Sector: N/A | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 8400 E. Prentice Avenue, 9Th Floor GREENWOOD VILLAGE CO 80111 |
Tel: | 1-720-6302160 |
Website: | https://www.nationalstorageaffiliates.com |
IR: | See website |
Key People | ||
Tamara D. Fischer Executive Chairman of the Board of Trustees | David G. Cramer President, Chief Executive Officer | Arlen D. Nordhagen Vice Chairman of the Board of Trustees |
Brandon S. Togashi Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Treasurer | Derek Bergeon Chief Operating Officer, Executive Vice President | Tiffany Kenyon Executive Vice President, Chief Legal Officer and Secretary |
Business Overview |
National Storage Affiliates Trust is an integrated, self-administered, and self-managed real estate investment trust. The Company is focused on the ownership, operation and acquisition of self-storage properties located within various metropolitan statistical areas across the United States. The Company owns approximately 1,050 self-storage properties, located in 42 states and Puerto Rico, comprising approximately 68.6 million rentable square feet in approximately 5,42,000 storage units. The properties are managed with a local operational focus of the Company and its participating regional operators (PROs). The Company also managed through its property management platform an additional portfolio of 185 properties owned by the Company's unconsolidated real estate ventures. These properties contain approximately 51.9 million rentable square feet, in approximately 4,07,000 storage units. The Company's operating partnership subsidiary is NSA OP, LP. |
Financial Overview |
For the fiscal year ended 31 December 2023, National Storage Affiliates Trust revenues increased 7% to $858.1M. Net income applicable to common stockholders increased 52% to $137.6M. Revenues reflect Rental revenue increase of 6% to $794M. Net income benefited from Investments segment income increase of 16% to $336.7M, Net Operating Income (NOI) - Total increase of 6% to $594.7M. Dividend per share increased from $2.15 to $2.23. |