Strategic Student & Senior Housing Trust Company Description
Strategic Student and Senior Housing Trust, Inc. (“SSSHT”) is a public, non-traded REIT focused exclusively on student housing and senior housing.
With strong demographic drivers from college students and baby boomers, we believe these specialized segments are poised for growth.
College enrollment is expected to increase by 14% from 2015 to 2026, and current university housing is often outdated and overcrowded.
College students want more than a dorm; they want purpose-built, pedestrian-to-campus housing with opportunities to study, relax, and connect with friends.
The sizeable aging baby boomer population will require suitable housing and care for many decades. With longer lifespans and fewer family caregivers, there is a need for environments based on universal design that feature rich social interaction and lifestyle-appropriate amenities for independent living, assisted living, memory care, and continuing-care retirement communities.
SSSHT intends to take advantage of the growing demand for these recession-resistant asset classes. With desirable demographic trends and fragmented market shares, we believe SSSHT can provide stability, diversification, income, and potential growth over the long-term.
Country | United States |
Founded | 2016 |
Industry | Real Estate Investment Trusts |
CEO | John Strockis |
Contact Details
Address: 19900 MacArthur Blvd Irvine, Maryland 92612 United States | |
Phone | 877 327 3485 |
Website | strategicreit.com |
Stock Details
Ticker Symbol | STSR |
Exchange | OTCMKTS |
Stock Type | Common Stock |
Share Class | Class A Shares |
Fiscal Year | January - December |
Reporting Currency | USD |
SIC Code | 6798 |
Key Executives
Name | Position |
---|---|
John Strockis | Chief Executive Officer |
Matt Lopez | Chief Financial Officer |