Q1 Revenue Reaches $281.93M, Exceeds Expectations
Reports Q1 revenue $281.93M, consensus $278.35M. Same-store net operating income, NOI, decreased 1.5% year over year, resulting from a 0.6% increase in revenues and a 5.8% increase in operating expenses. Same-store occupancy averaged 89.0% during the quarter, ending at 89.3%.
