Financial Performance - Net income for the three months ended September 30, 2021, was $40.7 million, an increase of $19.3 million compared to $21.4 million for the same period in 2020[150]. - Total revenue increased by $41.4 million, or 37.8%, for the three months ended September 30, 2021, compared to the same period in 2020, driven by acquisitions and increased occupancy rates[153]. - Rental revenue rose by $39.7 million, or 39.9%, for the three months ended September 30, 2021, with non-same store rental revenue contributing $22.4 million and same store rental revenue increasing by $17.3 million, or 18.7%[154]. - Average occupancy improved from 90.4% in Q3 2020 to 96.0% in Q3 2021, significantly impacting revenue growth[153]. - Net income attributable to common shareholders was $26.9 million for the three months ended September 30, 2021, compared to $10.2 million in the same period of 2020, an increase of $16.7 million[152]. - Funds from operations (FFO) attributable to common shareholders for the nine months ended September 30, 2021, was $177.5 million, compared to $120.7 million for the same period in 2020[182]. - Core FFO attributable to common shareholders for the nine months ended September 30, 2021, was $178.4 million, compared to $122.4 million for the same period in 2020[182]. - Diluted earnings per share increased to $0.26 for Q3 2021, compared to $0.15 in Q3 2020, and $0.71 for the nine months ended September 30, 2021, up from $0.32 in the same period of 2020[184]. - Net Operating Income (NOI) for Q3 2021 was $105.1 million, an increase from $72.0 million in Q3 2020, and $283.2 million for the nine months ended September 30, 2021, compared to $208.7 million in the same period of 2020[187]. Acquisitions and Portfolio Growth - The company acquired 119 self storage properties for $1.0 billion during the nine months ended September 30, 2021, comprising approximately 8.3 million rentable square feet[138]. - As of September 30, 2021, the company owned a portfolio of 763 self storage properties, totaling approximately 47.6 million rentable square feet[137]. - The same store portfolio consisted of 560 consolidated self storage properties as of September 30, 2021[147]. - The company has a potential acquisition opportunity with a 75% third-party interest in its unconsolidated real estate ventures, valued at approximately $1.5 billion[140]. - The company acquired 33 self-storage properties between October 1, 2020, and December 31, 2020, and an additional 119 properties during the nine months ended September 30, 2021, contributing to NOI growth[197]. Expenses and Costs - Property operating expenses rose by $7.9 million, or 25.1%, for the three months ended September 30, 2021, largely due to increased expenses from newly acquired properties[157]. - General and administrative expenses increased by $2.2 million, or 20.3%, for the three months ended September 30, 2021, attributed to higher supervisory and personnel costs[158]. - Depreciation and amortization expenses increased by $10.1 million, or 34.7%, for the three months ended September 30, 2021, due to acquisitions and increased amortization of customer leases[159]. - Interest expense increased by $2.9 million, or 18.9%, for the three months ended September 30, 2021, primarily due to additional borrowings from recent note issuances[160]. - Property operating expenses rose by $18.3 million, or 19.8%, for the nine months ended September 30, 2021, mainly due to increased expenses from newly acquired properties[171]. - General and administrative expenses increased by $4.5 million, or 13.8%, for the nine months ended September 30, 2021, driven by higher supervisory and administrative fees[172]. - Depreciation and amortization increased by $20.1 million, or 23.0%, for the nine months ended September 30, 2021, due to the acquisition of new properties and increased amortization of customer leases[173]. - Interest expense increased by $5.9 million, or 12.7%, for the nine months ended September 30, 2021, primarily due to higher borrowings from recent note issuances[174]. Cash Flow and Financing - Cash provided by operating activities increased to $238.7 million for the nine months ended September 30, 2021, compared to $167.6 million in the same period of 2020, reflecting the acquisition of 152 self-storage properties[197]. - Cash used in investing activities increased to $985.8 million for the nine months ended September 30, 2021, compared to $268.5 million for the same period in 2020, primarily due to the acquisition of 119 self-storage properties for $946.3 million[198]. - Cash provided by financing activities was $799.0 million for the nine months ended September 30, 2021, compared to $97.8 million in 2020, with significant borrowings including $540.0 million under the Revolver and $763.4 million from the issuance of common shares[201]. - The company issued 10,120,000 common shares in a public offering at $51.25 per share, resulting in net proceeds of approximately $497.4 million[210]. - As of September 30, 2021, the company had a total credit facility of $1.4 billion, with remaining capacity to borrow $494.3 million while remaining compliant with financial covenants[202]. - The company declared a cash dividend of $0.41 per common share and OP unit on August 25, 2021, payable on September 30, 2021[215]. Market and Operational Insights - The company experienced sustained improvement in property operating results during the third and fourth quarters of 2020 and continuing through the third quarter of 2021[145]. - The ongoing impact of the COVID-19 pandemic continues to be monitored, with the company maintaining compliance with federal, state, and local guidelines[144]. - The self-storage business experiences minor seasonal fluctuations, with the highest occupancy typically in July and the lowest in February, indicating potential revenue variability throughout the year[230]. - The company utilizes interest rate swaps to mitigate exposure to interest rate risk, converting variable rate debt to fixed rate[231]. - Interest rate risk is a primary market risk for the company, influenced by external economic and political factors, which could affect future income and cash flows[231].

National Storage Affiliates Trust (NYSE:NSA) Q3 2021 Earnings Conference Call November 3, 2021 1:00 PM ET Company Participants George Hoglund - VP of IR Tamara Fischer - President and CEO David Cramer - EVP and COO Brandon Togashi - EVP and CFO Conference Call Participants Neil Malkin - Capital One Securities Juan Sanabria - BMO Capital Markets Steve Sakwa - Evercore ISI Todd Thomas - KeyBanc Capital Markets Smedes Rose - Citigroup Elvis Rodriguez - Bank of America Merrill Lynch Ronald Kamdem - Morgan Stanl ...

National Storage Affiliates Trust (NYSE:NSA) Q2 2021 Earnings Conference Call August 4, 2021 1:00 PM ET Company Participants George Hoglund - VP of IR Tamara Fischer - President and CEO David Cramer - EVP and COO Brandon Togashi - EVP and CFO Conference Call Participants Neil Malkin - Capital One Securities Juan Sanabria - BMO Capital Markets Wes Golladay - Baird Steve Sakwa - Evercore ISI Smedes Rose - Citigroup Ronald Kamdem - Morgan Stanley Operator Greetings, and welcome to the National Storage Affiliat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37351 National Storage Affiliates Trust (Exact name of Registrant as specified in its charter) Maryland 46-5053858 (State or other jurisdic ...

National Storage Affiliates REITweek 2021 Investor Conference June 2021 Forward-Looking Statements and Non-GAAP Financial Measures FORWARD-LOOKING STATEMENTS: We make forward-looking statements in this presentation that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. When we use the words "believe," "expect," "anticipate," "estima ...

National Storage Affiliates Trust (NYSE:NSA) Q1 2021 Results Earnings Conference Call May 5, 2021 1:00 PM ET Company Participants George Hoglund - Vice President of Investor Relations Tamara Fischer - President and Chief Executive Officer David Cramer - Executive Vice President and Chief Operating Officer Brandon Togashi - Executive Vice President and Chief Financial Officer Conference Call Participants Juan Sanabria - BMO Capital Markets Neil Malkin - Capital One Securities Smedes Rose - Citigroup Samir Kh ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37351 National Storage Affiliates Trust (Exact name of Registrant as specified in its charter) Maryland 46-5053858 (State or other jurisdi ...

STINSTORACE iStorage SELF TORAGE ri 1-866-4-STORAGE 【8肖 RIGHTSPACE BIGHTSPACE NATIONAL STORAGE — 3567 /.moovein.com Self Storage Company Update March 2021 Forward-Looking Statements and Non-GAAP Financial Measures FORWARD-LOOKING STATEMENTS: We make forward-looking statements in this presentation that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, pla ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37351 National Storage Affiliates Trust (Exact name of Registrant as specified in its charter) Maryland 46-5053858 (State or other jurisdiction ...

National Storage Affiliates Trust (NYSE:NSA) Q4 2020 Results Earnings Conference Call February 23, 2021 12:00 PM ET Company Participants George Hoglund - Vice President of Investor Relations Tamara Fischer - President and Chief Executive Officer Brandon Togashi - Executive Vice President and Chief Financial Officer David Cramer - Executive Vice President and Chief Operating Officer Conference Call Participants Samir Khanal - Evercore Neil Malkin - Capital One Securities Juan Sanabria - BMO Capital Markets T ...