Tag: Quarter
First Quarter (Q1) Results for Absolute Storage Management
Absolute Storage Management (Absolute), a leading third-party management company for self-storage facilities in the United States, announced operating results for the three months ended March 31, 2022. 2022 Highlights for Three Months Ended March 31, 2022:· Increased same-store revenue by 18.3% vs. the same period in 2021.· Maintained Square Ft. and Unit Occupancy vs. the same period in 2021.· Ended the period with 21% increase in GPI vs. the same period in 2021.· Acquired nine (9) management contracts: four (4) operating facility and five (5) facilities at the completion of construction. Absolute’s 2022 same-store pool consists of 72 stabilized properties ... Read more