---
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"
generated_at: "2026-06-29T06:31:23.189074+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SSSHT discloses 81% LTV, bridge loan maturity in April 2022, cash shortfall

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-046636
- JSON: https://secwatch.observer/filing/0001564590-21-046636.json
- Plain text: https://secwatch.observer/filing/0001564590-21-046636.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.