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Self-Storage Operator SmartStop Getting into Multifamily

Strategic Student & Senior Housing paid $47.5 million for The Domain at Tallahassee.SmartStop Asset Management, a sponsor and operator of self-storage facilities, is expanding into properties housing the young and old. The Ladera Ranch, CA-based firm is launching a public offering of new non-traded REIT called Strategic Student & Senior Housing Trust and filed an offering of $1 billion of its common stock. The new offering follows a $75.6 million…

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