Contributing Editors



Hurricane Irene Affects ExtraSpace Storage -- and the Stock Market

by Holly Robinson August 29, 2011 3:12 PM
Extra Space Storage spokesman, Clint Halverson, reported that approximately one-third of their properties and customers were located in areas hit by Hurricane Irene. It is too early just yet to tell the extent of the damage done to any of their storage facilities. [More]

As More People Rent Than Buy, Apartment and Self Storage REITs Enjoy Market Strength

by John Stevens April 28, 2011 6:25 AM
The stellar growth of both apartment and self storage real estate investment trusts (REITs) translates into a sure sign that the U.S. housing market is still in a slump. Analysts are noting a strong historical correlation between revenue growth with storage REITs like Public Storage and revenue growth with the apartment REITs. [More]

Self Storage Hangs Tough Through Recession, With Industry REITS Surpassing General REIT Sector

by John Stevens April 14, 2011 12:57 PM
As many industries have been battling to survive through the recession, self storage has made impressive, steady gains that investors are getting excited about. Once mostly fueled by lifestyle changes such as divorce, death or moving, self storage is being used by a much broader range of people and for a wider range of circumstances. As a result, the four publicly traded self storage REITs generated total returns of about 30 percent last year, with the first quarter of 2011 exhibiting similar strength at about 10 percent. [More]
 1