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Extra Space Storage Inc (NYSE:EXR) is attracting attention today, on news that the real estate investment trust (REIT) is acquiring Life Storage Inc (LSI) for $12.7 billion to become the largest U.S.
Extra Space Storage will acquire Life Storage in an all-stock transaction valued at about $12.7 billion creating a storage operator with a total enterprise value of $46 billion and a market capitaliz
LifeStorage (NYSE: LSI ) stock is climbing higher on Monday after Extra Space Storage (NYSE: EXR ) agreed to acquire the company. This agreement has Extra Space Storage exchanging its own shares for s
Here are some of the bigger and more-active stocks for Monday:
Extra Space Storage Inc. EXR, +2.58% said Monday it has agreed to merge with Life Storage Inc. LSI, +2.24% in an all-stock deal with a total enterprise value of about $47 billion. Under the terms of t
The $12.7 billion deal would create the largest storage-facility operator in the U.S. by number of locations.

Like Life Storage? Consider This Stock First

05:47am, Friday, 31'st Mar 2023
National Storage Affiliates Trust is one of the lesser-known self-storage REITs. It uses a unique structure to help it grow.

Sell Alert: 3 REITs Getting Risky

08:05am, Thursday, 30'th Mar 2023
The REIT sector presents historic buying opportunities. But not all REITs are worth buying.

The Fed Disconnect

09:00am, Sunday, 26'th Mar 2023
U.S. equity markets posted gains while benchmark interest rates dipped to the lowest levels of the year as lingering financial stability concerns cast doubt on the Fed's economic and interest-rate pro

The State Of REITs: March 2023 Edition

04:17pm, Monday, 20'th Mar 2023
The REIT sector gave up most of January's big gains in February with a -6.18% total return. Small cap (-7.42%) and mid cap (-6.05%) REITs fell the furthest in February, with micro caps (-5.15%) and la

Life Storage: Merger Play Not Worth It

02:34pm, Thursday, 16'th Mar 2023
Life Storage has declined the merger offer from Public Storage, but given a high potential for synergies, I think there's an increased offer coming. A higher offer will most likely drive the LSI stock

This Time Is Different

09:00am, Tuesday, 14'th Mar 2023
Amid intensifying concerns over the potential fallout from several major tech-focused bank failures, this report examines high-level REIT fundamentals to chart the likely path forward for the real est
Investors who want exposure to real estate, but who don't want to deal with clogged toilets, leaky roofs, and late rental payments often turn to real estate investment trusts, or REITs, which are reli
These three stocks all trade at attractive valuations and could be excellent long-term additions to your portfolio. All are real estate investment trusts, which can be strong income stocks with low vo
Public Storage recently made headlines for the publication of their unsolicited bid to acquire rival, Life Storage. While the offer was rejected, LSI's board hasn't completely ruled out further negoti
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