SmartStop Asset Management's YOUnion Student Living® Brand Debuts at Four Student Housing Communities

LADERA RANCH, Calif., Nov. 29, 2018 /PRNewswire/ -- SmartStop Asset Management, LLC (SmartStop), announced today that the company has rebranded its four remaining student housing communities within its portfolio of assets under management to its premium student living brand, YOUnion Student Living®.

The newly rebranded YOUnion properties include:

• YOUnion @ Columbia, a 400-unit, 760-bed student housing community located three blocks from the University of South Carolina campus.
• YOUnion @ Ann Arbor, a 97-unit, 345-bed student housing community located three blocks from the University of Michigan.
• YOUnion @ Fayetteville a 198-unit, 592-bed student housing community located three blocks from the University of Arkansas.
• YOUnion @ Tallahassee, a 125-unit, 434-bed student housing property located one block from the Florida State University campus.

YOUnion @ Reno, a 186-unit, 709-bed student housing property located two blocks from the University of Nevada, Reno campus, was rebranded in May 2018.

The properties are all located within walking distance of Tier 1 university campuses and were completely rebranded, refreshed and enhanced with high-tech amenities during the fall of 2018.

"SmartStop believes in the power of brand-based real estate investing and we are very pleased to announce the rebrand of these four communities to our YOUnion brand," said H. Michael Schwartz, chief executive officer. "We believe that once the rebrand is fully complete, the strength of these properties as a YOUnion community will enhance the resident experience, their operations and overall investment."

Drawing on the success of the first YOUnion property near the University of Nevada, Reno, all YOUnion properties are fully furnished and equipped with amenities like high-speed Wi-Fi, business centers, state-of-the-art fitness centers, relaxation areas, study areas with powered furniture, substantial bed-bath parity and more.

"Every YOUnion property is designed to provide students with comfortable and convenient living areas that foster growth, education, connectivity and an overall blueprint to reach their potential," said John Strockis, chief investment officer. "The properties are all within walking distance of campus, include quality amenities such as plug-and-play study spaces to increase productivity and group connection, as well as private, high-quality living quarters."

The YOUnion brand focuses on creating modern student living environments, combining the comforts of home with state-of-the-art amenities. Each community is specifically designed to foster a strong sense of community so that students can be successful and productive during their college experience.

About SmartStop Asset Management, LLC (SmartStop)
SmartStop is a diversified real estate company focused on self storage, student housing and senior housing assets. The company has approximately $1.7 billion of real estate assets under management, including 126 self storage facilities located throughout the United States and Toronto, Canada, comprised of approximately 80,000 units and 9.3 million rentable square feet. SmartStop's real estate portfolio also includes five student housing communities with approximately 2,800 beds and 1.1 million square feet of space, as well as four senior housing communities with approximately 650 beds and 500,000 rentable square feet of space. SmartStop is the sponsor of four public non-traded REITs: Strategic Storage Trust IV, Inc., Strategic Storage Trust II, Inc., and Strategic Storage Growth Trust, Inc., all focused on self storage assets, and Strategic Student & Senior Housing Trust, Inc., focused on student and senior housing assets. SmartStop is also a national sponsor of Section 1031 exchange offerings using the Delaware statutory trust structure. Additional information regarding SmartStop is available at www.SAM.com and more information regarding SmartStop® Self Storage in the United States and Canada is available at www.smartstopselfstorage.com.

SOURCE SmartStop Asset Management, LLC

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