Metro Loft Developers LLC, headed by Nathan Berman, is partnering with Silverstein Properties to raise $1.5 billion in equity to start SilverLoft, an engine for years of conversions, beginning with 55 Broad. Metro Loft and Silverstein have...

The FTSE All Equity REIT Index total returns rose more than 10 percent in January.

Historically, companies ramp up restructuring after large economic shocks with an eye toward labor-saving technologies.

The deal values Life Storage at about $11 billion, or $129 a share — about 17 percent above its closing price of $110.58 on Friday.