Strategic Storage Trust VI Q1 revenue up 11.1%, same-store NOI +13.6%, refinances Canadian debt at lower rates

Strategic Storage Trust VI, Inc.

Total revenues $7.3M, up 11.1% YoY; same-store revenue +6.8%, same-store NOI +13.6%.
Same-store occupancy rose 2.1pp to 92.0%; annualized rent per sq ft $17.01 (+3.7%).
Refinanced CAD $64M loan with National Bank of Canada at 5.58% all-in (down ~100 bps).
Refinanced CAD $164.5M loan with QuadReal Finance at 5.59% fixed (down ~170 bps).
Secured CAD $16M credit facility with Meridian for Etobicoke development.

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