PSA News and Press, Public Storage From 03/20/21

U.S. equity markets finished modestly lower on a choppy week as assurances from the Fed of a "lower-for-longer" policy regime didn't slow the continued march higher in long-term interest rates. Retreating from record closing highs last week, the S&P 500 declined by 1.2% this past ...

Real Capital Analytics data indicate that despite economic disruptions caused by the pandemic, self-storage sales stood at $7.7B in 2020 which is one-third higher than 2019 levels.Two deals - Blackstone Real Estate Income Trust (BX) acquisition of Simply Self Storage from a Brookfield As...

The Great Financial Crisis resulted in long-term, lasting pain for the real estate sector, but "this time was different" for most REITs due to harsh lessons learned from past crises. Despite early struggles with rent collection, REITs' strong balance sheets and access-to-capital preve...

Rebalancing one’s investments is a well-established way to benefit from uncorrelated market fluctuations. Here we use the past 13 months to test rebalancing using a portfolio of REITs from distinct economic sectors. Rebalancing retains value; larger gains result from system...

Public Storage (NYSE:PSA) announced today that the Company will participate in a roundtable discussion at the Citi 2021 Global Property CEO Conference on Wednesday, March 10, 2021, beginning at 4:15 p.m. (EST). The presentation will be webcast and available on Public Storage’s we...

Overshadowed by concerns about rising interest rates, a frenzy of real estate earnings reports over the last month have provided critical information on the state of the real estate industry. Roughly two-thirds of the 170 equity REITs in our coverage universe beat consensus FFO estima...

Public Storage is the largest owner of self-storage facilities in the U.S., and it owns a stake in two REITs, spinoff PS Business Parks and a European company, Shurgard. From one storage unit in 1972, to a fast-growing real estate investment trust, to a mature sector leader, Public St...

U.S. equity markets were mostly higher on a volatile week as investors remain skittish about a potential "overheating" U.S. economy and the implications for interest rates, inflation, and equity valuations. Bouncing back following two weeks of declines, the S&P 500 gaine...

Equity LifeStyle Properties is a leader in what I consider the best segment in residential real estate. The company has a phenomenal track record of acquired and organic growth based on a healthy balance sheet and conservative management. Investors will more than likely benefit fr...

Funds from operations are growing at a higher than average rate, outpacing peers. Valued at a multiple that makes sense peer - wise, although a market correction could affect all valuations. Low payout ratio meaning safer dividends which are good candidates for annual increases. ...