REITs

Update 6/15/21 – Gov. Newsom has reduced some of the pricing restrictions that were put in place during the 2020 wildfires. Limitations have concluded in some counties and will end in others in September and December, according to a June 14...

Dean Jernigan, the founder of Jernigan Capital Inc. (JCAP), a merchant bank and advisory firm that also owns self-storage facilities, has sold his waterfront mansion on the Venetian Islands in Miami for $18.35 million. The seller was 1325 NV Way...

Shurgard Self Storage Europe SARL, the European affiliate of U.S.-based real estate investment trust Public Storage Inc., has released financial results for the quarter that ended March 31. In general, the company showed gains in key areas...

The five largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc., National Storage Affiliates Trust and Public Storage Inc.—have released financial statements...

Personal Mini Storage, which operates 45 self-storage locations in 18 Florida cities, has re-opened its property at 800 N. Spring Garden Ave. in Deland, Fla., which was hit by a Tornado last summer. The leasing office and two storage buildings...

Update 3/19/21 – The merger between SSSR and SST IV has closed. The consolidated portfolio consists of approximately 22,500 storage units and six joint-venture properties...

The top shareholder for self-storage real estate investment trust (REIT) Public Storage Inc. was recently named in a list of America’s 20 wealthiest women. Tamara Gustavson, 60, the daughter of company cofounder B. Wayne Hughes, has an estimated...