---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-406164"
form_type: "8-K"
ticker: "SMA"
cik: "0001585389"
company_name: "SmartStop Self Storage REIT, Inc."
filed_at: "2026-09-29T13:23:58+00:00"
generated_at: "2026-10-12T13:44:47.504145+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# SmartStop announces ~$140M North American investments, raises 2026 same-store and FFO guidance

## Summary
- Agreed to invest ~CAD $74M (~USD $54M) in Strategic Storage Canada JV for 50% GP and ~34% LP interest in 14 properties; expects Q4 2026 close.
- Acquiring two stabilized U.S. properties in Las Vegas, NV and Asheville, NC for ~$37M, adding >186,000 net rentable sq ft and ~1,600 units.
- Programmatic JV with AXCS Capital closed $13.2M preferred investment; expects five more preferred/mezzanine investments of $35-$40M by Q4 2026 with mid-teens yields.
- Priced ~2.4M shares via ATM at average $32.01 for up to ~$78M gross; CAD $200M Maple Bond closed Aug. 18, 2026 at 4.317%, maturing 2031.
- Raises 2026 FFO, as adjusted, per share to $1.99-$2.05 and same-store NOI growth to 1.15%-2.15%; investments expected accretive $0.05-$0.06 to 2027 FFO.

## SEC filing metadata
- accession: 0001193125-26-406164
- form_type: 8-K
- ticker: SMA
- cik: 0001585389
- company_name: SmartStop Self Storage REIT, Inc.
- filed_at: 2026-09-29T13:23:58+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1585389/000119312526406164/0001193125-26-406164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1585389/000119312526406164/ck0001585389-20260929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-406164
- JSON: https://secwatch.observer/filing/0001193125-26-406164.json
- Plain text: https://secwatch.observer/filing/0001193125-26-406164.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.