SmartStop Self Storage REIT, Inc. Announces Appointment of New Board Member
LADERA RANCH, Calif. — SmartStop Self Storage REIT, Inc. ('SmartStop') (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced the appointment of Lora Gotcheva as an independent director of the Company, effective July 10, 2025.
Article content
Ms. Gotcheva has more than 25 years of financial management and investment experience with several firms in the financial services industry. From July 2010 until April 2025, Ms. Gotcheva served in various roles at CPP Investments, one of the largest pension fund managers in Canada, which invests the funds of the Canada Pension Plan. Most recently, Ms. Gotcheva served as a Managing Director, specializing in private real estate investments, joint ventures, and public REIT investments. Ms. Gotcheva earned a Bachelor of Arts degree from Mount Holyoke College and an MBA from The Wharton School at the University of Pennsylvania.
Article content
'I would like to welcome Lora to the SmartStop family,' said H. Michael Schwartz, Chairman and CEO of SmartStop. 'With her deep real estate investment experience, specifically in publicly traded REITs both in the United States and Canada, Lora will bring valuable perspectives and skill sets that will serve SmartStop well as a newly listed REIT. Importantly, her background will complement our current members of the Board. I would also like to thank our Nominating and Corporate Governance Committee for its work and diligence during this process.'
Article content
About SmartStop Self Storage REIT, Inc. (SmartStop):
Article content
SmartStop Self Storage REIT, Inc. ('SmartStop') (NYSE: SMA) is a self-managed REIT with a fully integrated operations team of more than 600 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs. As of July 7, 2025, SmartStop has an owned or managed portfolio of 229 operating properties in 23 states, the District of Columbia, and Canada, comprising approximately 164,300 units and 18.4 million rentable square feet. SmartStop and its affiliates own or manage 43 operating self-storage properties in Canada, which total approximately 36,400 units and 3.7 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.
Article content
Article content
Article content
Article content
David Corak
Article content
Article content
Article content
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
2 hours ago
- Globe and Mail
My 2 Top Quantum Computing Stocks to Buy Now
Key Points Much like artificial intelligence (AI), quantum computing has attracted investors for its game-changing potential. Quantum computing is in its early days of growth, making now a great time to look for future winners. 10 stocks we like better than Alphabet › Quantum computing has been turning heads in the investment world, much like artificial intelligence (AI) has done and continues to do. The reason? Both of these areas could be game changing for businesses and our daily lives -- for example, these technologies could result in the development of life-saving drugs, may streamline factory operations, and help you organize your daily tasks. All of this may result in supercharged earnings growth for the companies leading the way. AI and quantum computing are complementary but different: AI involves the training of large language models (LLMs) so that they can go on to solve complex problems. Quantum computing harnesses the behavior of subatomic particles -- and their ability to scale exponentially -- to solve problems that are impossible for classical computers to handle. Both technologies are in their early days of growth, though AI already is being applied to real-world problems and generating major revenue for companies -- quantum computing may take several years before becoming generally useful, some experts have predicted. But the fact that quantum is just getting started is great news for investors because it offers us plenty of time to get in on these stocks and benefit from their full growth story. And at the same time, you can minimize risk by investing in companies that already have proven themselves in other areas and are profitable. With this in mind, here are my top two quantum computing stocks to buy now. 1. Alphabet Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) is mainly known for its Google platform -- from the world's most popular search engine Google Search to cloud computing unit Google Cloud. Together, these businesses have helped the company generate billions of dollars in revenue over the years. And what's also compelling is that Alphabet has understood how to invest in its business, resulting in gains in return on invested capital too. GOOG Revenue (Annual) data by YCharts This company continues to excel in its markets and has invested in AI -- applying the technology to its business and selling AI tools to others. On top of this, Alphabet aims to win in quantum computing as well, and might be on the right track to do so. Late last year, the company announced Willow, its quantum chip that already has accomplished two big things. It's shown that it can reduce errors when scaling up with more qubits, or the particles that process data -- this is a big deal, since errors have been a big problem with quantum systems. And second, it performed a computation in a few minutes that would have been impossible for even the most sophisticated supercomputer. Alphabet says the Willow generation of chips may help quantum computing become generally useful -- reaching a huge milestone. Considering Alphabet's solid, profitable business and progress in quantum computing, it's a no-brainer buy at the dirt cheap price of 18x forward earnings estimates. 2. Nvidia You may think mainly of AI when you think of Nvidia (NASDAQ: NVDA) -- and that's right. The company dominates the AI chip market and sells a full portfolio of related elements that have been driving enormous revenue growth. In the latest fiscal year, Nvidia's revenue surged 114% to $130 billion, a record, thanks to this focus on AI. But Nvidia also may benefit from the quantum computing market too -- and it may not have to wait very long. This is because Nvidia's computing platforms can be used now to help tackle problems facing quantum computing, such as error correction, and help develop hybrid AI/quantum systems. To get the ball rolling, Nvidia recently announced it's building an accelerated quantum computing research center in Boston, to open later this year. All this means that Nvidia, which has been flying high thanks to soaring AI-driven revenue, also may see itself generating growth as quantum computing develops, and then if and when it reaches the general use stage. Meanwhile, as an investor, you don't face significant risk, since Nvidia already is highly profitable thanks to its AI business and also generates revenue by selling its chips to gaming, robotics, and professional visualization customers. So, by investing in Nvidia, you're betting on an established company that's delivered big results -- and at the same time, you're positioning yourself for a potential quantum computing win too. Should you invest $1,000 in Alphabet right now? Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alphabet wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor 's total average return is1,047% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet and Nvidia. The Motley Fool has a disclosure policy.
CTV News
3 hours ago
- CTV News
B.C. tribunal dismisses claim for $5K in damages for beer-stained sofa
A woman who sought $5,000 in damages to repair a stained custom sofa she claimed a restoration contractor spilt beer on has had her case dismissed by a B.C. tribunal. According to a decision published June 26, Patricia Gooch took Barclay Restorations Corp. to the Civil Resolution Tribunal seeking the funds alongside an apology for a stain she claims was made while the company was carrying out flood restoration work in her home. The flooding, which occurred in May 2022 and affected 41 strata lots in Gooch's building, had resulted in her having to move out temporarily while Barclay was brought in to repair the damage. In July, Gooch's furniture was put into storage while the work continued. When the stashed furniture was returned in November, Gooch noticed a 'weird, brown, crusty, wavy stain' on her sofa underneath one of the bolsters that hadn't been there prior to the flood. The couch was not damaged during the flooding, the decision reads. Gooch told the tribunal the stain and a smell of 'old hops' remained even after steam cleaning the sofa twice. Gooch said the furniture movers and other workers who had been in her home during the flood restoration work had been supervised, while Barclay's workers had not. She also said she had seen 'several red beer cans' in her recycling bin when she visited the home in June, alongside a Barclay employee or subcontractor drinking the same brand of beer on the sidewalk outside. Gooch had suspected the company's employees had been using her strata lot to 'rest and drink in' as it was above the building's amenity room, the decision read. Ultimately, tribunal member Megan Stewart dismissed the claim, finding Gooch could not prove that the claimed beer stain was in fact derived from beer, and, even if it was, there was still the factor of the months-long gap between when Gooch last had the sofa and when she found the stain. 'I find this introduces a distinct possibility that someone or something other than a Barclay worker could have caused the staining,' Stewart concluded in the decision.
Globe and Mail
3 hours ago
- Globe and Mail
Broadcom Repays Credit Facility with Senior Notes
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Broadcom ( (AVGO)) has shared an announcement. On July 11, 2025, Broadcom Inc. repaid all outstanding obligations under its existing credit agreement, which originally provided a $30.4 billion term loan credit facility. This repayment was facilitated by the issuance of $6 billion in senior notes, consisting of notes due in 2030, 2032, and 2035, which were sold to underwriters including J.P. Morgan Securities, Morgan Stanley, and Wells Fargo Securities. The move to issue senior notes and repay the credit facility reflects Broadcom's strategic financial management and could impact its financial positioning by potentially reducing interest expenses and altering its debt structure. The most recent analyst rating on (AVGO) stock is a Buy with a $240.00 price target. To see the full list of analyst forecasts on Broadcom stock, see the AVGO Stock Forecast page. Spark's Take on AVGO Stock According to Spark, TipRanks' AI Analyst, AVGO is a Outperform. Broadcom scores highly due to its strong financial performance, driven by robust growth in AI segments and solid profitability. The earnings call provided positive guidance, reinforcing confidence in future growth. However, high valuation metrics and debt levels warrant caution despite the company's optimistic outlook. To see Spark's full report on AVGO stock, click here. Broadcom Inc. operates in the semiconductor and infrastructure software solutions industry, offering a wide range of products and services that cater to data center, networking, software, broadband, wireless, and storage markets. Average Trading Volume: 22,298,731 Technical Sentiment Signal: Buy Current Market Cap: $1307.1B For a thorough assessment of AVGO stock, go to TipRanks' Stock Analysis page.
