Extra Space Storage — Oct 29, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001289490-25-000020
Showing in the filing
Additional bridge loans closed subsequent to quarter end or under agreement to close
“$48.4 million”
Period
FY2025
Measure
Company-defined measure
Source
Prose
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
Bridge Loans: During the three months ended September 30, 2025, the Company originated $122.7 million in bridge loans and sold six bridge loans for $71.1 million. Outstanding balances of the Company's bridge loans were approximately $1.5 billion at the end of the quarter. The Company has an additional $48.4 million in bridge loans that have closed subsequent to quarter end or are under agreement to close in 2025 and 2026. Additional details related to the Company's loan activity and balances held are included in the supplemental financial information published on the Company’s Investor Relations website at https://ir.extraspace.com/. Property Management: As of September 30, 2025, the Company managed 1,811 stores for third-party owners and 411 stores owned in unconsolidated joint ventures, for a total of 2,222 stores under management. The Company is the largest self-storage management company in the United States. Balance Sheet: During the three months ended September 30, 2025, the Company did not issue any shares on its ATM program, and as of September 30, 2025, the Company had $800.0 million available for issuance. Likewise, the Company did not repurchase any shares of common stock using its stock repurchase program during the quarter, and as of September 30, 2025, the Company had authorization to purchase up to $491.4 million under the program. In August 2025, the Company completed a public bond offering issuing $800.0 million aggregate principal amount of 4.95% unsecured senior notes due
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.