What to Know About This Fund's $61 Million Self-Storage Bet as a $10.5 Billion Deal Nears

First Trust Capital Management established a $61.29 million position in National Storage Affiliates Trust (NSA) during Q1 2026, acquiring 1.8 million shares. The investment appears strategically timed around Public Storage's announced $10.5 billion acquisition of NSA. The self-storage REIT has shown solid operational performance with 42% year-over-year net income growth and improving occupancy rates, though management discontinued guidance due to the pending merger.

05/23/2026, 6:30 PM • The Motley Fool

Deal Dispatch: Public Storage Buys National Storage For $10.5B, Mastercard Acquires BVNK, Domino's Franchisee Bankruptcy

Major M&A activity includes Public Storage's $10.5B acquisition of National Storage Affiliates, Mastercard's $1.8B purchase of stablecoin startup BVNK, and IBM's $11B acquisition of Confluent. Meanwhile, several companies filed for bankruptcy including Domino's franchisee, The Lycra Company, Baker & Taylor, and others, while some companies like GSI Technology and Perma-Pipe concluded strategic reviews without pursuing deals.

03/20/2026, 2:03 PM • Benzinga

Why National Storage Affiliates Stock Soared Today

Public Storage announced an acquisition of National Storage Affiliates for $10.5 billion, with NSA shareholders receiving 0.14 shares of PSA per share owned, representing a 35% premium. The deal creates a $57 billion combined entity that will benefit from brand consolidation, cost efficiencies, and operational synergies in the self-storage market.

03/16/2026, 4:05 PM • The Motley Fool

Public Storage Strikes $10.5 Billion Deal For National Storage Affiliates

Public Storage (PSA) announced an agreement to acquire National Storage Affiliates (NSA) in an all-stock transaction valued at approximately $10.5 billion. NSA shareholders will receive 0.14 PSA shares per share at an implied price of $41.68. The deal is expected to close in Q3 2026 and is structured with PSA acquiring 488 properties outright while 313 properties go into a new joint venture. PSA expects $110-130 million in run-rate synergies within 3-4 years and projects the deal to be accretive to FFO per share in Year 1.

03/16/2026, 10:47 AM • Benzinga

What I'm Watching With CubeSmart Stock To See If It Beats The Market

CubeSmart, the third-largest self-storage REIT, has underperformed the S&P 500 and its larger peers over the past decade due to industry oversupply and lack of differentiated growth strategy. The self-storage market is showing early signs of recovery with improving move-in rates and customer growth. The analyst is monitoring whether positive momentum continues and whether CubeSmart can leverage joint ventures to accelerate growth and compete with larger rivals.

02/18/2026, 9:15 PM • The Motley Fool

S&P 500 Earnings Halfway Mark: Sector Winners, Losers, and What Comes Next

With 59% of S&P 500 companies reported, Q4 2025 shows 13% EPS growth and 8.8% revenue growth. Big Tech's massive capex spending on AI infrastructure ($185B for Alphabet, $200B for Amazon) has sparked concerns about free cash flow sustainability and SaaS disruption from AI agents. This week's earnings focus shifts to semiconductor and software companies to assess whether AI spending benefits the broader ecosystem or threatens traditional business models.

02/09/2026, 10:48 AM • Investing