RE · REAL ESTATE

Strategic Student & Senior Housing Trust, Inc.

Strategic Asset Management · Non-Traded Senior Housing REIT (post-offering)

Program Overview

Non-Traded Senior Housing REIT (post-offering)

Peer Group Filters

Asset Class: Real Estate
Vehicle: REIT
Single / Multi Asset: Multi-Asset

Sponsor/Manager

Strategic Asset Management

Asset Class

Real Estate

Issuer

Strategic Student & Senior Housing Trust, Inc.

Issuer Legal Structure

MD Corporation

Program Life Structure

Indefinite

Securities Offered

Equity - Class A Common Stock Equity - Class T Common Stock Equity - Class W Common Stock Equity - Class Y Common Stock Equity - Class Z Common Stock Equity - Series A Cumulative Redeemable Preferred Units (SAM Preferred Investor, LLC)

Target Leverage

Target 55–60% LTV $101.8M, 100% fixed at 4.94% blended, at 6/30/2026: Utah loans $42.2M (cross-collateralized) due 2/2028 and Courtyard $59.5M due 9/2028; ~97% matures 2028. About 57% of purchase price (12/31/2025); 67% of total assets. Non-recourse carve-out guaranty only. Charter cap 300% of net assets.

Strategy Risk/Return Profile

Managing Broker-Dealer

Select Capital Corporation

Scale

604 units · 4 properties

Maximum Offering

$1,095,000,000

Raised To Date

$17,100,000

Minimum Investment

$5,000

Strategy Overview

Maryland non-traded REIT formed in 2016 to own student and senior housing. After selling its last student property in July 2024 it owns four senior housing communities (604 units; Courtyard in Portland OR and three in Utah) in a RIDEA structure run by unaffiliated operators. Growth is dormant, the offering ended in 2021, and no liquidity event, redemptions or distributions are in place. About 97% of $101.8M of fixed-rate debt matures in 2028.

Subscribe to Ratings ALTSeek Ratings, securities and terms and the full diligence record are available with a subscription. Subscribe to Ratings Already subscribed? Sign in again