National Storage (NSA) Q2 FFO Falls 11%

National Storage Affiliates Trust (NSA -0.54%), a real estate investment trust specializing in self-storage facilities, reported second quarter 2025 results on August 4, 2025. The update revealed declining key financial metrics, with core funds from operations per share at $0.55—significantly below the $0.62 Core FFO per share and unit reported in Q2 2024. GAAP revenue came in at $188.8 million, down 0.8% from a year ago. Diluted earnings per share (EPS) (GAAP) was $0.19. Weak demand in Sunbelt markets, ele ...