LADERA RANCH, Calif., Sept. 26, 2018 /PRNewswire/ -- SmartStop Asset Management, LLC (SmartStop) announced today that the firm has been named a top-operator by Inside Self-Storage, ranking 9th in the publication's Top-Operators List 2018 within the facility owners category.
"We are pleased to be recognized as one of the leading players in the self storage industry," said H. Michael Schwartz, founder, chairman and CEO. "This recognition not only proves SmartStop's in-depth knowledge of the self storage space and its leading presence in a highly fragmented marketplace, but also the company's ability to remain competitive in the fast-growing self storage industry."
In 2017, Inside Self-Storage ranked SmartStop as the 12th top facility owner in the nation. Moving up three positions to 9th on this year's list reflects the company's expansive growth over the past 12 months. The companies are ranked by total square footage.
SmartStop is the sponsor of three public non-traded real estate investment trusts focused on self storage – Strategic Storage Growth Trust, Inc., Strategic Storage Trust II, Inc. and Strategic Storage Trust IV, Inc.
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 $1.6 billion of real estate assets under management, including 118 self storage facilities located throughout the United States and Toronto, Canada, comprised of approximately 75,000 units and 8.6 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 640 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