SmartStop Self Storage REIT, Inc.

SmartStop Self Storage REIT, Inc. furnished an investor presentation highlighting strong Q2 2026 momentum and progress on its multi-pronged 'Deca Initiative' growth strategy. The company reported significant year-over-year growth in FFOa/Share and Same-Store NOI, alongside improved operating margins. SmartStop emphasized its high-quality, diversified portfolio, differentiated Canadian exposure, and capital-light scaling through its Managed REIT and Third-Party Management platforms, which now include 460 properties. The presentation also detailed a conservative capital structure with investment-grade ratings and a new bridge lending joint venture.

SmartStop Self Storage REIT, Inc. reported strong second quarter 2026 results, with FFO, as adjusted per share, increasing 17.6% year-over-year to $0.49. Net income attributable to common stockholders rose to $11.2 million, and same-store net operating income grew by 3.7%. The company also announced the acquisition of three self-storage facilities for $29.7 million and increased its 2026 same-store NOI and FFOa per share guidance.

SmartStop Self Storage REIT, Inc. announced 'The Deca Initiative,' a new strategic plan aimed at growing the company to $10 billion in total capitalization. This initiative is built on six integrated pillars, including disciplined capital allocation, operational clustering, technology and AI, third-party management, a managed REIT platform, and an acquisitions joint venture. The company highlighted significant achievements since its April 2025 IPO, such as raising $931.5 million, securing investment-grade credit ratings, and deploying nearly $500 million in acquisitions.

SmartStop Self Storage REIT, Inc. announced that its Board of Directors declared a dividend for July 2026. This dividend reflects a targeted annualized rate of $1.60 per share. The monthly dividend amount is $0.13589041 per share, with a record date of July 31, 2026, and a payment date of August 14, 2026.

SmartStop Self Storage REIT, Inc. held its 2026 Annual Meeting of Stockholders, where six directors were elected, executive compensation was approved on an advisory basis, and BDO USA, P.C. was ratified as the independent auditor. The company also filed Articles Supplementary to reclassify 31,250,000 Class A and 2,500,000 Class T authorized but unissued shares into undesignated common stock, without increasing the total authorized shares.

SmartStop Self Storage REIT, Inc. provided key operational metrics for its same-store facilities as of May 31, 2026, compared to the prior year. Physical occupancy, monthly web rates, and monthly move-in rates all saw slight declines. However, monthly in-place rates experienced a modest increase.

SmartStop Self Storage REIT, Inc. announced that its Board of Directors declared a dividend for June 2026. This dividend reflects a targeted annualized payout of $1.60 per share. Stockholders of record as of June 30, 2026, will receive $0.13150685 per common share, payable on July 15, 2026.

SmartStop Self Storage REIT, Inc. provided key operational metrics for its same-store facilities for March and April 2026. Physical occupancy slightly decreased year-over-year, reaching 92.6% in April 2026 compared to 93.0% in April 2025. Monthly web rates and move-in rates also saw declines, while monthly in-place rates increased to $1.65 for both March and April 2026, up from $1.62 in the prior year.

SmartStop Self Storage REIT, Inc. reported a significant turnaround in its first quarter 2026 financial results, achieving net income attributable to common stockholders of $9.58 million, compared to a loss of $8.41 million in the prior year. Basic EPS improved to $0.17 from a loss of $0.35. Total revenues increased to $78.31 million, driven by growth in both self storage rental and Managed Platform revenues. The company also announced an At-The-Market (ATM) Agreement to potentially sell up to $300 million in common stock.

SmartStop Self Storage REIT, Inc. reported strong financial results for the first quarter ended March 31, 2026. The company saw a significant increase in net income attributable to common stockholders, rising by $18.0 million to $9.6 million, and FFO, as adjusted, grew by 19.3% to $28.8 million. Same-store revenues increased by 1.5% and same-store net operating income (NOI) grew by 2.0%, driven by effective expense control. Additionally, SmartStop secured a new $500 million senior unsecured credit facility and updated its full-year 2026 FFO, as adjusted per share guidance to $1.94 - $2.04.