Departments: REIT Snapshot
There’s a catchphrase at Urstadt Biddle that underscores its vision: Little is lovely, profits are sanity, and size is vanity.
As the self-storage industry becomes increasingly sophisticated and competitive, Sovran Self Storage, Inc. believes it will be able to maintain a leading position in the sector by remaining focused on upgrading its portfolio and investing in technology.
After starting life in 1984 when brothers Sam and Van Kolias purchased a single 16-unit apartment property, Boardwalk REIT has evolved into one of Canada’s major apartment operators, with more than 35,000 units located across the provinces of Alberta, Saskatchewan, Ontario and Quebec.
RLJ Lodging Trust is taking on an agressive capital recylcing program. The hotel REIT sold a dozen assets in the first quarter of 2014 and is looking to boost its presence in ports of entry for international travelers.
Since the purchase of a single hotel in Harrisburg, Pa., in 1984, a guiding notion has led Hersha Hospitality Trust (NYSE: HT) to where it is today—that upscale hotel accommodations don’t need to include a full range of services.
The list of amenities and social experiences offered at purpose-built student housing communities is a far cry from what many people associate with their college years.
Cedar hired Bruce Schanzer as the company’s president and CEO, and upon taking the helm, it was apparent to him that Cedar needed to redefine its strategy.
For First Capital Realty, the common creature comforts of day-to-day life are what drives its business.
Amy Tait leads Broadstone on its ever-growing path.
Alan Gold breathed life into a then-underserved sector of the