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PS Business Parks (NYSE:PSB) said Dan Chandler, III, president and CEO, who has been on medical leave since Jan. 17, will resign for health reasons, effective Mar. 23. Stephen Wilson, who was appointed interim president and CEO, will continue to serve in that role. For further details see: ...
PS Business Parks, Inc. (NYSE:PSB) today announced that Dan “Mac” Chandler, III, the Company’s President and Chief Executive Officer, who has been on medical leave since January 17, 2022, will step down as President and Chief Executive Officer and as a member of the...
Interest rates are finally starting to rise and this article discusses a sector that will benefit. HTGC is currently yielding 11.2% and higher interest rates will likely drive improved margins and dividend increases. More importantly, BDC pricing will likely head higher before add...
PS Business Parks has continued attractive performance from a fundamental perspective. Even so, shares have taken a step back with the broader market and the losses haven't been pretty. This is the downside of a pricey firm, but given the quality of the operation, it is still like...
On the front-lines of the historic supply-chain shortages, Industrial REITs outperformed the broad-based REIT Index for the sixth consecutive year in 2021, but have uncharacteristically lagged in early 2022. Industrial occupancy rates declined to record-lows below 4% despite robust le...
The following slide deck was published by PS Business Parks, Inc. in conjunction with their 2021 Q4 earnings call. For further details see: PS Business Parks, Inc. 2021 Q4 - Results - Earnings Call Presentation
PS Business Parks (PSB) Q4 2021 Earnings Conference Call February 23, 2022, 1:00 PM ET Company Participants Stephen Wilson – Interim President and Chief Executive Officer Adeel Khan – Chief Financial Officer Maria Hawthorne – Interim Chief Operations Officer Conference Ca...
PS Business Parks press release (NYSE:PSB): Q4 FFO of $1.81 beats by $0.01. Revenue of $110.84M (+5.5% Y/Y) beats by $1.03M. For further details see: PS Business Parks FFO of $1.81 beats by $0.01, revenue of $110.84M beats by $1.03M
PS Business Parks, Inc. (NYSE:PSB), a real estate investment trust (“REIT”), today announced financial and operating results for the quarter and year ended December 31, 2021. Financial and Operational Highlights for the Three Months and Year Ended December 31, 2021...
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PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) announced that, at a Special Meeting of Stockholders held earlier today, PSB stockholders voted to approve the acquisition of PSB by affiliates of Blackstone Real Estate (“Blackstone”)....
Healthcare Trust of America & Coca-Cola Consolidated Set to Join S&P MidCap 400; Green Brick Partners to Join S&P SmallCap 600 Healthcare Trust of America & Coca-Cola Consolidated Set to Join S&P MidCap 400; Green Brick Partners to Join S&P SmallCap 600 ...
PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) announced today that it expects to complete its previously announced transaction (the “Transaction”) with affiliates of Blackstone Real Estate (“Blackstone”) on or around ...