Smartstop Self Storage Reit IncOOTC SSST Stock Report

SmartStop Self Storage REIT, Inc. engages in the business of investing in self-storage facilities. The company is headquartered in Ladera Ranch, California and currently employs 450 full-time employees. The company went IPO on 2020-10-27. The Company’s segments include self-storage operations and Managed REIT Platform business. The firm is focused on the ownership, operation, and acquisition of self-storage properties. Its primary investment objectives are to invest in real property in a manner that allows it to qualify as a REIT for federal income tax purposes; provide regular cash distributions to its stockholders; preserve and protect its stockholders’ invested capital; achieve appreciation in the value of its properties over the long term and grow net cash flow from operations in order to provide sustainable cash distributions to its stockholders over the long-term. The company owns approximately 170 self-storage facilities located in 22 states, including Alabama, Arizona, California, Colorado, Florida, Illinois, Indiana, Maryland, Massachusetts, Michigan, New Jersey, Nevada, North Carolina, Ohio, South Carolina, Texas, Virginia, and Washington.