Recent 8-K filings for STSR
Highest-materiality recent filing
SSSHT discloses 81% LTV, bridge loan maturity in April 2022, cash shortfall
- 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).
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SSSHT reports 12% revenue growth and 17% NOI gain for first half of 2026
Total revenue up ~$2.1M or 12% YoY; property NOI up ~$0.9M or 17%.
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SSSHT reports Q3 2025 revenue up 8%, property NOI up 12%, occupancy rises to 96%
Q3 2025 revenue increased ~$0.7M (8%) vs Q3 2024; expenses up ~$0.4M (6%).
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SSSHT Q2 2025: Revenue up 8%, NOI up 29%, occupancy rises to 95%
Revenue increased ~$0.7M (8% YoY); property NOI up ~$0.6M (29% YoY) in Q2 2025.
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Distribution of $3.2M ($0.24/share) from net proceeds of Fayetteville student housing sale; payable week of Dec 16, 2024.
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Sells Fayetteville student property for $72.25M; pays off $59.9M in debt
Fayetteville student property sold July 31, 2024 for $72.25M; $25.4M bridge loan and $34.5M first mortgage paid off.
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Sold Fayetteville, AR student housing property for $72.25M cash (purchased 2017 for $57M) to JV of Virtus (95%) and sponsor SAM affiliate (5%).
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Sale price of $72.25M for Fayetteville student housing property; buyer is Virtus Real Estate-led joint venture with sponsor SAM.
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Strategic Student & Senior Housing Trust sets estimated NAV per share at $6.34 as of Sep 30, 2023
Estimated NAV per share of $6.34 for all share classes, up from $6.24 a year earlier.
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Walton Street Capital terminates Fayetteville property sale agreement effective Jan 2, 2024
WSC, as managing member of buyer, provided termination notice to SAM on January 2, 2024.
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Sale price for Fayetteville, AR student housing property is approx. $63M; expected to close Jan 2024.
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Strategic Student & Senior Housing Trust Q2 NOI up $0.2M, senior occupancy 91%
Senior living occupancy rose to 91% (June 30) from 90% (March 31); student housing averaged ~97%.
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Strategic Student & Senior Housing Trust raises estimated NAV to $6.24, up 3% from prior
Estimated per share NAV of $6.24 as of Sept 30, 2022, vs $6.08 as of Dec 31, 2021 (3% increase).
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Strategic Student & Senior Housing Trust sets estimated NAV at $6.24 per share as of Sept 30, 2022
Estimated NAV per share of $6.24 for all share classes, up from $6.08 as of Dec 31, 2021.
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Senior community occupancy rose from ~82% to ~86% in Q1 2022 (400 bps increase).
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Strategic Student & Senior Housing sells Tallahassee property for $50M cash
Sold YOUnion@Tallahassee to a Blackstone affiliate for $50M cash, less closing costs.
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Sold Tallahassee student housing to Blackstone affiliate for ~$50M; expected close Q1 2022.
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SSSHT discloses 81% LTV, bridge loan maturity in April 2022, cash shortfall
Senior occupancy rose 330 bps to 80.5% in Q2, but NOI was ~$100k below Q2 2020.
Materiality & sentiment trend
Max materiality 0.85 · Median 0.60 · Most common event other_material