The Trust was formed to acquire and hold a student housing property comprising four buildings approximately 0.2 miles from the University of Southern California campus in Los Angeles. The property includes a renovated five-bedroom, five-bathroom unit originally constructed in 1915 and three three-bedroom, three-bathroom units constructed between 2021 and 2023. The Trust seeks to generate rental income through a master lease with PB 1205 West MT, LLC, providing exposure to the USC student housing market.