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 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.
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