Smartstop Self Storage Reit, Inc. · NYSE:SMA
Smartstop Self Storage Reit — Strategic Storage Trust II — Investor Presentation (May 2017)
16 slides from Smartstop Self Storage Reit's investor presentation, May 31, 2017
Slide 1: First Quarter Update Investor Presentation
Exhibit 99.1 STABILIZED INCOME PRODUCING SELF STORAGE PROPERTIES First Quarter Update Presented by: H. Michael Schwartz– Chairman & CEO Investor Presentation
Slide 2: Disclaimer
Disclaimer This Act “believe,” plans uncertainties the in including any to of your for real operations, dealer such broker-dealers agreement fail Investor general Strategic pay our our Securities to of source estate investor shares. conflicts or qualify common manager. distributions 1934, shares pre
Slide 3: Additional Information Regarding NOI, FFO and MFFO
Additional estate believes FFO approved gains unconsolidated convention in However, presentations disregard will revenues, analyzed estimated account the impairment accounting Nevertheless, of general should method than measures real operating amount Investor value its fact estate only the isperform
Slide 4: Additional Information Regarding NOI, FFO and MFFO
Additional The make unique offering, national generally any Association, and MFFO the it acquired. in not properties defines (the income premiums or consolidated investments, adjustments SST related IPA’s of from Investor iscomparing losses proceeds capacity ultimately as liquidity which presenting
Slide 5: Additional Information Regarding NOI, FFO and MFFO
Additional considered GAAP. In portion available value of registered, measure targeted and operating but may investors (loss) to performance. acquisition the its from expenses. operation not Investor present fund the derivatives calculation future, can be are other reflect operations properties and
Slide 6: Strategic Storage Trust II: Strong Portfolio, Greater Demographics
Strategic Greater Portfolio Strong Investor Management Institutional Demographics Market Than Presentation Storage Occupancy 75%Trust6 II, Inc.
Slide 7: Strong Management, Increasing Occupancy
Strategic Greater Strong Increasing •Unable Make SmartStop® Investor Targeting Potentially Existing Management aPhysical to Difference! Than Presentation Storage Boost Management Future Facilities Under Self 75% and Occupancy Occupancy Trust Storage Cash Portfolio Marketing Occupied with 7 II, Flows
Slide 8: Strong Market Demographics and Metrics
Strategic Strong •Surrounding $65k Approximately Portfolio # Number Climate Projected Asking Median Population Self Public Extra CubeSmart Life NSA SST * Investor Achieved Average Concentrated Average of Facilities PerStorage II$53,283 -Evercore Space Storage $80K $57,494 Market Rent Income Controll
Slide 9: Institutional SmartStop Management Platform
Strategic •Institutional SmartStop® Management Investor Economies Expense Institutional Presentation Storage Efficiencies Management Self ofHiring, Marketing Scale Trust Storage 9Training II,Platform –Inc. Pickering, and Canada
Slide 10: Current Portfolio
Current $840 Since Canada approximately *Based 51,330 Units 6,029,600 NRSF 91%.** **Occupancy Investor Million theon (Greater Portfolio Presentation launch purchase Portfolio* number 51,330 Toronto of asSST of price. 10 storage as 5/23/2017 IIof Area). in3/31/17 2014, units. Thethe The portfolio REI
Slide 11: Balance Sheet and Distributions
Balance Loan March * SSTII Distributions(1) (equivalent of servicing (1) funds discretion Investor Based record. Weto available pays 31, have Value on Sheet Presentation fee The of 2017 acquisition atopaid our equal distribution $0.60 (LTV) Tfor =share board and 47%* acquisitions toper 11 may an dis
Slide 12: Financial Update: First Quarter 2017 Performance
Financial Same-Store First Revenues Net 2017 Percentage •38.3% *See 130% Investor Average Annualized Property Number Modified MFFO Operating Quarter Additional 2016 46.1% Presentation Increase Update Physical of 15.6% Operating FFO* of Performance Facilities 2017 Rent Revenue Income* Information $2,
Slide 13: Financial Update: Net Asset Value Per Share
Financial •SST for determine, NAV Low Per Investor Asset-by-Asset Independent, Engaged In See aShare accordance II Mid description VALUE our Net Presentation Current Update High Value Duff and Asset =3rd-party the with & $10.22 $9.84 of valuation Value Report Phelps limitations the IPA 13 $10.22 met
Slide 14: First Quarter Acquisitions in Canada
FirstUnits Aurora, 400 53,400 96.1% 610 66,500 19.7% 760 80,700 70.0% 770 90,600 91.1% 1,070 122,700 92.0% Toronto, 800 99,900 90.2% *Occupancy Investor Quarter Units Occ* NRSF CO NRSF Presentation CAN as Acquisitions of 3/31/2017 14
Slide 15: Publicly Traded and Non-Traded Self Storage Companies
Publicly NYSE: Public Investor Non-Traded PSA Presentation Traded NYSE: SelfSelf LSI Storage 15 Storage NYSE: Companies REITs UHAL NYSE: EXR NYSE: CUBE NYSE: JCAP NYSE: NSA
Slide 16: Questions?
QUESTIONS?
Strategic Storage Trust II — Investor Presentation (May 2017) on 6ix