dailynewsnblog
STRATEGIC STORAGE TRUST VI, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
March 31,
2026 (Unaudited)
December 31,
2025
ASSETS
Real estate facilities:
Land
$
111,490,555
$
112,763,319
Buildings
395,763,757
385,675,015
Site improvements
14,162,648
14,075,173
521,416,960
512,513,507
Accumulated depreciation
(43,998,337
)
(41,047,473
)
477,418,623
471,466,034
Construction in process
8,643,757
20,888,613
Real estate facilities, net
486,062,380
492,354,647
Cash and cash equivalents
8,346,417
8,801,019
Restricted cash
1,196,951
1,117,142
Investments in unconsolidated real estate ventures
17,552,404
24,512,945
Other assets, net
10,837,538
7,655,431
Total assets
$
523,995,690
$
534,441,184
LIABILITIES, TEMPORARY EQUITY AND EQUITY
Debt, net
$
290,190,706
$
292,908,254
Accounts payable and accrued liabilities
11,140,731
9,610,514
Distributions payable
5,143,474
4,679,935
Due to affiliates
9,434,156
4,674,857
Total liabilities
315,909,067
311,873,560
Commitments and contingencies
Redeemable common stock
14,621,370
13,063,224
Series B Convertible Preferred Stock, net $0.001 par value; 150,000 shares authorized; 150,000 issued and outstanding at March 31, 2026 and December 31, 2025, with aggregate liquidation preferences of $153,088,356 and $153,156,986 at March 31, 2026 and December 31, 2025, respectively
148,599,723
148,599,723
Series D Preferred units in our Operating Partnership, net $0.001 par value; 1,400,000 units authorized; 1,400,000 issued and outstanding at March 31, 2026 and December 31, 2025, with aggregate liquidation preferences of $35,695,167 and $35,170,167 at March 31, 2026 and December 31, 2025, respectively
34,626,688
34,626,688
Series E Redeemable 8% Preferred Stock, $0.001 par value; 10,000,000 shares authorized; none issued and outstanding at March 31, 2026 and December 31, 2025
—
—
Equity:
Strategic Storage Trust VI, Inc.:
Preferred Stock, $0.001 par value; 200,000,000 shares authorized; none issued and outstanding at March 31, 2026 and December 31, 2025
—
—
Class P Common stock, $0.001 par value; 30,000,000 shares authorized; 11,506,323 and 11,457,294 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively
11,506
11,457
Class A Common stock, $0.001 par value; 230,000,000 shares authorized; 3,273,726 and 3,252,608 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively
3,274
3,253
Class T Common stock, $0.001 par value; 100,000,000 shares authorized; 5,475,436 and 5,446,198 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively
5,475
5,446
Class W Common stock, $0.001 par value; 70,000,000 shares authorized; 725,625 and 720,067 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively
726
720
Class Y Common stock, $0.001 par value; 200,000,000 shares authorized; 5,497,253 and 5,459,946 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively
5,497
5,460
Class Z Common stock, $0.001 par value; 70,000,000 shares authorized; 579,447 and 576,712 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively
580
577
Additional paid-in capital
222,021,300
222,010,592
Distributions
(51,356,087
)
(47,498,935
)
Accumulated deficit
(160,039,617
)
(147,963,237
)
Accumulated other comprehensive loss
(4,624,889
)
(4,762,249
)
Total Strategic Storage Trust VI, Inc. equity
6,027,765
21,813,084
Noncontrolling interests in our Operating Partnership
(865,488
)
(611,660
)
Noncontrolling Series C Subordinated Units in our Operating Partnership
5,076,565
5,076,565
Total noncontrolling interest
4,211,077
4,464,905
Total equity
10,238,842
26,277,989
Total liabilities, temporary equity and equity
$
523,995,690
$
534,441,184
