Updated Wednesday, April 16, 2014 as of 6:11 AM ET
Portfolio - REITs
REITs Perform Well Despite Housing Market Woes
by: Elizabeth Wine
Wednesday, February 13, 2013

Self-storage leaders like Extra Space, with stock that rose around 45% last year, have capitalized on technology to gain occupancy and push rental rates higher on existing tenants, scoring healthy same-store revenue with little expense growth. The company has done so well it's been able to buy out some of its joint venture partners and buy new properties. Its secret is being more aggressive on pricing than smaller privately held competitors.

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