Storage Star Expands with Three New Neighborhood Storage Locations in Chicago, Illinois

Storage Star, a national self-storage operator known for modern facilities and a service-driven approach, has expanded into the Midwest with three new locations in Chicago, serving residents and businesses across the city. “Chicago is a dynamic market with a lot of residential movement and small business activity, so storage isn’t just convenient—it’s often necessary,” said Matt Garibaldi, CEO of Storage Star. “We’re proud to bring Storage Star’s convenient solutions and an elevated level of service to residents and businesses throughout the city.” The new locations are positioned along key corridors…

SmartStop Self Storage and AXCS Capital Form Strategic Joint Venture to Provide Bridge Debt and Preferred Equity Capital Across the Self-Storage Sector

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, and AXCS Capital (“AXCS”), a Los Angeles-based commercial real estate investment management firm, announced the formation of a real estate credit joint venture (the “Venture”) targeting bridge debt and preferred equity investments across the self-storage sector in the United States. The Venture will deploy capital across the full spectrum of structured capital solutions, including senior loans, mezzanine financing, preferred equity,…