CURB expands portfolio 76% to 220 properties via $582M acquisitions, raises $823M equity

Filed July 29, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 29, 2025 · ~2 min read

Key Changes

• high

  Portfolio grew from 125 to 220 properties (+76%) and 3.7M to 5.7M sq ft GLA (+54%) year-over-year, funded by $582M in acquisitions through late July 2026. Leased rate improved to 96.5% from 96.1%; occupancy rose to 94.3% from 93.5%.

  MD&A: Portfolio Size verify on EDGAR →
• high

  Raised $823M in gross equity proceeds via 29.3M shares sold on forward basis (9.4M settled to date), providing $697M of unsettled forward equity as dry powder. Debt increased from $100M to $600M, adding $200M 2026 Notes and $150M 2025 Term Loan.

  Notes: Equity and Debt Issuance verify on EDGAR →
• high

  FFO rose 22% to $62.5M and Operating FFO 21% to $63.3M for the six months ended June 30, 2026, driven by NOI from 95 net new properties. Total NOI growth accelerated to +53% versus +34% prior year.

  MD&A: FFO and NOI verify on EDGAR →