SmartStop Self Storage REIT, Inc. Stock Price, News & Analysis

Strategic Storage Trust VI (NYSE: SMA) launched a $75 million Series E preferred stock offering for accredited investors, expandable to $100 million, with an 8% annualized cash dividend paid monthly when declared. The preferred stock ranks senior to all common stock, which totaled approximately $260 million as of June 30, 2025. The company’s current portfolio exceeds $500 million. Proceeds are expected to be used to pay down debt and further invest in income-producing and growth-oriented self-storage properties and related real estate investments. The announcement frames the offering as a way to provide retail investors with income and to strengthen SST VI’s capital base.

SmartStop Self Storage REIT (NYSE: SMA) has successfully completed its previously announced transaction with Argus Professional Storage Management (APSM). The combined entity will own or manage over 460 self-storage properties across North America.

BMO Capital Markets Corp. served as SmartStop's exclusive financial advisor for the transaction, while Nelson Mullins Riley & Scarborough LLP and Fennemore Craig, P.C. provided legal counsel to SmartStop and APSM respectively.

SmartStop Self Storage REIT (NYSE: SMA) has announced a strategic combination with Argus Professional Storage Management (APSM), the sixth-largest self-storage third-party management company in the U.S. The merger, expected to close in October 2025, will create a combined entity managing over 460 self-storage properties across North America.

The transaction aims to expand SmartStop's third-party management capabilities while offering three distinct partnership options: SmartStop (traditional branded strategy), SmartStop Legacy (hybrid approach), and Full Private Label (white label solution). The combined platform will leverage SmartStop's technology-driven infrastructure while maintaining APSM's entrepreneurial approach to property management.

SmartStop Self Storage REIT (NYSE: SMA) has successfully closed a CAD$200 million Maple Bond offering through its operating partnership. The Series B Senior Unsecured Notes, due September 24, 2030, carry a 3.888% annual interest rate with semiannual payments starting March 24, 2026.

The Notes received a BBB mid rating with Stable Outlook from Morningstar DBRS. This marks SmartStop's second Canadian bond offering, reflecting its 15+ year presence in the Greater Toronto Area. The proceeds will be used for debt repayment, acquisitions, and general corporate purposes.

SmartStop Self Storage REIT (NYSE: SMA) has announced the pricing of a CAD $200 million Maple Bond offering through its operating partnership. The series B senior unsecured notes, due September 24, 2030, will bear an interest rate of 3.888% per annum, paid semi-annually starting March 24, 2026.

The Notes, rated BBB (Stable) by Morningstar DBRS, will be offered exclusively to Canadian residents through a private placement. The proceeds will be used to repay debt, fund acquisitions, and for general corporate purposes. The offering is expected to close on September 24, 2025.

SmartStop Self Storage REIT (NYSE: SMA), a leading self-storage facility operator in the US and Canada, has announced its inclusion in the prestigious MSCI US REIT Index (RMZ), effective August 26, 2025.

The addition to this widely recognized benchmark index marks a significant milestone for SmartStop, potentially enhancing its visibility among institutional investors and the REIT-dedicated investment community. Chairman and CEO H. Michael Schwartz highlighted the opportunity to expand their shareholder base through this inclusion.

SmartStop Self Storage REIT (NYSE: SMA) has announced the acquisition of a Class A self-storage facility in Rahway, New Jersey, expanding its presence in the New York Metropolitan Statistical Area (MSA). The facility features 53,450 net rentable square feet with approximately 550 climate-controlled storage units and 11 RV parking units.

Located just 20 miles from Manhattan and five miles from Staten Island, the property benefits from high visibility along NJ TRANSIT's Northeast Corridor and North Jersey Coast Line railways, which service nearly 100,000 average weekday passengers. The area shows promising growth potential with a projected five-year population growth of 2.4%.

SmartStop Self Storage REIT (NYSE: SMA) has announced the acquisition of five institutional-quality self-storage facilities in Alberta, Canada. The newly acquired portfolio adds approximately 330,000 net rentable square feet and 2,770 storage units across Edmonton, Sherwood Park, Red Deer County, Canmore, and Cochrane.

The facilities offer a diverse mix of interior climate-controlled, heated, and exterior drive-up storage options. This strategic expansion brings SmartStop's Canadian portfolio to 49 operating assets, strengthening its presence in Western Canada's growing market.

Strategic Storage Growth Trust III (NYSE:SMA) reported significant growth in Q2 2025, highlighted by strategic acquisitions and portfolio expansion. The company acquired two premier self-storage facilities - one in Houston, Texas for $28.5 million (880 units, 98,900 sq ft) and another in Vancouver, BC for CAD $36.3 million (800 units, 52,400 sq ft).

Revenue increased by 139% to $3.1 million year-over-year, driven by the acquisition of 13 properties over the past 12 months. The company also entered a joint venture to acquire land in New Westminster, BC, planning to develop a 99,275 sq ft facility with 1,170 units.

SSGT III secured multiple financing arrangements, including a $25 million Delayed Draw Mezzanine Loan, an $18.5 million Aegon Loan for the Houston property, and a $25 million Vancouver Bridge Loan. The company also successfully extended its Bank of Montreal Toronto Loan to June 2028.