Is Life Storage a Millionaire-Maker REIT?

Matthew Frankel, CFP, The Motley Fool
·3-min read

Life Storage (NYSE: LSI) has only been in existence in its current form for a few years (it was known as Sovran Self Storage until 2016), but in the years since its rebranding, the performance has been strong. Since the renaming was completed in August 2016, Life Storage has delivered a total return of almost 80% to investors. With that in mind, here's a rundown of Life Storage's business and why long-term investors might want to take a closer look.