earnings
confidence high
sentiment neutral
materiality 0.60
SST VI Q1 2026: rev $7.8M (+6.5%), net loss up $1.9M (+18.7%)
Strategic Storage Trust VI, Inc.
- Total revenues $7.8M, +6.5% YoY; same-store revenues +4.2%.
- Net loss attributable to common stockholders increased ~$1.9M (18.7%) vs prior year, driven by FX and unconsolidated venture investments.
- Same-store NOI +2.0%; average physical occupancy 90.3% (-1.5% YoY); annualized rent per sq ft $17.81 (+5.8%).
- Commenced operations at Etobicoke, ON development (980 units, 90,300 sq ft) in Feb 2026; 3% occupied at quarter end.
- Board declared daily distribution of ~$0.001698/share per day for Q2 2026, unchanged from prior quarter.
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