Updated Friday, April 18, 2014 as of 11:46 AM ET
Portfolio - REITs
REITs Perform Well Despite Housing Market Woes
Friday, February 1, 2013
Print
Email
Reprints

Self-storage leaders like Extra Space, with stock that rose around 45% last year, have capitalized on technology to gain occupancy and push rental rates higher on existing tenants, scoring healthy same-store revenue with little expense growth. The company has done so well it's been able to buy out some of its joint venture partners and buy new properties. Its secret is being more aggressive on pricing than smaller privately held competitors.

Get access to this article and thousands more...

All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.

Already Registered?

Lists
Honoring the Top Branch Managers of 2013

Current Issue

The April Issue is now online!


TWITTER
FACEBOOK
LINKEDIN
Already a subscriber? Log in here