June 24, 2023
California Self Storage Operator Vaults to Fifth Largest Player in Canada
California-based SmartStop Self Storage REIT is expanding in Canada's largest city, adding eight facilities in the greater Toronto area for $CA300 million...

California Self Storage Operator Vaults to Fifth Largest Player in Canada

June 20, 2023 | Garry Marr | CoStar News

California-based SmartStop Self Storage REIT is expanding in Canada’s largest city, adding eight facilities in the greater Toronto area for $CA300 million.

The company said its affiliates, Strategic Storage Trust VI Inc. and Strategic Growth Trust III Inc., acquired the eight-facility portfolio with 7,400 units and 758,000 rentable square feet. With the acquisition, SmartStop now owns or manages 33 operating self-storage properties in Canada with 3 million square feet, making it the fifth largest operator in Canada…

≡Continue Reading 

Recent

ExchangeRight Details 721 Structure of Dow Campus Acquisition

ExchangeRight Details 721 Structure of Dow Campus Acquisition

ExchangeRight’s Essential Income REIT acquired the Dow Texas Innovation Center through a 721 exchange with Brixton Capital. The transaction highlights how property contributions, financing, and operating partnership units shape acquisition economics.
Ares Capital Agrees to Acquire MidCap Financial Investment

Ares Capital Agrees to Acquire MidCap Financial Investment

Ares Capital agreed to acquire MidCap Financial Investment in a transaction with approximately $2.6 billion in enterprise value. Closing is expected in the first half of 2027, subject to approvals and other conditions.

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Sing Up For Emails