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2023-05-16 00:17:48 ET Summary Life Storage recently announced a merger with Extra Space Storage. This is going to make EXR the biggest player in the self storage market with 12% of the market share. As the EXR shares that LSI shareholders will receive offer little upside, I r...
2023-05-04 08:05:00 ET Summary Many REITs are today very opportunistic. But not all of them are. We present 2 popular REITs that we would avoid. I am very bullish on REITs ( VNQ ) and these are not empty words as I have about half of my net worth invested in them: ...
2023-05-03 15:12:04 ET Life Storage, Inc. (LSI) Q1 2023 Results Conference Call May 3, 2023 09:00 AM ET Company Participants Brent Maedl - Manager of Investor Relations Joe Saffire - Chief Executive Officer Alex Gress - Chief Financial Officer Conference Ca...
2023-05-02 16:14:05 ET Life Storage press release ( NYSE: LSI ): Q1 FFO of $1.63 beats by $0.01 . Revenue of $273.6M (+17.2% Y/Y) beats by $9.13M . FY23 Adjusted Funds from Operations per Share of $6.75 - $6.95, vs. consensus of $6.93 Q2 Adjusted Funds from...
Life Storage, Inc . (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter ended March 31, 2023. Highlights for the First Quarter Included : Generated net income attributable to common shareholders of $81.6 mill...
Extra Space Storage Inc. Reports 2023 First Quarter Results PR Newswire SALT LAKE CITY , May 2, 2023 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a const...
2023-04-25 10:00:00 ET Summary Real estate earnings season kicks into gear this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. This report discusses the major high-level themes and metrics we'll...
NEW YORK, NY / ACCESSWIRE / April 14, 2023 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Univar Solutions Inc. (NYSE:UNVR)'s ...
NEW YORK, NY / ACCESSWIRE / April 12, 2023 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Triton International Limited (NYSE:T...
2023-04-12 14:32:06 ET Summary Life Storage, Inc. is a self-storage company that owns and operates over 900 self-storage facilities in the United States. The company is being acquired by Extra Space Storage Inc., which will pay 0.895 EXR shares per share of Life Storage. The t...
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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 ...