227 people follow this. Smartstop Self Storage REIT Inc operates as a real estate investment trust. 27.08.2015 - LADERA RANCH, CA--(Marketwired - Aug 27, 2015) - SmartStop Self Storage, Inc. announced operating results for the three and six months ended June 30, 2015. Search the REIT directory to learn more about individual companies. All forward-looking statements speak only as of the date hereof and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. SmartStop is the tenth-largest self storage company in the U.S., with approximately $1.7 billion of real estate assets under management, including an owned and managed portfolio of … About SmartStop Self Storage REIT, Inc.SmartStop is a self-managed REIT with a fully integrated operations team of approximately 390 self storage professionals focused on growing the SmartStop® Self Storage brand. All SmartStop properties are operated under the SmartStop® Self Storage brand. Nachrichten zur Aktie SmartStop Self Storage REIT Inc Registered Shs -A- | US83192D1054 About See All. REITs invest in the majority of real estate property types, including offices, apartment buildings, warehouses, retail centers, medical facilities, data centers, cell towers, infrastructure and hotels. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. 1-202-739-9400 The merger is expected to close during the first half of 2021. SmartStop is a self-managed REIT with a fully integrated operations team of approximately 390 self storage professionals focused on growing the SmartStop® Self Storage brand. Additional Information and Where to Find ItIn connection with the proposed merger, SmartStop intends to file a registration statement on Form S-4 with the Securities and Exchange Commission (the "SEC") that will include a proxy statement of SST IV and will also constitute a prospectus of SmartStop. With over 140 storage facilities across the US & Canada, SmartStop has storage solutions that fit your needs. Since all of the SST IV portfolio is already branded as SmartStop® Self Storage, there will be total continuity of operations throughout the process.". All SmartStop properties are operated under the SmartStop® Self Storage brand. These forward-looking statements should not be relied upon as representing SST IV's and SmartStop's views as of any date subsequent to the date hereof. SST IV wholly owns 24 self storage facilities comprising approximately 18,000 self storage units and 2 million net rentable square feet of storage space, as well as one operating property and four parcels of land under development in joint ventures in the Greater Toronto Area with SmartCentres REIT, one of the largest real estate investment trusts in Canada. Nareit is pleased to welcome SmartStop Self Storage REIT, Inc. as its newest corporate member. SmartStop is the tenth-largest self storage company in the U.S., with approximately $1.7 billion of real estate assets under management, including an owned and managed portfolio of 150 properties in 19 states and Toronto, Canada and comprising over 100,000 units and … The transaction values SST IV at approximately $370 million, based on September 30, 2020 share counts and debt principal balances outstanding, and using the agreed exchange ratio and SmartStop's estimated NAV per share of $10.40. SMARTSTOP SELF STORAGE REIT A AKTIE und aktueller Aktienkurs. SmartStop Self Storage, Inc. operates as a self storage company. SmartStop Self Storage REIT, Inc. is a self-managed and fully integrated self storage REIT, focused on growing across the U.S. and greater Toronto area. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs, including Strategic Storage Trust IV, Inc., a public non-traded REIT, and other private programs. Contact SmartStop Self Storage on Messenger. This transaction will allow the combined company to, among other things, achieve further economies of scale and potentially create greater value as it takes advantage of the benefits of a larger aggregate portfolio. SmartStop Self Storage, Inc. (SST) was a fully integrated, self-administered and self-managed REIT focused on the ownership, operation, acquisition, development and redevelopment of self storage facilities located throughout the United States and the Greater Toronto Area. SmartStop Self Storage, Inc. (SmartStop®) is a fully integrated, self-administered and self-managed self-storage company, which owns/operates 169 self-storage properties in … The trust owns, acquires, and operates self-storage properties. Get Directions. 10 Terrace Rd. 1 check-in. Security holders can obtain information regarding the names, affiliations and interests of such persons in SST IV's proxy statement filed with the SEC on April 9, 2020, and SmartStop's proxy statement filed with the SEC on April 24, 2020. SmartStop Self Storage Location (941) 400-6334. SmartStop has approximately $1.7 billion of real estate assets under management. SOURCE SmartStop Self Storage REIT, Inc.; Strategic Storage Trust IV, Inc. Cision Distribution 888-776-0942 2021 Outlook for REITs and Commercial Real Estate, REITwise: 2021 Law, Accounting & Finance Conference. Rent online & receive your 1st Month Rent Free! The respective special committees, along with the SmartStop and SST IV boards of directors, each unanimously approved the merger agreement, which remains subject to the approval of SST IV's stockholders and other customary closing conditions. Contacts:                                                                                                                   Mark BarbalatoFTI Consulting212.850.5707[email protected]. Upon completion of the transaction, SmartStop stockholders will own approximately 64% of the combined company, SST IV stockholders will own approximately 25%, and management will own approximately 11%, based on SmartStop and SST IV's share and operating partnership unit counts as of September 30, 2020. LADERA RANCH, Calif., Nov. 17, 2020 /PRNewswire/ -- SmartStop Self Storage REIT, Inc. ("SmartStop"), a self-managed and fully-integrated self storage company with … "We are excited to announce this transaction and look forward to combining the high-quality assets in the SST IV portfolio with SmartStop's existing portfolio and operational platform." SST IV and SmartStop may not be able to complete the proposed transaction on the terms described above or other acceptable terms or at all because of a number of factors, including without limitation, the following: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; (ii) the failure to obtain the approval of SST IV's stockholders or the failure to satisfy the other closing conditions to the merger; (iii) risks related to disruption of management's attention from SST IV's and SmartStop's ongoing business operations due to the transaction; and (iv) the effect of the announcement of the merger on the ability of the parties to retain and hire key personnel, maintain relationships with their customers and suppliers, and maintain their operating results and business generally. Participants in Solicitation Relating to the MergerSST IV and SmartStop and their respective directors and executive officers, as well as SST IV's external investment advisor, may be deemed, under SEC rules, to be participants in the solicitation of proxies from SST IV's stockholders with respect to the proposed merger. "With this merger, the combined company will be better positioned to recognize expense efficiencies, reduce borrowing costs, and aggregate size and scale for the future. When typing in this field, a list of search results will appear and be automatically updated as you type. In addition, the forward-looking statements represent SST IV's and SmartStop's views as of the date on which such statements were made. KeyBanc Capital Markets Inc. served as financial advisor and Bass, Berry & Sims PLC as legal counsel to the SST IV special committee. In addition, the proxy statement/prospectus and other documents filed by SST IV and SmartStop with the SEC (when available) may be obtained from SST IV free of charge by directing a request to the following address: Strategic Storage Trust IV, Inc., Attention: Nicholas M. Look, 10 Terrace Road, Ladera Ranch, California 92694, or by calling (877) 327-3485. 1-202-739-9401 (fax). Actual results may differ materially from those indicated by such forward-looking statements. 1027 N Washington Blvd (2,409.03 mi) Sarasota, FL, FL 34236. SmartStop Self Storage REIT, Inc. SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed and fully-integrated self storage company with a portfolio of over $1.6 billion of self storage assets. On December 2, 2019, SmartStop Self Storage REIT, Inc. (the “Company”) issued a press release discussing the Company’s financial results for the three and nine months ended September 30, 2019. BEFORE MAKING ANY VOTING DECISION, SST IV'S STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER OR INCORPORATED BY REFERENCE THEREIN BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER AND THE PARTIES TO THE PROPOSED MERGER. Community See All. The Company operates, acquires, owns, and develops self-storage facilities and real estate investments. SmartStop Self Storage REIT, Inc. Reports 2020 Third Quarter Results and Highlights. The merger agreement also stipulates that in the event of a termination of the merger agreement by SST IV under specified circumstances, SST IV will be required to pay SmartStop a termination fee of approximately $7.2 million. Nareit® is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Ladera Sports Center (Ladera Ranch, California) Mississauga, Ontario Canada (Greater Toronto Area) Pickering, Ontario Canada (Greater Toronto Area) Brampton, Ontario Canada (Greater Toronto Area) Reno Student Housing (Reno, Nevada) Real Estate Investment Strategies & Solutions . SmartStop is the tenth-largest self storage company in the U.S., with approximately $1.7 billion of real estate assets under management, including an owned and managed portfolio of 148 properties in 19 states and Toronto, Canada and comprising approximately 99,000 units and 11.2 million rentable square feet. SmartStop Self Storage REIT, Inc. is a self-managed and fully integrated self storage REIT, focused on growing across the U.S. and greater Toronto area. The total SST IV portfolio, including joint venture property estimates at completion of development, represents approximately 22,500 self storage units and 2.6 million net rentable square feet. said Michael S. McClure, CEO of SmartStop. All rights reserved. Nareit's members are REITs and other businesses throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses. SST IV and SmartStop each anticipate that subsequent events and developments may cause its views to change. SmartStop Self Storage in Sarasota, serving the areas of Kensington Park, Southgate and Sarasota Spr... See More. SmartStop Asset Management, LLC. Commercial real estate and REITs are likely to begin to recover in 2021, with the pace of improvement driven by the availability and effectiveness of a vaccine. About SmartStop Self Storage REIT, Inc. ("SmartStop"): SmartStop is a self-managed REIT with a fully integrated operations team of approximately 380 self storage professionals focused on growing the SmartStop® Self Storage brand. Additional factors that may affect the business or financial results of SST IV and SmartStop are described in the risk factors included in SST IV's and SmartStop's filings with the SEC, including SST IV's and SmartStop's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, copies of which are available on the SEC's website, www.sec.gov. For 60 years, Nareit has led the U.S. REIT industry by ensuring its members’ best interests are promoted by providing unparalleled advocacy, investor outreach, continuing education and networking. SST was headquartered in Ladera Ranch, California. National Association of Real Estate Investment Trusts® and Nareit® are registered trademarks of the National Association of Real Estate Investment Trusts (Nareit). Smartstop Self Storage REIT, Inc. operates as a real estate investment trust. SMARTSTOP SELF STORAGE REIT, INC. AND SUBSIDIARIES NON-GAAP MEASURE – COMPUTATION OF SAME-STORE OPERATING RESULTS (Unaudited) The following table sets forth operating data for SmartStop's same-store facilities (those properties included in the consolidated results of operations since July 1, 2019, excluding 10 lease-up properties SmartStop owned as of July 1, 2019) for the three … 10 Terrace Road SST IV intends to mail or otherwise provide to its stockholders the proxy statement/prospectus and other relevant materials, and hold a meeting of its stockholders to obtain the requisite stockholder approval of the merger and an amendment to SST IV's charter to remove the limitations on "roll-up transactions," which is necessary to consummate the merger. SmartStop Asset Management, LLC Corporate Headquarters. Investors and security holders may obtain a free copy of the proxy statement/prospectus and other documents that SST IV and SmartStop file with the SEC (when available) from the SEC's website at www.sec.gov, SST IV's website at https://strategicreit.com/site/sst4, and SmartStop's website at https://strategicreit.com/site/sst2. Attendees will have the opportunity to earn CPE/CLE credits and learn about the latest political, economic, and market events impacting REITs. LADERA RANCH, Calif., Nov. 10, 2020  /PRNewswire/ -- SmartStop Self Storage REIT, Inc. ("SmartStop") and Strategic Storage Trust IV, Inc. 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