{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-21-046636","form_type":"8-K","ticker":"STSR","cik":"0001698538","company_name":"Strategic Student & Senior Housing Trust, Inc.","filed_at":"2021-09-01T23:59:59+00:00","discovered_at":"2026-05-14T18:04:19.261472+00:00","generated_at":"2026-06-29T06:31:23.189074+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SSSHT discloses 81% LTV, bridge loan maturity in April 2022, cash shortfall","bullets":["Senior occupancy rose 330 bps to 80.5% in Q2, but NOI was ~$100k below Q2 2020.","PPP loans of $1.95M forgiven; student pre-leasing at 96.3% (Fayetteville) and 100% (Tallahassee).","Loan-to-value ratio of 81% as of June 30; $44M bridge loans mature April 2022.","Lender requires $1.8M increase in restricted cash reserves by Jan 1, 2022; company lacks cash.","Delta variant causing breakthrough infections; all options including asset sales or recapitalization considered."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-21-046636","json":"https://secwatch.observer/filing/0001564590-21-046636.json","markdown":"https://secwatch.observer/filing/0001564590-21-046636.md","text":"https://secwatch.observer/filing/0001564590-21-046636.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1698538/000156459021046636/0001564590-21-046636-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1698538/000156459021046636/ck1698538-8k_20210831.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T06:31:23.189074+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}