Public Storage plans to lean on about $2.02 billion in commercial mortgage-backed securities debt to help fund its purchase of rival National Storage Affiliates, the biggest deal of that kind in more than four years and the latest sign of accelerating industry consolidation.
Public Storage’s more than $2 billion CMBS deal finances blockbuster merger
Largest self-storage debt offering in years helps fund takeover of rival National Storage Affiliates
CoStar News
August 3, 2026 | 8:55 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Public Storage
Real Estate
- National Storage Affiliates Trust
Real Estate