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Summary U.S. equity markets slumped this week after the Federal Reserve approved another "jumbo" rate hike while lukewarm employment data pushed back the timeline for a potential "pivot" towards less-aggressive tightening. Retreating following its best week since November 2020, th...
Life Storage, Inc. (LSI) Q3 2022 Results Conference Call November 03, 2022 09:00 AM ET Company Participants Alex Gress - Vice President Joseph Saffire - Chief Executive Officer Andrew Gregoire - Chief Financial Officer Conference Call Participants Mic...
Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter ended September 30, 2022. Highlights for the Third Quarter Included : Generated net income attributable to common shareho...
Life Storage ( NYSE: LSI ) said Tuesday it will promote Alexander Gress , VP of finance, corporate planning and investor relations, to CFO once its current CFO Andrew Gregoire retires on Jan. 2. Gregoire will continue to assist the firm to ensure a smooth transition after ...
Andrew Gregoire to Retire as Chief Financial Officer, to be Succeeded by Alexander Gress, Vice President of Finance, Corporate Planning and Investor Relations Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, announced today...
Summary Life Storage acquires and manages self-storage facilities in top U.S. markets, with a particular concentration in Texas and Florida. The company has reported over 20 straight months of positive rent roll-ups while maintaining occupancy levels of over 90%. The overall s...
Summary LSI is operating in a niche market, with significant competitive advantages. LSI enjoys sustained business momentum. It has posted record FFO per unit in each of the last three years. LSI has raised its dividend twice this year, for a total dividend raise of 26%. T...
Summary Self-Storage REITs have defied expectations to the upside as comprehensively as any real estate sector since the start of the pandemic, delivering earnings growth of over 50% since 2019. Incremental storage demand is driven by change- particularly home moving rates and hou...
All 161 of Life Storage's ( NYSE: LSI ) wholly owned and managed properties in Florida, including 72 properties from the Tampa area to the more highly impacted Naples region, are operational, the company said Wednesday. The company is assessing preliminary damage ...
The Company Reports that all Florida Properties are Operational Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, announced today that all 161 of its wholly owned and managed properties in Florida, including 72 properties st...
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Equity LifeStyle Properties Set to Join S&P MidCap 400 Equity LifeStyle Properties Set to Join S&P MidCap 400 PR Newswire NEW YORK , July 19, 2023 /PRNewswire/ -- Equity LifeStyle Properties Inc. (NYSE:ELS) will replace Life Storage Inc. (NYSE:LS...
Extra Space and Life Storage Stockholders Approve Merger PR Newswire SALT LAKE CITY and BUFFALO, N.Y. , July 18, 2023 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) ("Extra Space" or "EXR") and Life Storage, Inc. (NYSE: LSI) ("Life Storage" or "LSI") to...
David Dodman, COO of Life Storage, To Add CFO Responsibilities Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced with great sadness that Alexander Gress, the Company’s Chief Financial Officer, passed ...