HighGravityData

Extra Space Storage — Oct 29, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001289490-25-000020
Open on SEC.gov ↗
Showing in the filing
Total EXR Investment - Price To Close/Complete in 2026
“$48,564”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 3
Total EXR Investment - Stores To Close/Compl… for FY2026
“3”
Total EXR Investment - Price To Close/Comple… for FY2026
“$48,564”
Additional bridge loans closed subsequent to… for FY2025
“$48.4 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
Closed/Completed through September 30, 2025 Closed/Completed Subsequent to September 30, 2025 Scheduled to Still Close/Complete in 2025 Total 2025 To Close/Complete in 2026 Wholly-Owned Investment 1 Stores Price Stores Price Stores Price Stores Price Stores Price Operating Stores 2 14 $ 178,733  11 $ 118,250  14 $ 143,528  39 $ 440,511  — $ —  C of O and Development Stores 1 — —  — —  —  —  —  — — —  Buyout of JV Partners' Interest in Operating Stores 27 326,400  — —  — —  27 326,400  — —  EXR Investment in Wholly-Owned Stores 41 505,133  11 118,250  14 143,528  66 766,911  — —  Joint Venture Investment 1 EXR Investment in JV Acquisition of Operating Stores 3 13,805  2 2,455  4 7,326  9 23,586  — —  EXR Investment in JV Development and C of O 3 29,031  — —  1 14,378  4 43,409  3 48,564  EXR Investment in Joint Ventures 6 42,836  2 2,455  5 21,704  13 66,995  3 48,564  Total EXR Investment 47 $ 547,969   13 $ 120,705   19 $ 165,232   79 $ 833,906   3 $ 48,564   (1) The locations of C of O and development stores and joint venture ownership interest details are included in the supplemental financial information published on the Company’s Investor Relations website at https://ir.extraspace.com/. (2) Includes the buyout of a partner's interest in one existing consolidated joint venture in the nine months ended September 30, 2025. The projected developments and acquisitions under agreement described above are subject to customary closing conditions and no assurance can be provided that these developments and acquisitions will be completed on the terms described, or at all. Property Sales: During the three months ended September 30, 2025, the Company sold two operating properties into a joint venture and marketed an additional 25 properties for sale. The properties held for sale were adjusted to fair value less selling costs. The properties held for sale and sold resulted in a net loss of $105.1 million. In July 2025, the Company sold its interest in a joint venture, which held six properties, resulting in a net gain of $9.4 million. Bridge Loans: During the three months ended September 30, 2025, the Company originated $122.7 million in bri
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.