Press Release

LADERA RANCH, Calif. – (June 30, 2017) – Strategic Storage Trust IV Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, announced that Stephen Muzzy has resigned from the company’s board of directors. Muzzy served as an independent director, member and chairman of the audit committee, and member of the nominating and corporate governance committee of the board. His decision did not involve any disagreement with the company or the board, according to a filing with the Securities and Exchange Commission.

The board appointed Alexander Vellandi to serve in the roles vacated by Muzzy. Vellandi, who has nearly 20 years of commercial real estate and finance experience, currently serves as general counsel of commercial real estate marketplace lender Money360 Inc., where he is responsible for all legal aspects of its corporate and business operations.

Vellandi was formerly in-house legal counsel to Sabal Financial Group LP, associate general counsel of Triple Net Properties LLC, and an attorney with two California-based law firms. Since 2002, he owned a residential real estate brokerage firm, Orange County Property Company.

Vellandi holds a bachelor’s degree from the University of California at Irvine and his juris doctor from UCLA School of Law. Prior to entering law school, he served as an appointee of former California Governor Pete Wilson, and is a member of the State Bar of California, a licensed real estate broker, and serves in a leadership capacity for various charities and professional organizations.

Strategic Storage Trust IV, which focuses on the acquisition of self storage properties, was declared effective in March 2017 and has raised nearly $1.5 million in investor equity, as of June 21, 2017. The company purchased its first property in April.

About Strategic Storage Trust IV, Inc.

Strategic Storage Trust IV, Inc., is a Maryland corporation that intends to qualify as a real estate investment trust for federal income tax purposes. Strategic Storage Trust IV focuses on the acquisition of stabilized and growth self storage properties. Strategic Storage Trust IV owns one property comprising approximately 600 self storage units and approximately 67,000 net rentable square feet of storage space.

About SmartStop Asset Management, LLC

SmartStop is a diversified real estate company focused on self storage assets, along with student and senior housing. SmartStop has a managed portfolio that currently includes approximately 68,000 self storage units, approximately 7.9 million rentable square feet and approximately $1.3 billion of real estate assets under management. SmartStop is the asset manager for 108 self storage facilities located throughout the United States and Toronto, Canada and two student housing facilities. SmartStop is the sponsor of Strategic Storage Trust II, Inc., Strategic Storage Growth Trust, Inc. and Strategic Storage Trust IV, all public non-traded REITs focusing on self storage assets. The facilities offer affordable and accessible storage units for residential and commercial customers. In addition, they offer secure interior and exterior storage units as well as outside storage areas for vehicles, RVs and boats. Additional information is available at

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” or other similar words. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to: uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of our real estate investment strategy; uncertainties relating to financing availability and capital proceeds; uncertainties relating to the closing of property acquisitions; uncertainties relating to the public offering of our common stock; uncertainties related to the timing and availability of distributions; and other risk factors as outlined in Strategic Storage Trust IV’s prospectus, as amended from time to time. This is neither an offer nor a solicitation to purchase securities.


Strategic Asset Management I, LLC

10 Terrace Rd.
Ladera Ranch, CA 92694

T: (949) 429.6600
F: (949) 429.6606