Closed major NSA and Public Storage Canada acquisitions, driving platform expansion and future growth. Raised guidance on improved move-in rates, occupancy, and operational momentum, with strong capital markets activity and a robust balance sheet supporting continued investment.Based on Public Stor…
Q2 saw the successful integration of NSA and the announcement of the Public Storage Canada acquisition, both expanding the platform and future growth opportunities. Core FFO and same-store metrics outperformed expectations, leading to raised 2026 guidance and a positive outlook for the second half…
Public Storage completed post-merger structuring by forming a $3.2 billion Dropdown JV with certain former NSA OP investors to hold 313 self-storage properties and immediately arranged approximately $2.2 billion of JV financing. The JV secured a $2.0 billion secured mortgage facility led by Goldman…
Public Storage, through subsidiary Public Storage Operating Company, completed a $900 million senior unsecured notes offering split into two tranches: $400 million of 4.700% notes due 2032 and $500 million of 5.150% notes due 2036. The notes, guaranteed by Public Storage and issued under existing i…
June 2026 was brutal for the crypto market. Bitcoin (BTC) fell more than 20%, hitting a 21-month low, while spot Bitcoin ETFs saw a record $4.5 billion in outflows.That did not stop users from spending a record $324 million on onchain gacha during the month, according to Blockworks Research. A year…
Public Storage entered into an underwriting agreement for a $900 million senior notes offering to help fund its pending acquisition of National Storage Affiliates Trust and for general corporate purposes. The deal includes $400 million of 4.700% notes due 2032, issued at 99.283% of par, and $500 mi…
Public Storage COO Chris Sambar resigned effective end of July to join T-Mobile as Chief Enterprise Officer.Original SEC Filing: Public Storage [ PSA ] - 8-K - Jul. 07, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please n…
(17:04 GMT) Public Storage Price Target Cut to $316.00/Share From $318.00 by Evercore ISI Group
