Strategic Student & Senior Housing Trust, Inc. — fact timeline

Strategic Student & Senior Housing Trust, Inc. completed a disposition involving YOUnion at Fayetteville SPE, LLC for $72.25 million in cash, less closing costs (closed 2024-07-31).

“In addition, a SAM affiliate serves as the property manager of the Fayetteville Property on behalf of the Joint Venture. The sale price for the Fayetteville Property was $72.25 million in cash, less closing costs. The mortgage loan encumbering the Fayetteville Property of approximately $34.5 million was repaid in full at closing. The net proceeds from the sale”

Strategic Student & Senior Housing Trust, Inc. amended Eighth Amendment with KeyBank National Association valued at extension fee equal to 0.55% of the outstanding principal balance of the KeyBank Bridge Loans as of (effective 2024-03-13).

“On March 13, 2024, the KeyBank Bridge Borrowers entered into the Eighth Amendment to the KeyBank Bridge Loans (the “Eighth Amendment”) to, among other matters, extend the maturity date of the KeyBank Bridge Loans from April 30, 2024 to June 30, 2025.”

Strategic Student & Senior Housing Trust, Inc. terminated Fayetteville Sale Agreement with W-S 376 Watson Owner IX, L.P. (effective 2024-01-02).

“On January 2, 2024, WSC, the managing member of the Buyer and on behalf of the Buyer, provided a termination notice to SAM terminating the Fayetteville Sale Agreement effective as of January 2, 2024.”

Strategic Student & Senior Housing Trust, Inc. entered into Fayetteville Sale Agreement with W-S 376 Watson Owner IX, L.P. valued at approximately $63 million (effective 2023-11-27).

“On November 27, 2023, a subsidiary of Strategic Student & Senior Housing Trust, Inc. (the “Registrant”) executed an agreement of purchase and sale (the “Fayetteville Sale Agreement”) with W-S 376 Watson Owner IX, L.P. (the “Buyer”) for the sale of the Registrant’s student housing property located in Fayetteville, Arkansas”

Strategic Student & Senior Housing Trust, Inc. shareholders approved Ratification of appointment of BDO USA, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023 at the 2023-06-23 meeting.

“Proposal Two The appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 was ratified by the stockholders by the following vote: Votes For Votes Against Votes Abstained 6,123,736 503,613 690,681”

Strategic Student & Senior Housing Trust, Inc. shareholders approved Election of Directors at the 2023-06-23 meeting.

“Proposal One The following directors were each elected by the following vote to serve as a director until the 2024 Annual Meeting of Stockholders and until his successor is duly elected and qualifies: Votes For Votes Withheld H. Michael Schwartz 6,273,173 1,044,857 Brent Chappell 6,199,103 1,118,927 Stephen G. Muzzy 6,064,550 1,253,480”

Strategic Student & Senior Housing Trust, Inc. amended Seventh Amendment to the KeyBank Bridge Loans with KeyBank National Association valued at Extension fee equal to 0.35% of outstanding principal balance; outstanding balance approximately $26 (effective 2022-10-28).

“On October 28, 2022, the KeyBank Bridge Borrowers entered into the Seventh Amendment to the KeyBank Bridge Loans (the “Seventh Amendment”) that extended the maturity date of the KeyBank Bridge Loans from April 30, 2023 to April 30, 2024.”