dailynewsnblog
STRATEGIC STORAGE TRUST VI, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
June 30,
2026 (Unaudited)
December 31,
2025
ASSETS
Real estate facilities:
Land
$
109,924,077
$
112,763,319
Buildings
393,165,839
385,675,015
Site improvements
14,110,426
14,075,173
517,200,342
512,513,507
Accumulated depreciation
(46,905,500
)
(41,047,473
)
470,294,842
471,466,034
Construction in process
9,680,332
20,888,613
Real estate facilities, net
479,975,174
492,354,647
Cash and cash equivalents
6,064,283
8,801,019
Restricted cash
1,172,518
1,117,142
Investments in unconsolidated real estate ventures
16,675,456
24,512,945
Other assets, net
9,934,639
7,655,431
Total assets
$
513,822,070
$
534,441,184
LIABILITIES, TEMPORARY EQUITY AND EQUITY (DEFICIT)
Debt, net
$
291,714,583
$
292,908,254
Accounts payable and accrued liabilities
9,790,466
9,610,514
Distributions payable
5,685,794
4,679,935
Due to affiliates
13,995,545
4,674,857
Total liabilities
321,186,388
311,873,560
Commitments and contingencies
Redeemable common stock
16,231,026
13,063,224
Series B Convertible Preferred Stock, net $0.001 par value; 150,000 shares authorized; 150,000 issued
and outstanding at June 30, 2026 and December 31, 2025, with aggregate liquidation preferences
of $153,122,671 and $153,156,986 at June 30, 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 June 30, 2026 and December 31, 2025, with aggregate liquidation
preferences of $36,226,000 and $35,170,167 at June 30, 2026 and December 31, 2025, respectively
34,626,688
34,626,688
Series E Redeemable 8% Preferred Stock, net $0.001 par value; 10,000,000 shares authorized; 97,860
and none issued and outstanding at June 30, 2026 and December 31, 2025, with aggregate liquidation
preferences of $983,206 and $0 at June 30, 2026 and December 31, 2025, respectively
361,586
—
Equity (Deficit):
Strategic Storage Trust VI, Inc.:
Preferred Stock, $0.001 par value; 200,000,000 shares authorized; none issued and outstanding at
June 30, 2026 and December 31, 2025
—
—
Class P Common stock, $0.001 par value; 30,000,000 shares authorized; 11,568,240 and 11,457,294
shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
11,568
11,457
Class A Common stock, $0.001 par value; 230,000,000 shares authorized; 3,300,779 and 3,252,608
shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
3,301
3,253
Class T Common stock, $0.001 par value; 100,000,000 shares authorized; 5,502,213 and 5,446,198
shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
5,502
5,446
Class W Common stock, $0.001 par value; 70,000,000 shares authorized; 729,194 and 720,067
shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
729
720
Class Y Common stock, $0.001 par value; 200,000,000 shares authorized; 5,538,526 and 5,459,946
shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
5,539
5,460
Class Z Common stock, $0.001 par value; 70,000,000 shares authorized; 582,287 and 576,712
shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
582
577
Additional paid-in capital
222,033,936
222,010,592
Distributions
(55,285,593
)
(47,498,935
)
Accumulated deficit
(172,984,833
)
(147,963,237
)
Accumulated other comprehensive loss
(4,906,458
)
(4,762,249
)
Total Strategic Storage Trust VI, Inc. equity (deficit)
(11,115,727
)
21,813,084
Noncontrolling interests in our Operating Partnership
(1,144,179
)
(611,660
)
Noncontrolling Series C Subordinated Units in our Operating Partnership
5,076,565
5,076,565
Total noncontrolling interest
3,932,386
4,464,905
Total equity (deficit)
(7,183,341
)
26,277,989
Total liabilities, temporary equity and equity (deficit)
$
513,822,070
$
534,441,184
