Debt (Tables)

9 Months Ended

Sep. 30, 2025

The Company’s outstanding debt is summarized as follows:


Loan	September 30, 2025			December 31, 2024			Interest Rate	Maturity Date
Freddie Mac Utah Loans (1)	$	42,888,560		$	43,509,081		5.06%	2/23/2028
Freddie Mac Courtyard Loan (2)		60,329,238			61,087,143		4.86%	9/1/2028
Debt issuance costs, net		(376,691	)		(483,269	)
Debt, net		102,841,107			104,112,955

(1)

Represents the aggregate of three separate mortgage loans for the three senior housing properties acquired in Utah. Fixed rate debt with interest only payments due monthly for the first two years, then principal and interest on a 30-year amortization schedule beginning March 2020.

(2)

Fixed rate debt with interest only payments due monthly for the first four years, then principal and interest on a 30-year amortization schedule beginning September 2022.

Future Principal Payment Requirements on Outstanding Secured Debt

The following table presents the future principal payment requirements on outstanding debt as of September 30, 2025:


2025	$	478,430
2026		1,952,215
2027		2,052,475
2028		98,734,678
Total payments		103,217,798
Debt issuance costs, net		(376,691	)
Total	$	102,841,107

Strategic Student & Senior Housing Trust, Inc. 10-Q