Articles from SmartStop Self Storage REIT, Inc.

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA), an internally-managed real estate investment trust and a premier owner and operator of self storage facilities in the United States and Canada, announced the closing of its underwritten public offering of 31,050,000 shares of its common stock, including 4,050,000 shares of its common stock issued upon the exercise in full by the underwriters of their option to purchase additional shares to cover over-allotments, at a public offering price of $30.00 per share, before underwriting discounts and commissions.

SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), an internally-managed real estate investment trust and a premier owner and operator of self storage facilities in the United States and Canada, announced today the pricing of its public offering of 27,000,000 shares of common stock at a price to the public of $30.00 per share.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), an internally-managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced today the launch of its proposed underwritten public offering.

SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self-storage company, announced its overall results for the three and 12 months ended December 31, 2024.

SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), is thrilled to announce an exciting art contest inviting artists from across North America to create unique, city- or region-themed designs. SmartStop will select 15 winners whose artwork best represents one of 15 designated cities or regions in the U.S. and Canada. Each winning design will be transformed into a full-size door wrap on a drive-up storage unit at SmartStop’s Ladera Ranch, California facility.

SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), a self-managed and fully integrated self-storage company, is pleased to announce its expansion into Tennessee with the acquisition of a storage facility in Murfreesboro.

SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), a self-managed and fully integrated self-storage company, is excited to announce the launch of its new SmartStop Self Storage Mobile App. Designed to provide convenience and flexibility, the app has been rolled out to select markets and will be available to all 210 SmartStop locations across the United States and Canada by March 2025.

SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), a self-managed and fully integrated self-storage company, is pleased to announce the acquisition of two premier Class A storage facilities in the New York Metro region.

SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), a self-managed and fully integrated self-storage company, is proud to announce the acquisition of a Class A self-storage facility in Ladera Ranch, California.

SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), a self-managed and fully integrated self-storage company, is pleased to announce the acquisition of two high-quality self-storage facilities, expanding its presence in strategic markets in Washington, D.C., and San Jose, California.

SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), a self-managed and fully integrated self-storage company, is pleased to announce the acquisition of a premium Class A self-storage facility in Aurora, Colorado. The facility spans approximately 87,450 net rentable square feet and features approximately 740 units across three buildings.

SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self-storage company, announced its overall results for the three and nine months ended September 30, 2024.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, is proud to announce the continuation of its partnership with the Breast Cancer Research Foundation® (BCRF) for the seventh consecutive year. In recognition of Breast Cancer Awareness Month, SmartStop will donate $5 to BCRF for every new unit rented throughout October, supporting critical breast cancer research advancement.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today that 15 properties totaling approximately 935,000 net rentable square feet and 6,600 units were temporarily closed over the weekend in Asheville, North Carolina due to impact related to Hurricane Helene. One property has suffered severe flooding and represents approximately 66,400 net rentable square feet and 390 units. Additional stores in several other markets were temporarily closed over the weekend. Several have reopened and sustained minimal damage, and others are opening as the Company ensures the safety of its buildings and employees is fully secured. The Company’s Florida properties were largely unaffected.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today that two of its executives will share their industry insights at the upcoming 10th Annual Evercore ISI Storage Symposium in New York City on Tuesday, October 1, 2024.

SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self-storage company, announced its overall results for the three and six months ended June 30, 2024.

SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), a self-managed and fully integrated self-storage company, is thrilled to announce the acquisition of its 200th owned or managed property, a significant milestone capping a period of remarkable growth since 2015.

SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), a self-managed and fully integrated self-storage company, proudly announces the acquisition of a Class A self-storage facility in Spartanburg, South Carolina. The state-of-the-art three-story building features approximately 109,500 net rentable square feet and approximately 950 climate-controlled units.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully integrated self-storage company, announced today that H. Michael Schwartz, the Company’s Chairman and CEO, will participate as a keynote speaker at the 19th Annual Self Storage Owners Summit. The event, hosted by the California Self Storage Association and Talonvest Capital, will take place at the Balboa Bay Resort in Newport Beach, California, on Thursday, July 18, 2024. Mr. Schwartz’s presentation is scheduled for 2:15 p.m. Pacific Daylight Time and will cover insights and future trends in the self-storage industry.

SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), a self-managed and fully integrated self-storage company, is thrilled to announce the celebration of National Self-Storage Day on Monday, June 10. This day recognizes the benefits of professional self storage in helping individuals and businesses manage their space, stay organized, and simplify their lives. SmartStop will celebrate by offering the first month free on all new unit rentals on Monday, June 10, 2024, in the U.S. and Canada.

SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self storage company, announced its overall results for the three months ended March 31, 2024.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, is thrilled to announce the exclusive opportunity for fans to meet NTT INDYCAR SERIES Champion and Indianapolis 500 Winner Tony Kanaan and multiple athletes from the University of Southern California (“USC”) at the Lifestyle Expo at the Acura Grand Prix of Long Beach on Friday, April 19 for autograph sessions.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, is proud to announce that Bliss Edwards, Executive Vice President – Canada, will be participating at the Canadian Self Storage Association's (“CSSA”) 19th Annual Western Canadian Conference. The event is scheduled to take place on April 18 and 19 at The Westin Bayshore in Vancouver, British Columbia. Edwards will be speaking at the CSSA Investors Forum Panel Discussion on Thursday, April 18, at 1:45 p.m. Pacific Daylight Time for registered attendees.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today its acquisition of a self-storage facility spanning approximately 64,700 net rentable square feet in Colorado Springs, Colorado. The facility comprises 20 single-story buildings with approximately 450 units offering convenient drive-up access, 24-hour video surveillance, and approximately 100 parking spaces. It also features a two-story leasing office with approximately 30 climate-controlled, single-tenant office suites.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully integrated self-storage company, announced today a significant milestone in its sustainability journey with its 50th property, located in Chula Vista, California, now operating under solar power. Since the launch of its Solar Initiative in 2020, SmartStop has been committed to harnessing solar energy to power its operations sustainably. These 50 properties span 12 states, demonstrating SmartStop’s commitment to renewable energy throughout its portfolio.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully integrated self-storage company, announced its inaugural sponsorship of the prestigious Acura Grand Prix of Long Beach taking place April 19-21, 2024 in Long Beach, California. This marks the first time SmartStop has partnered with the renowned racing event, showcasing its commitment to supporting local communities and thrilling sporting experiences.

SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self storage company, announced its overall results for the three months and 12 months ended December 31, 2023.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today that Wayne Johnson, the Company’s Chief Investment Officer and President, will speak at the Self Storage Association’s 2024 Spring Conference and Trade Show. The event is scheduled to occur March 12-14, 2024, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. On Wednesday, March 13, Johnson will participate in the Large Operator Group panel discussion titled “It’s a Tough Market: Creating Opportunities.” The discussion will focus on the challenges that multi-state operators face, such as branding, third-party management, competitive pricing, and strategic selling. The session will take place at 3:00 p.m. Eastern Daylight Time for registered attendees.

SmartStop Self Storage REIT, Inc. (“SmartStop”) announced today that it entered into an amended and restated multi-currency revolving credit facility (the “Credit Facility”) of up to $650 million with a syndicate of banks led by KeyBank National Association, Bank of Montreal, JPMorgan Chase Bank, N.A., M&T Bank, Truist Bank and Wells Fargo Bank, N.A. The facility has an accordion feature permitting expansion of the Credit Facility up to $1.5 billion, subject to certain conditions.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, today announced that on January 15, 2024, its board of directors declared an updated estimated Net Asset Value (“NAV”) per share of $15.25 for its Class A and Class T shares, as of September 30, 2023. SmartStop’s previous estimated NAV per share was $15.21 as of September 30, 2022.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully integrated self-storage company, today announced that James Barry, the Company’s Chief Financial Officer, will participate in a panel presentation at the KeyBanc Capital Markets Self Storage Investor Forum in a panel titled: Private Operators: What's in Store for 2024; Assessing the Current Landscape. The panel will take place on Wednesday, January 10, 2024, in New York City at approximately 10:00 a.m. Eastern Standard Time for registered conference attendees.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully integrated self-storage company, today announced that H. Michael Schwartz, the Company’s Chairman and CEO, will moderate the Capital Markets Panel at the NYSSA Investment Forum. The panel will take place on Tuesday, January 9, 2024, in New York City at approximately 11:00 a.m. Eastern Standard Time for registered conference attendees.

SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self storage company, announced its overall results for the three months and nine months ended September 30, 2023.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today that it has opened an approximately 78,000 square foot storage facility in San Gabriel, California. The newly converted industrial property is a three-story building with approximately 790 units, drive-up access, climate control, and video surveillance.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, today announced that two of its executives will speak at the 9th Annual Evercore ISI Storage Symposium in New York City on Wednesday, October 4, 2023. H. Michael Schwartz, the Company’s Chairman and CEO, will participate on the Acquisitions Panel, which will take place at approximately 3:30 p.m. Eastern Daylight Time, and Joe Robinson, the Company’s Chief Operations Officer, will participate on the Operations Panel at approximately 1:30 p.m. Eastern Daylight Time for registered conference attendees.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today its continued partnership with the Breast Cancer Research Foundation® (BCRF) for the month of October. During Breast Cancer Awareness Month, SmartStop will donate $5 directly to BCRF for every new unit rented. This marks the sixth consecutive year that SmartStop has partnered with the organization to support critical work on breast cancer research. Since 2018, SmartStop has raised over $145,000 in donations from the U.S. and Canada, helping to fund clinical trials, research equipment and personnel.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today that it received the top score among self-storage centers in Newsweek’s America's Best Customer Service 2024. This marks the third time SmartStop has earned the top spot among self-storage providers. SmartStop is the only self-storage company to rank number one multiple times since the survey began six years ago.

SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self storage company, announced its overall results for the three months and six months ended June 30, 2023.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announces its sponsorship of Flight for Hope, a remarkable initiative led by Callum Wallace, advisor at Engel & Völkers Oakville. Flight for Hope will take off on August 1 at noon EST from Burlington Executive Airport in Burlington, ON, Canada. Wallace will embark on a daring round-the-world journey in a small single-engine aircraft to raise awareness and generate substantial contributions for Home Suite Hope and other aligned charities worldwide.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today that H. Michael Schwartz, the Company’s Chairman and CEO, will participate in the Investment Trends panel presentation at the California Self Storage Association’s Annual Self Storage Owners Summit in Newport Beach, California. The panel will take place on July 13, 2023 at approximately 3:30 p.m. Pacific Standard Time for registered conference attendees.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today that its affiliates, Strategic Storage Trust VI, Inc. and Strategic Growth Trust III, Inc. (together “the Managed REITs”), have acquired an eight-facility portfolio in the Greater Toronto Area (GTA) totaling approximately 7,400 units and 758,000 rentable square feet. With the acquisition of these eight facilities, SmartStop now owns or manages 33 operating self-storage properties in Canada, consisting of approximately 3.0 million square feet, making it the fifth largest operator in Canada.

SmartStop Self Storage REIT, Inc. (“SmartStop”), a self-managed and fully-integrated self storage company, announced its overall results for the three months ended March 31, 2023.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self storage company, announced today it has been awarded Reputation’s 800 Award in the home services category for the second consecutive year. This prestigious award recognizes businesses that consistently provide exceptional customer service and maintain a high level of customer satisfaction, as determined by online reviews and ratings.

SmartStop Self Storage REIT, Inc. (“SmartStop”), a self-managed and fully-integrated self storage company, announced its overall results for the three and twelve months ended December 31, 2022.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self storage company, announced today that it has increased its owned and managed Canadian self storage portfolio to 22 locations. The 22nd property in the portfolio is the newly developed facility located in the Town of Aurora in the Greater Toronto Area of Ontario.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully integrated self storage company, today announced that H. Michael Schwartz, the Company’s Chairman and CEO, will participate in a panel presentation at the KeyBanc Capital Markets Self Storage Investor Forum in a panel titled: Private Operators: What's in Store for 2023; Assessing the Current Landscape. The panel will take place on January 5, 2023 at approximately 10:10 a.m. Eastern Standard Time for registered conference attendees.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self storage company, announced today it was named a top corporate solar user in 2022 by the Solar Energy Industries Association (SEIA). SmartStop ranked in the top one percent in the number of solar installations at its owned and managed properties. In addition, SmartStop ranked in the top six percent for solar adoption capacity (in megawatts) among the more than 5,000 businesses surveyed.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully integrated self storage company, today announced that its board of directors has declared an updated estimated Net Asset Value (“NAV”) of $15.21 per share for its Class A and Class T shares, as of September 30, 2022. This was based on an appraisal that provided an estimated net asset value range of $14.15 to $16.38 per share, with a mid-point estimated value of $15.21 per share. SmartStop’s previous estimated NAV per share was $15.08 as of June 30, 2021.

SmartStop Self Storage REIT, Inc. (“SmartStop”), a self-managed and fully-integrated self storage company, announced its overall results for the three and nine months ended September 30, 2022.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self storage company, announced today it received the top ranking among self storage centers in Newsweek’s America's Best Customer Service 2023. This is the second time SmartStop has earned the top spot. In addition, SmartStop’s 2023 ranking is the highest rating of any self storage provider in the five years that Newsweek has been conducting the survey.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self storage company, announced today that Founder, Chairman and CEO, H. Michael Schwartz will deliver the keynote address at the Canadian Self Storage Association's (CSSA) 17th Annual Eastern Canadian Conference on October 13, 2022.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self storage company, announced today its continued partnership with the Breast Cancer Research Foundation® (BCRF) for the month of October. During Breast Cancer Awareness Month, SmartStop will donate $5 directly to BCRF for every new unit rented. This marks the fifth consecutive year that SmartStop has partnered with the organization to support critical work on breast cancer research. Since 2018, SmartStop has raised nearly $100,000 in donations from the U.S. and Canada, equivalent to nearly 2,000 hours of research funded.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self storage company, announced that it was recognized as the top 1-year, 3-year, and 5-year annualized total return performer among Lifecycle REITs in the summer 2022 issue of THE IPA/STANGER MONITOR™. SmartStop’s Class A share achieved a 1-year total return of approximately 51.3%, a 3-year annualized total return of approximately 18.3%, and a 5-year annualized total return of approximately 14.1%.

SmartStop Self Storage REIT, Inc. (“SmartStop”), a self-managed and fully-integrated self storage company, announced its overall results for the three and six months ended June 30, 2022.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully integrated self storage company, today announced the acquisition of a self storage facility in Aurora, Colorado. This represents SmartStop’s 171st owned or managed operating facility in North America.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company, and Strategic Storage Growth Trust II, Inc. ("SSGT II"), a private REIT sponsored by an indirect subsidiary of SmartStop, announced today that the companies have closed their previously announced merger, in which SSGT II will merge into a newly-formed subsidiary of SmartStop (“the Merger”) in a stock-for-stock transaction that values SSGT II’s real estate portfolio at approximately $280 million. The combined companies will have a portfolio of 152 wholly-owned operating properties, representing approximately 11.7 million net rentable square feet and 102,000 units.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company, today announced the acquisition of a self storage facility in the Jacksonville, FL market. This is SmartStop’s 170th owned or managed operating facility in North America.

SmartStop Self Storage REIT, Inc. (“SmartStop”), a self-managed and fully-integrated self storage company, announced its overall results for the three months ended March 31, 2022.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company, today announced the acquisition of a self storage facility in Sacramento, CA. This is SmartStop’s 30th owned or managed location in California and 168th in North America.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), an internally-managed real estate investment trust and a premier owner and operator of self storage facilities in the United States and Canada, today filed a registration statement on Form S-11 with the U.S. Securities and Exchange Commission (the “SEC”) on April 22, 2022, relating to a proposed underwritten public offering in conjunction with the listing of its common stock on a national securities exchange. SmartStop intends to apply to list its common stock on the New York Stock Exchange under the ticker symbol “SMST.”

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company, today announced that it has been assigned an investment grade credit rating from Kroll Bond Rating Agency, Inc. (“KBRA”) of BBB- with a Stable Outlook. In connection with the rating announcement, SmartStop announced that its operating partnership has issued $150 million of 4.530% senior notes due April 2032 (the “Notes”). The Company intends to use the proceeds from the Notes to repay existing secured debt.

SmartStop Self Storage REIT, Inc. (“SmartStop”), a self-managed and fully-integrated self storage company, announced its overall results for the three and twelve months ended December 31, 2021.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company, and Strategic Storage Growth Trust II, Inc. ("SSGT II"), a private REIT sponsored by an indirect subsidiary of SmartStop, announced today that the companies have entered into a definitive agreement to merge in an all-stock transaction, in which SSGT II will merge into a newly-formed subsidiary of SmartStop. The combined company will have a combined portfolio of 150 wholly-owned operating properties, representing approximately 11.5 million net rentable square feet and 100,500 units. 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 REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company, today announced the acquisition of a self storage facility in Algonquin, IL. This is SmartStop’s sixth owned or managed location in the Chicago market and 163rd in North America.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company, today announced that H. Michael Schwartz, the Company’s Chairman and CEO, will participate in a panel presentation at the KeyBanc Capital Markets Self Storage Investor Forum in a panel titled: Private Operators: What's in Store for 2022; Assessing the Current Landscape. The panel will be webcast live on January 6, 2022 at approximately 11:00 am Eastern Time to registered conference attendees. Mr. Schwartz, along with other representatives of the Company, will also be hosting meetings with registered investors at the conference.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company, today announced that H. Michael Schwartz, the Company’s Chairman and CEO, will participate in a panel presentation at the Jefferies Inaugural Real Estate Conference in a panel titled: Self-Storage: Migration, Movement & M&A…Secular Growth or When Will it Slow. The panel will be webcast live on December 15, 2021 at approximately 2:30 pm Eastern Time to registered conference attendees. Mr. Schwartz, along with other representatives of the Company, will also be hosting meetings with registered investors at the conference.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company, today announced the opening of a newly constructed self storage facility in Scarborough, Ontario, Canada in partnership with SmartCentres (TSX: SRU.UN). This is SmartStop’s 19th owned or managed location in the Greater Toronto Area (GTA), and 159th property in North America.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company, announced that it was recognized as the top 3-year and 5-year annualized total return performer among Lifecyle REITs in the fall 2021 issue of THE IPA / STANGER MONITOR. SmartStop’s Class A share achieved a 3-year total return of approximately 18.79% and a 5-year total return of approximately 14.73%, both of which outperformed all non-traded Lifecycle and NAV REIT peers.

SmartStop Self Storage REIT, Inc. (“SmartStop”), a self-managed and fully-integrated self storage company, announced its overall results for the three and nine months ended September 30, 2021.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company, today announced that its board of directors has declared an updated estimated Net Asset Value (“NAV”) per share of $15.08 for its Class A and Class T shares, as of June 30, 2021. SmartStop’s previous estimated NAV per share was $10.40 as of December 31, 2019.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company with approximately $1.8 billion of assets under management, today announced the acquisition of a self storage facility in Lakewood, CO. This is SmartStop’s seventh owned or managed location in the Denver market and 158th in North America.

SmartStop Self Storage REIT, Inc. (“SmartStop”) announced today that it exercised $200 million of its accordion (the “Accordion”) under its existing multi-currency credit facility (the “Credit Facility”) with a syndicate of banks led by KeyBank National Association, Wells Fargo, N.A., Citibank, N.A. and Bank of Montreal. The increased commitment was entirely on the revolving portion of the Credit Facility (the “Revolver”). The Credit Facility now consists of a $450 million Revolver and a $250 million term loan (the “Term Loan”) for a total commitment of $700 million. The Accordion was also amended to permit expansion up to $1.05 billion, subject to certain conditions. The other terms and conditions of the Credit Facility remain unchanged.

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”) today announced that it has partnered with the Breast Cancer Research Foundation (“BCRF”) for the fourth consecutive year to recognize Breast Cancer Awareness Month. For the entire month of October, SmartStop will donate $5 directly to BCRF for every unit rented at its U.S. SmartStop® Self Storage locations and $5 for every rental at its Canadian SmartStop® Self Storage locations to BCRF in Canada. The company will also match up to $10,000 of direct donations (for a total of $20,000 from both donors and SmartStop) when submitted through donate.smartstop.com during the month of October.

SmartStop Self Storage REIT, Inc. ("SmartStop” or the “Company"), a self-managed and fully-integrated self storage company with approximately $1.8 billion of self storage assets under management, today announced the opening of a newly constructed self storage facility in Oshawa, Ontario, Canada in partnership with SmartCentres (TSX: SRU.UN). This is SmartStop’s 18th owned or managed location in the Greater Toronto Area (GTA), and 156th property in North America.

SmartStop Self Storage REIT, Inc. (“SmartStop”), a self-managed and fully-integrated self storage company with approximately $1.8 billion of self storage assets under management, announced its overall results for the three and six months ended June 30, 2021.