---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-044315"
form_type: "8-K"
ticker: "NSA"
cik: "0001618563"
company_name: "National Storage Affiliates Trust"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:17:28.116400+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NSA Q3 net income $29.8M (-30.9% YoY); Core FFO $0.62 (-7.5%); same-store NOI -5.3%

## Summary
- Net income $29.8M, diluted EPS $0.18 (vs $0.26); Core FFO $83.9M, $0.62/share.
- Same-store NOI fell 5.3% YoY, revenue -3.5%, expenses +1.2%; occupancy 85.6% (-270 bps).
- Issued $350M senior unsecured notes at 5.6% avg rate, 7.6yr maturity in private placement.
- Unconsolidated venture bought 18 properties for ~$147.9M; NSA contributed ~$37M.
- Completed PRO internalization July 1, 2024; converted 11.9M subordinated units to 17.98M OP units.

## SEC filing metadata
- accession: 0001628280-24-044315
- form_type: 8-K
- ticker: NSA
- cik: 0001618563
- company_name: National Storage Affiliates Trust
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618563/000162828024044315/0001628280-24-044315-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618563/000162828024044315/nsa-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-044315
- JSON: https://secwatch.observer/filing/0001628280-24-044315.json
- Plain text: https://secwatch.observer/filing/0001628280-24-044315.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.