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SkyView Advisors Self Storage Industry Report Q2 2017

SkyView Advisors Self Storage Industry Report Q2 2017
Posted: 8/15/2017 Link: SkyViewAdvisors.com
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Q2 has wrapped up and most REITs are pleased with their overall performance, with the exception of Life Storage (LSI) who may be facing challenging comparables for the remainder of the year. LSI's same-store revenue growth was at a low 1.4%, the lowest percentage growth of the quarter compared to other REITs. Taking the lead with the highest revenue growth of Q2 would be National Storage Affiliates (NSA) at 5.8%, and Extra Space (EXR) trailing behind by just 0.5%. Occupancy rates remain near peak levels throughout all five major REITs.

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