PSB News and Press, PS Business Parks Inc. From 05/03/22

Student housing has seen a swift recovery and brightening outlook over the past twelve months as the effects of soaring rents have more-than-offset ongoing COVID issues and longer-term enrollment headwinds. American Campus - the first of three student housing REITs and last one still ...

PS Business Parks (NYSE:PSB), the industrial and multifamily REIT that agreed earlier this month to be acquired by Blackstone (BX) for $7.6B, posted higher core funds from operation and higher rental income from a year ago. Q1 core FFO per share of $1.82 missed the $1.83 average of two analys...

PS Business Parks press release (NYSE:PSB): Q1 FFO of $1.65 per share; GAAP EPS of $2.60 Rental Income of $112.84M (+4.4% Y/Y). For further details see: PS Business Parks reports Q1 results

PS Business Parks, Inc. (NYSE:PSB), a real estate investment trust (“REIT”), today announced financial and operating results for the quarter ended March 31, 2022. Financial and Operational Highlights for the Three Months Ended March 31, 2022 Net income al...

Elon Musk's acquisition of Twitter announced last Monday was the largest deal announced last week. The spread on the Twitter-Musk deal is 10.57%, indicating that investors are concerned about the deal being consummated. The merger agreement includes a termination fee of $1 billion...

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PS Business Parks (NYSE:PSB) is scheduled to announce Q1 earnings results on Monday, May 2nd, after market close. The consensus EPS Estimate is $1.83 (+9.6% Y/Y) and the consensus Revenue Estimate is $110.56M (+2.3% Y/Y). Over the last 3 months, EPS estimates have seen 0 upward revisions...

U.S. equity markets declined for a fourth-straight week as lukewarm earnings results from mega-cap technology companies and downbeat economic data- including a GDP contraction- raised further concerns about emerging stagflation. Logging its worst month since the depths of the pandemic...

I’m not against buying private real estate, as I have owned my fair share, close to $100 million (held in various partnerships) prior to 2010. While publicly listed REITs provide better liquidity and are ready-made for the average investor, private real estate can oftentimes be...

NEW YORK, NY / ACCESSWIRE / April 29, 2022 / Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: American Campus Communities, Inc. (...