Irvine, Calif. — SmartStop Asset Management, a privately held alternative asset management and real estate investment firm, has changed its name to Strategic Asset Management I (SAM). The company is set to relocate its headquarters to Irvine, California, during the second half of 2022.
“The new name reflects our continued commitment to our student and senior housing portfolio, while also expanding our platform to include conventional multifamily and industrial properties,” says John Strockis, president of SAM. “Our investors want tax-advantaged real estate investments and we’re excited to expand our portfolio while offering both cash flow and capital appreciation.”
SAM is the sponsor of Strategic Student & Senior Housing Trust Inc., a publicly-registered, non-traded real estate investment trust that currently owns and manages a portfolio valued in excess of $225 million.