The White Law Group Investigates Investor Losses in Strategic Student & Senior Housing Trust
The White Law Group is investigating potential securities claims on behalf of investors who may have been affected by losses in Strategic Student & Senior Housing Trust, Inc. If you invested in this non-traded REIT through a financial advisor, you may be able to recover losses through FINRA arbitration.
Updated September 2026: The company has completed its exit from student housing and is now a pure senior housing REIT. Its board has revised the estimated NAV to $6.37 per share, and reported secondary market pricing remains well below that figure.
Board Sets New NAV at $6.37 Per Share
On January 16, 2026, the board of Strategic Student & Senior Housing Trust approved an estimated net asset value of $6.37 per share for all share classes, based on a valuation as of September 30, 2025. That figure is up from the $6.08 estimate reported previously, but it remains well below the original $10.00 offering price.
Company Now Fully Focused on Senior Housing
Strategic Student & Senior Housing Trust sold its last student housing property, The District near the University of Arkansas, for $63 million in a deal that closed in January 2026. The company now owns four senior housing properties and no longer has any student housing exposure. Proceeds from the sale went primarily toward repaying roughly $55.3 million in loans.
Redemptions and Distributions Remain Suspended
The company’s primary stock offering has been terminated, and both its share redemption program and regular distributions to investors, suspended since 2020, remain suspended today. Its 10-K for fiscal year 2025 reported a net loss of approximately $4.3 million and an accumulated deficit of roughly $68.1 million. Total debt stood at about $102.7 million as of December 31, 2025, with leverage near 57% of purchase price and maturities coming due in 2028.
Secondary Market Pricing May Still Signal Losses
Because Strategic Student & Senior Housing Trust does not trade on a national exchange, investors looking to exit before a liquidity event must generally sell through a limited secondary market, often at a steep discount to NAV. Recent secondary market data has shown shares trading in the range of $2.62, well below both the board’s $6.37 estimated NAV and the original $10.00 offering price, though thin trading in this type of security means any single quoted price should be treated cautiously.
The Risks of Non-Traded REITs
Non-traded REITs are illiquid, difficult to value, and typically carry high upfront commissions and fees, sometimes as high as 10%, paid to the broker, the broker-dealer, and the wholesaler or manager. Those fees can create an incentive for brokers to recommend the investment regardless of whether it actually fits a particular investor’s goals, risk tolerance, or need for liquidity.
Broker Due Diligence and Regulation Best Interest
Under the SEC’s Regulation Best Interest, broker-dealers and their representatives must put a customer’s interests first when recommending an investment, which includes performing real due diligence before recommending a product like this one. A broker who failed to do that due diligence, or who recommended Strategic Student & Senior Housing Trust to an investor for whom it was unsuitable, may be held liable for the resulting losses.
How to Recover Investment Losses
Investors who lost money in Strategic Student & Senior Housing Trust may be able to recover damages through FINRA arbitration. Brokerage firms have a duty to supervise their representatives, and a firm that failed to catch an unsuitable recommendation can be held responsible for the harm that followed.
Frequently Asked Questions
How do I file a claim to recover losses in Strategic Student & Senior Housing Trust?
Most brokerage account agreements typically include a pre-dispute arbitration clause, something many retail investors don’t realize is in their paperwork. That generally means a claim is filed and resolved through FINRA arbitration rather than in court, and arbitration can still result in a real monetary recovery.
Can I still recover losses even though non-traded REITs are inherently risky?
Yes. The fact that an investment carries risk doesn’t excuse a broker from recommending it responsibly. If your broker didn’t properly assess whether this REIT fit your goals, risk tolerance, or liquidity needs before recommending it, you may have a claim.
Can the brokerage firm be held responsible for my losses, even if it didn’t personally choose the investment?
Yes, brokerage firms have a legal duty to supervise the recommendations their representatives make to clients. If a firm failed to catch an unsuitable recommendation of this REIT, it can be held liable for failing to supervise, separate from whatever the individual broker did.
Free Consultation With a Securities Attorney
If you invested in Strategic Student & Senior Housing Trust and have concerns about your investment, contact The White Law Group, national securities fraud attorneys with offices in Chicago and Seattle, at (888) 637-5510 for a free consultation, or contact us online.
