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Saturday, June 10, 2023
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Archive by tag: REITReturn
Extra Space Storage, Life Storage Agree to Merger
Extra Space Storage, Life Storage Agree to Merger Industry leaders Extra Space Storage Inc. and Life Storage Inc. have reached an agreement to merge, creating the largest self storage REIT with over 3,500 locations. The boards of directors of both companies have unanimously approved the transaction. Extra Space will retain its name and continue to trade on the NYSE under the ticker EXR. Ken Woolley will remain chairman of the board, and Joe Margolis will remain as CEO and director.The ...
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| Categories: | Tags: Extra Space, Life Storage, REIT, Merger, Shareholders, Stock | View Count: (64)

REIT Performance Update

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 Self Storage REITs Weather Difficult Quarter, See Quick Rebound By Laura Williams-Tracy, SSA Magazine It was a quarter fraught with uncertainty, new cleaning and rental protocols, and far fewer new faces at the customer service counter. In all, self storage appears to have weathered Q2 of 2020 with few battle wounds. Those smarting from a steep drop in rentals or delinquent payments in the spring may already be feeling a rebound. Based on analyst calls with the largest publi...
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| Categories: | Tags: Q2, Performance, Public Storage, Extra Space, CubeSmart, Life Storage, National Storage Affiliates, REITs, Public Companies | View Count: (1702)
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