{"id":4973,"date":"2016-01-29T09:30:57","date_gmt":"2016-01-29T14:30:57","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&#038;p=4973"},"modified":"2016-02-01T18:57:35","modified_gmt":"2016-02-01T23:57:35","slug":"self-storage-reit-strategic-storage-trust-ii-amends-credit-facility-with-keybank","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/self-storage-reit-strategic-storage-trust-ii-amends-credit-facility-with-keybank\/","title":{"rendered":"Self-Storage REIT Strategic Storage Trust II Amends Credit Facility with KeyBank"},"content":{"rendered":"<p>January 27, 2016 | ISS<\/p>\n<p>Strategic Storage Trust II Inc. (SST II), a self-storage real estate investment trust (REIT) sponsored by SmartStop Asset Management LLC, has amended a revolving line of credit with KeyBank. The amended credit facility has a maximum borrowing capacity of $105 million that may be increased up to $500 million, according to a press release. The REIT intends to use the financial flexibility to fund expansion.<\/p>\n<div id=\"articleSideBar\">\u00a0\u201cWe are excited to complete this amendment to our credit facility, as it allows us greater flexibility to execute on our growth strategy,\u201d said H. Michael Schwartz, chairman and CEO of SST II. \u201cThis is an extension of our long-term relationship with KeyBank and will allow us to acquire prime self storage properties throughout the United States and Toronto, Canada.\u201d<\/div>\n<div><\/div>\n<div><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-ico-before dashicons-text\" style=\"background-color: #33809e; color: #ffffff;\" href=\"http:\/\/www.insideselfstorage.com\/news\/2016\/01\/self-storage-reit-strategic-storage-trust-ii-amends-credit-facility-with-keybank.aspx\" data-fasc-style=\"background-color:#33809e;color:#ffffff;\">Full Article Located Here<\/a><\/div>\n<div><\/div>\n<div style=\"clear:both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>January 27, 2016 | ISS Strategic Storage Trust II Inc. (SST II), a self-storage real estate investment trust (REIT) sponsored by SmartStop Asset Management LLC, has amended a revolving line &hellip; <\/p>\n<p><a href=\"https:\/\/qa.bluevaultpartners.com\/self-storage-reit-strategic-storage-trust-ii-amends-credit-facility-with-keybank\/\" class=\"read-more\">Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":5034,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010,2739],"tags":[],"class_list":["post-4973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-manager-news","category-nontraded-reit"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Self-Storage REIT Strategic Storage Trust II Amends Credit Facility with KeyBank - Blue Vault<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/self-storage-reit-strategic-storage-trust-ii-amends-credit-facility-with-keybank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Self-Storage REIT Strategic Storage Trust II Amends Credit Facility with KeyBank - Blue Vault\" \/>\n<meta property=\"og:description\" content=\"January 27, 2016 | ISS Strategic Storage Trust II Inc. 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