REITs in the Community: Rep. Moore visits Extra Space Storage

05/09/2023 | by

May 8, 2023 – Rep. Blake Moore (R-UT) visited the headquarters of Extra Space Storage (NYSE: EXR) in Salt Lake City, UT. The Congressman, a member of the House Ways & Means Committee, met with CEO Joe Margolis and discussed the company’s presence across North America and recent growth. Additionally, the Congressman provided his thoughts on legislative action in the 118th Congress.

Contact: Robert Dibblee at rdibblee@nareit.com.

Get Nareit Developments blog posts delivered straight to your inbox.

You Might Also Like...

What's a REIT?

REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. These real estate companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors.

Why Invest in REITs

REITs historically have delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation. Their comparatively low correlation with other assets also makes them an excellent portfolio diversifier that can help reduce overall portfolio risk and increase returns. These are the characteristics of real estate investment.

About Nareit

Nareit serves as the worldwide representative voice for REITs and real estate companies with an interest in U.S. real estate. Nareit’s members are REITs and other real estate companies throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses.