5 High Growth Real Estate Stocks that are Profitable

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In this article, we will take a look at the 5 high growth real estate stocks that are profitable. To see more such companies, go directly to 12 High Growth Real Estate Stocks that are Profitable.

5. Life Storage, Inc. (NYSE:LSI)

Number of Hedge Fund Holders: 27

New York-based Life Storage, Inc. (NYSE:LSI) invests in self-storage units. Life Storage, Inc. (NYSE:LSI) is in the limelight after the company received an unsolicited $11 billion acquisition offer from Public Storage.

In November, Life Storage, Inc. (NYSE:LSI) posted its third-quarter results. Life Storage, Inc. (NYSE:LSI)’s FFO in the third quarter came in at $1.73, beating estimates by $0.07. Revenue in the quarter increased by 31.1% on a YoY basis to total $272.95 million, beating estimates by $7.75 million. Life Storage, Inc. (NYSE:LSI) said its same store revenue increased by about 14.9% while its same store net operating income saw an increase on 18.4% on a YoY basis.

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