Blue Door AM I Announces Launch of Leveraged $28.4 Million DST Offering

Blue Door AM I Announces Launch of Leveraged $28.4 Million DST Offering

LADERA RANCH, Calif. -- Blue Door AM I, LLC, an indirect subsidiary of Strategic Storage Growth Trust III, Inc. (“SSGT III”), and an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), is pleased to announce the launch of Blue Door Property III, DST (“Blue Door III”), a leveraged and diversified Delaware Statutory Trust (DST) investment program.

SmartStop (NYSE: SMA) unveils Blue Door III DST with $28.4M raise, 46% LTV

Blue Door AM I rolls out Blue Door Property III DST, targeting $28.4M equity with $24.2M non-recourse debt across 3 self-storage sites in FL, TX and AZ.