Strategic Student & Senior Housing Trust, Inc. is a public, non-traded REIT focused on student and senior housing.
SSSHT was first marketed to investors in 2017 through a private placement and went public in May 2018, raising about $110 million from investors. SSSHT advertises that it is intended to provide “stability, diversification, income, and potential growth over the long-term.”
As of March 30, 2020, SSSHT announced to its investors that distributions would be suspended, and that it could be years until their properties stabilize.
The REIT’s Board has also suspended its share redemption program (SRP), effective May 3, 2020. No redemption requests made for the first quarter of 2020 will be honored.