v3.26.1
NONCONTROLLING INTERESTS (Tables)
6 Months Ended
Jun. 30, 2026
NONCONTROLLING INTERESTS  
Schedule of noncontrolling interests in subsidiaries

CubeSmart

June 30, 2026

Number

Ownership

Total

Total

Related Party

Consolidated Joint Ventures

  ​ ​ ​

of Stores

  ​ ​ ​

Interest

Assets

Liabilities

Loans (1)

(in thousands)

CS 114 S Kensico Ave, LLC ("White Plains")

1

51%

$

11,494

$

2,841

$

Hines Capital ("Hines") (2)

14

85%

168,009

118,945

109,614

New Rochelle Investors, LLC ("New Rochelle")

1

70%

44,385

44,223

43,493

1074 Raritan Road, LLC ("Clark")

1

90%

14,696

10,946

10,657

350 Main Street, LLC ("Port Chester")

1

90%

16,973

11,789

11,483

Astoria Investors, LLC ("Astoria")

1

70%

43,884

30,803

29,991

CS Lock Up Anoka, LLC ("Anoka")

1

50%

8,961

5,588

5,544

CS Valley Forge Village Storage, LLC ("VFV")

1

70%

17,387

14,775

14,617

CS Vienna, LLC ("Vienna")

1

80%

27,985

34,047

33,586

SH3, LLC ("SH3")

1

90%

34,868

361

23

$

388,642

$

274,318

$

258,985

(1)Related party loans represent amounts payable from the joint venture to the Company and are included in total liabilities within the table above. The loans and related party interest have been eliminated for consolidation purposes.

(2)Consists of two consolidated joint ventures.