Business
Blue Door AM I Announces Launch of Leveraged $28.4 Million DST Offering
LADERA RANCH, Calif., December 03, 2025--Blue Door AM I Announces Launch of Leveraged $28.4 Million DST Offering
About this update from Smartstop Self Storage Reit, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":352,"url":"https://media.zenfs.com/en/business-wire.com/56efea612d82666e2720c7b163a3c369"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pAk15YO_JA.UIsx1LqI0Bw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTcwNDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/56efea612d82666e2720c7b163a3c369","width":480,"height":352}},"lazy":false},{"type":"text","content":"LADERA RANCH, Calif., December 03, 2025--(BUSINESS WIRE)--Blue Door AM I, LLC, an indirect subsidiary of Strategic Storage Growth Trust III, Inc. ("SSGT III"), and an affiliate of SmartStop Self Storage REIT, Inc. ("SmartStop") (NYSE: SMA), is pleased to announce the launch of Blue Door Property III, DST ("Blue Door III"), a leveraged and diversified Delaware Statutory Trust (DST) investment program.","length":433,"tagName":"p"},{"type":"text","content":"The program seeks to raise approximately $28.4 million in equity. The portfolio is currently financed with approximately $24.2 million of non-recourse debt, representing an estimated 46% loan-to-value (LTV) ratio. This offering will allow investors to access a historically resilient real estate asset class and defer taxes while reinvesting in professionally managed self-storage properties.","length":392,"tagName":"p"},{"type":"text","content":"Blue Door III offers accredited investors the opportunity to participate in the self-storage sector through a portfolio of three institutional-quality properties located in Orlando, Florida, Dallas, Texas and Phoenix, Arizona. The Orlando property consists of approximately 550 units and 65,700 net rentable square feet, the Dallas location features approximately 670 units and 74,100 net rentable square feet, and the Phoenix property includes approximately 710 units and 82,400 net rentable square feet.","length":505,"tagName":"p"},{"type":"text","content":"About Strategic Storage Growth Trust III, Inc. (SSGT III):","length":58,"tagName":"p"},{"type":"text","content":"Strategic Storage Growth Trust III, Inc. ("SSGT III") is a Maryland corporation that elected to qualify as a REIT for federal income tax purposes. SSGT III’s primary investment strategy is to invest in growth-oriented self-storage facilities a...