Strategic Student & Senior Housing Trust Files 8-K

TL;DR

SSHT filed an 8-K for financial statements/exhibits as of Jan 10, 2025.

AI Summary

Strategic Student & Senior Housing Trust, Inc. filed an 8-K on January 14, 2025, reporting events as of January 10, 2025. The filing primarily concerns financial statements and exhibits, with no specific material events detailed in the provided text.

Why It Matters

This 8-K filing indicates that Strategic Student & Senior Housing Trust, Inc. is providing updated financial statements and exhibits to the SEC, which is a standard regulatory requirement.

Risk Assessment

Risk Level: low — The filing appears to be routine and does not disclose any significant negative events or changes in the company's operations.

Key Players & Entities

• Strategic Student & Senior Housing Trust, Inc. (company) — Registrant
• January 10, 2025 (date) — Date of earliest event reported
• January 14, 2025 (date) — Date of report
• Maryland (jurisdiction) — State of incorporation
• 19900 MacArthur Blvd . Suite 250 Irvine , California 92612 (address) — Principal executive offices
• (877) 327-3485 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $6.35 b — , Class Y shares, and Class Z shares of $6.35 based on the estimated value of our asset
• $5.66 — e range in estimated value per share of $5.66 to $7.10, with an approximate mid-range
• $7 — n estimated value per share of $5.66 to $7.10, with an approximate mid-range value
• $6 — with an approximate mid-range value of $6.35, as indicated in the valuation repor
• $6.35 — recommended to the Board that it adopt $6.35 as the Estimated Per Share NAV for the
• $180.5 million — and development price of approximately $180.5 million. As of September 30, 2024, the total ap
• $203.1 million — ethod described above was approximately $203.1 million. This represents an approximate 12.5% i
• $214.4 million — e Appraised Properties to approximately $214.4 million. Similarly, an increase in the terminal
• $193.8 million — e Appraised Properties to approximately $193.8 million. Assuming all other factors remain unch
• $204.9 million — e Appraised Properties to approximately $204.9 million. Similarly, an increase in the discount
• $199.0 million — e Appraised Properties to approximately $199.0 million. Debt The estimated value of the ag
• $103.2 m — ing of the debt were each approximately $103.2 million, representing a below market debt
• $1.9 million — market debt valuation of approximately $1.9 million. Other Assets and Liabilities The c

Filing Documents

• sssht-20250110.htm (8-K) — 191KB
• sssht-ex99_1.htm (EX-99.1) — 7KB
• 0000950170-25-005243.txt ( ) — 317KB
• sssht-20250110.xsd (EX-101.SCH) — 25KB
• sssht-20250110_htm.xml (XML) — 4KB

01. Other Events

Item 8.01. Other Events. Determination of Estimated Per Share Net Asset Value On January 10, 2025, the board of directors (the "Board") of Strategic Student & Senior Housing Trust, Inc. (the "Company," "we," "us," "our"), at the recommendation of the Nominating and Corporate Governance Committee of the Board (the "Committee"), unanimously approved and established our estimated net asset value per share ("Estimated Per Share NAV") for our Class A shares, Class T shares, Class W shares, Class Y shares, and Class Z shares of $6.35 based on the estimated value of our assets less the estimated value of our liabilities, or net asset value, divided by the number of shares outstanding on an adjusted fully diluted basis, calculated as of September 30, 2024. We are providing this Estimated Per Share NAV to assist broker-dealers in connection with their obligations under applicable Financial Industry Regulatory Authority ("FINRA") rules with respect to customer account statements and to assist fiduciaries in discharging their obligations under Employee Retirement Income Security Act ("ERISA") reporting requirements. This valuation was performed in accordance with the provisions of Practice Guideline 2013-01, Valuations of Publicly Registered Non-Listed REITs , issued by the Institute for Portfolio Alternatives ("IPA") in April 2013 (the "IPA Guidelines"). The Committee, comprised of our two independent directors, was responsible for the oversight of the valuation process, including the review and approval of the valuation process and methodology used to determine the Estimated Per Share NAV, the consistency of the valuation methodology with real estate standards and practices, and the reasonableness of the assumptions used in the valuations and appraisals. The Committee approved the engagement of Kroll, LLC ("Kroll"), an independent third party real estate valuation and advisory firm, to provide valuation services for our assets and liabilities. In connection therewith

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Consent of Kroll, LLC 104 Cover Page Interactive Data File (embedded within the inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Strategic STUDENT & SENIOR HOUSING Trust, Inc. Date: January 14, 2025 By: /s/ John Strockis John Strockis Chief Executive Officer and President

View Full Filing

View this 8-K filing on SEC EDGAR