Strategic Storage Trust VI refinances CAD $64M loans on 4 Canadian properties, reduces rate by ~100 bps

Strategic Storage Trust VI, Inc.

CAD $64M secured loan from National Bank of Canada; initial term 3 years to Jan 2028.
Funds used to repay existing loans maturing in 2025; overall interest rate ~5.58% after swap.
Properties: 3 in GTA, 1 in Edmonton; occupancy rose from 57% at acquisition to 87% as of Dec 31, 2024.
Loan amortizes over 25 years; company serves as full recourse guarantor.

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