SmartStop Self Storage REIT, Inc. ( (SMA) ) has released its Q3 earnings. Here is a breakdown of the information SmartStop Self Storage REIT, Inc. presented to its investors.
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SmartStop Self Storage REIT, Inc., a self-managed and fully-integrated self-storage company, operates in the real estate investment trust sector, focusing on self-storage facilities across North America. In its latest earnings report for the third quarter of 2025, SmartStop highlighted significant achievements, including a CAD $200 million Maple Bond offering and strategic acquisitions, such as the purchase of Argus Professional Storage Management, which expands its footprint into third-party management. The company reported a net income of $5.2 million for the quarter, marking a substantial increase from the previous year, alongside a rise in total self-storage-related revenues to $64.6 million. Despite challenges in the storage market, SmartStop maintained a strong average occupancy rate of 92.6% and achieved sector-leading revenue growth. Looking ahead, SmartStop’s management remains optimistic about leveraging its recent accomplishments to capitalize on the stabilizing self-storage market and drive future growth.