Strategic Student & Senior Housing Trust Reports 8.2% Revenue Growth in Q2 2025

Strategic Student & Senior Housing Trust, Inc. reported its financial results for the second quarter of 2025, revealing a notable increase in leasing and related revenues. For the three months ended June 30, 2025, the company generated approximately $9.3 million in revenues, up from $8.6 million during the same period in 2024, marking a 8.2% increase. The six-month revenue figures also reflected growth, with total revenues reaching $18.4 million compared to $17.0 million in the prior year. Despite this revenue growth, the company reported a net loss attributable to common stockholders of approximately $1.1 million for the quarter, an improvement from a loss of $3.3 million in the previous year.

The company’s financial position showed some changes compared to the end of 2024. Total assets decreased to $156.1 million as of June 30, 2025, down from $158.0 million at the end of the previous year. This decline was primarily attributed to a reduction in cash and cash equivalents, which fell to $9.6 million from $10.7 million. The company’s total liabilities remained relatively stable, increasing slightly to $129.6 million from $129.1 million. The equity attributable to Strategic Student & Senior Housing Trust, Inc. decreased to $12.0 million, down from $14.5 million, largely due to accumulated losses.

Strategically, the company has shifted its focus entirely to senior housing, following the sale of its last student housing property in July 2024 for $72.25 million. This sale allowed the company to repay significant debts, including a $34.5 million mortgage loan associated with the Fayetteville property. As of June 30, 2025, the company owned four senior housing properties, with an overall occupancy rate of approximately 94.6%. The company has not made any new acquisitions since the sale of the Fayetteville property and is concentrating on managing its existing portfolio.

Operationally, the company reported stable property operating expenses, which remained consistent at approximately $6.4 million for both the second quarter of 2025 and 2024. General and administrative expenses decreased to $0.5 million from $0.7 million year-over-year, reflecting cost management efforts. The company’s interest expenses were also stable, totaling approximately $1.3 million for both periods. Looking ahead, the company anticipates fluctuations in leasing revenues based on occupancy rates and rental pricing, while also facing challenges such as inflationary pressures and competition for quality employees.

In terms of future outlook, Strategic Student & Senior Housing Trust, Inc. remains cautious, emphasizing the importance of maintaining occupancy levels and managing operational costs. The company has suspended its distribution program since March 2020 due to the financial impacts of the COVID-19 pandemic and has not declared any distributions for the first half of 2025. The management is focused on ensuring liquidity and operational stability while navigating the evolving market conditions in the senior housing sector.