On October 26, 2026, CubeSmart, L.P., as borrower, and CubeSmart, as parent guarantor, entered into a Term Loan Agreement with lenders and PNC Bank, National Association, as administrative agent. The facility consists of a $300 million unsecured term loan that was funded in full

CubeSmart Enters into $300 million Unsecured Term Loan Agreement

PSA's acquisitions, AI-powered operations and strong balance sheet support growth, but weak same-store results and rising interest expenses pose challenges.

Is it Wise to Retain Public Storage Stock in Your Portfolio Now?

CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and, in most locations, climate-controlled storage space for residential and commercial customers. According to the 2026 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States. CubeSmart was incorporated in 2004 in Maryland and is based in Malvern, Pennsylvania.

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