SmartStop Self Storage REIT Inc., which operates 150 properties in 19 U.S. states and Toronto, has hired Kevin Friedman as director of acquisitions. He’ll be responsible for underwriting acquisitions for SmartStop and its affiliated companies, and for developing relationships across the industry, according to a press release.
Friedman has more than six years of self-storage experience. Most recently, he served in the same capacity at Metro Storage LLC, where he was responsible for procuring facility and land acquisitions across all U.S. markets. In his tenure at Metro, he was also a senior financial analyst and directly involved in more than $700 million in acquisition and development deals.
Friedman earned a degree from the University of Denver and holds a Certified Commercial Investment Member designation from the CCIM Institute.
“Kevin has a long history of underwriting and acquiring deals in the self-storage space, and will help contribute to the growing SmartStop Self Storage portfolio as we continue to expand,” said Wayne Johnson, president and chief investment officer of SmartStop. “With his experience in a variety of markets, types of acquisitions, development and capital stacks, Kevin will contribute to SmartStop's reputation as an aggressive acquirer of high-quality assets.”
SmartStop is a self-managed real estate investment trust. Through its indirect subsidiary SmartStop REIT Advisors LLC, it sponsors other self-storage programs, including Strategic Storage Trust IV Inc., a public non-traded REIT. It has approximately $1.7 billion of real estate assets under management.
Source:
PR Newswire, SmartStop Self Storage hires Kevin Friedman as Director of Acquisitions
