Don’t miss SmartStop Founder and Executive Chairman, Michael Schwartz as he joins South Coast to discuss the current state of the self-storage industry and the future of SmartStop.
Mr. Schwartz will cover recent transactions in the space including the merger of Strategic Storage Trust IV Inc. with SmartStop Self Storage Inc. The combined companies have approximately $1.7 billion of real estate assets under management with a consolidated portfolio consisting of 136 wholly-owned properties and six joint venture properties in the US and Canada, making SmartStop the 9th largest self-storage company in the US.
Mr. Schwartz will discuss the relationship with Extra Space, the 2nd largest self-storage company in the US. Not only did Extra Space purchase the original Strategic Storage Trust in one of the most successful transactions in non-traded REIT history, the company currently has $200m invested in SmartStop Self Storage Inc.
Mr. Schwartz will also be providing insight into future investment opportunities. Strategic Storage Trust VI Inc., his sixth venture into self-storage, recently launched as a private placement offering to raise up to $220 million from accredited investors.
Click below to RSVP for this virtual meeting. Visit the South Coast Marketplace to view this offering. Contact the South Coast office to request a prospectus.