Strategic Student & Senior Housing Trust Enters Material Agreement
Ticker: STSR · Form: 8-K · Filed: Jun 13, 2024 · CIK: 1698538
Sentiment: neutral
Topics: material-agreement, real-estate, filing
TL;DR
Strategic Student & Senior Housing Trust signed a big deal on 6/7/24. Details to follow.
AI Summary
Strategic Student & Senior Housing Trust, Inc. entered into a Material Definitive Agreement on June 7, 2024. The filing also includes Regulation FD Disclosure and Financial Statements and Exhibits. The company is incorporated in Maryland and its principal executive offices are located in Irvine, California.
Why It Matters
This filing indicates a significant new agreement for the company, which could impact its future operations and financial performance in the student and senior housing sectors.
Risk Assessment
Risk Level: medium — The filing reports a material definitive agreement, which could carry significant financial or operational implications, but the specific details and impact are not yet fully disclosed.
Key Players & Entities
- Strategic Student & Senior Housing Trust, Inc. (company) — Registrant
- June 7, 2024 (date) — Date of earliest event reported
- Maryland (jurisdiction) — State of incorporation
- Irvine, California (location) — Address of principal executive offices
FAQ
What is the nature of the Material Definitive Agreement entered into by Strategic Student & Senior Housing Trust, Inc. on June 7, 2024?
The filing states that Strategic Student & Senior Housing Trust, Inc. entered into a Material Definitive Agreement on June 7, 2024, but the specific details of this agreement are not provided in the provided text.
When was Strategic Student & Senior Housing Trust, Inc. incorporated, and in which state?
Strategic Student & Senior Housing Trust, Inc. was incorporated in Maryland.
What is the principal executive office address for Strategic Student & Senior Housing Trust, Inc.?
The principal executive offices of Strategic Student & Senior Housing Trust, Inc. are located at 19900 MacArthur Blvd., Suite 250, Irvine, California 92612.
What is the registrant's telephone number?
The registrant's telephone number is (877) 327-3485.
What other items are included in this 8-K filing besides the Material Definitive Agreement?
This 8-K filing also includes Regulation FD Disclosure and Financial Statements and Exhibits.
Filing Stats: 868 words · 3 min read · ~3 pages · Grade level 11.5 · Accepted 2024-06-13 12:01:03
Key Financial Figures
- $72.25 m — Fayetteville Property is approximately $72.25 million, less closing costs. Virtus has m
- $750,000 — us has made an earnest money deposit of $750,000 in connection with the execution of the
- $57 m — 7 for a purchase price of approximately $57 million, excluding acquisition costs. The
- $34.5 million — he Fayetteville Property (approximately $34.5 million) and the KeyBank Bridge Loan (approxima
- $25.5 million — the KeyBank Bridge Loan (approximately $25.5 million), and the remainder of the net proceeds
Filing Documents
- d832890d8k.htm (8-K) — 28KB
- d832890dex101.htm (EX-10.1) — 275KB
- d832890dex991.htm (EX-99.1) — 16KB
- g832890g0611193700486.jpg (GRAPHIC) — 2KB
- g832890g0611194301357.jpg (GRAPHIC) — 7KB
- 0001193125-24-160470.txt ( ) — 513KB
- sssht-20240607.xsd (EX-101.SCH) — 3KB
- sssht-20240607_lab.xml (EX-101.LAB) — 16KB
- sssht-20240607_pre.xml (EX-101.PRE) — 10KB
- d832890d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 10.1* Fayetteville Sale Agreement 99.1 Letter to Stockholders (furnished only) 104 Cover Page Interactive Data File (embedded within the inline XBRL document). * Certain schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Registrant will furnish such omitted schedules and exhibits to the SEC upon request. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. STRATEGIC STUDENT & SENIOR HOUSING TRUST, INC. Date: June 13, 2024 By: /s/ John Strockis John Strockis Chief Executive Officer and President