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Analyst
Omotayo Okusanya
Period: Reporting periods mapped to calendar 2024 Q4 – 2026 Q2 (7 quarters).
- Questions
- 81on tracked calls
- Challenge rate
- 10%8 of 81 questions
- Companies
- 18questioned at least once
- Reporting periods
- 7with questions
These figures cover the whole profile: every tracked question, all reporting periods.
How to read these numbers
Challenge rate is the share of questions that pushed back, pressed for specifics or questioned management’s assumptions. It describes how questions were asked on the calls tracked here; it does not measure whether any view turned out to be right.
Rounding. Rates are rounded to whole percentages, so a small share can show as 0% even when some questions were challenging. The count beside each rate is exact; “none of N questions” means no question was challenging.
No questions recorded. “—” means there is nothing to calculate: no questions were recorded for that period on the calls tracked here. It does not mean there was no activity.
Fewer than 3 questions. A company-level rate is withheld when fewer than 3 questions were recorded for that company; the questions are still counted everywhere else.
Small samples. Profiles with fewer than 10 questions are marked Limited sample.
Reporting periods. Questions are grouped by the calendar quarter each company’s fiscal reporting period maps to, not by the date of the call. Periods without a calendar mapping are listed separately under their fiscal label.
Questions asked
Grouped by company, most questions first. Open a company to read its questions, newest reporting period first.
Showing 81 of 81 questions from 18 companies
DOCHealthpeak Properties10 questions · 5 reporting periods · 1 of 10 challenging
Calendar 2026 Q1
curious if we just kind of conceptualize what's happening in terms of that kind of people activity. And also, if you could just talk a little bit about kind of economics, whether it's kind of chang...
Show response
Okusanya asked about post-quarter leasing momentum and whether economics have changed. Brinker said Q1 is always the lightest quarter, outpatient spreads remain strong at 5-6% with modest TIs, lab pipeline is broad-based with strong leasing economics.
Calendar 2025 Q4
what are you seeing versus, like, they they kind of exiting and you're kind of doubling down
Show response
Brinker said sellers need to raise capital for development pipelines while Healthpeak is being opportunistic with strong balance sheet. High single-digit unlevered returns expected at stabilization.
is it just senior housing stuff? And the scene and then the skilled nursing and the memory cares to kinda remain
Show response
Brinker confirmed all senior housing including CCRC campuses go to Janus Living. Campuses cannot be broken up. Healthpeak retains stock ownership and management contract.
Calendar 2025 Q2
I'm trying to still understand the slowdown in cash same-store NOI growth this quarter
Show response
Brinker said the FFO accounting for entry fee amortization masks the true cash growth rate of 20-25%. Record leasing results and cash flow generation continuing.
how do you kind of take a look at cash burn percentage of cash they have on your books relative to cash burn?
Show response
Moses described granular tenant-level cash runway analysis using both historical data and forward-looking estimates communicated directly by tenants.
Calendar 2025 Q1
for the new leases in the quarter, the weighted average lease term was like 58 months-or-so. That number is really almost double that
Show response
Bohn said five-year average is consistent with 2024 norms. Quarterly variations are normal given chunky deal sizes.
I take a look at your leasing volumes, and it sounds like things actually accelerating in 2Q relative to 1Q
Show response
Brinker confirmed seasonal Q1 weakness pattern with acceleration into Q2, but cautioned against expecting massive turnaround given funding environment.
The redevelopment bucket for other redevelopment, that amount increased this quarter, I know you have 16 projects versus 12 last quarter
Show response
Brinker detailed three new projects added, two lab and one other, totaling 130K sqft and $40M. All 100% pre-leased with Q4 lease starts.
Calendar 2024 Q4
In the 2025 guidance, are there any additional merger-related synergies beyond the $50 million that's in that number or not?
Show response
Pete Scott noted run rate will reach $60-65M by year-end 2025, with ~$0.01 incremental benefit in 2025 guidance. Direct synergies mostly captured by year-end.
any more repayments as we kind of think about the rest of the year that may be a drag on earnings this year just kind of given some of the high interest rates
Show response
Pete Scott doesn't expect significant loan repayments in 2025. Seller financing on large outpatient sale unlikely to be repaid this year.
EXRExtra Space Storage9 questions · 5 reporting periods · 2 of 9 challenging
Calendar 2026 Q2
curious if you could share any thoughts, just July, beginning of 3Q, and the kind of some of the operating trends
Show response
Norman gave a specific month-to-date read against internal expectations rather than deferring to the next quarter.
again, increasing store count, but you guys slightly reduced guidance on management fees. Is anything changing there?
Show response
Springer attributed the trim to a single portfolio sale in early July and confirmed no change to third-party management economics.
Calendar 2025 Q3
was that -- is that like a broad-based R&M across the entire portfolio? Was it more concentrated on the LSI portfolio
Show response
Jeff confirmed outsized R&M from legacy LSI catch-up maintenance, expected to normalize. General philosophy remains investing to protect asset long-term value.
could you just kind of talk a little bit about kind of what you're still seeing out there, ability to kind of put money to work and kind of at what kind of yields?
Show response
Joe noted shift from new-development CO payoffs to equity buyouts and bridge-to-sale. YTD $330M+ originations. A-notes avg ~7.6%, mezz ~11.3%. Goal: steady balances, shift mix toward more B-notes.
Calendar 2025 Q2
when we kind of start to see maybe some better earnings growth going forward, I mean, does that have to boil down to street rates moving up even more aggressively
Show response
Joe listed multiple drivers but acknowledged timing is TBD. Jeff added housing analogy: not necessary but would accelerate pace. Cadence dictated by environmental conditions.
Calendar 2025 Q1
you almost doubled your acquisition outlook, but you still kind of kept guidance the same. Can you just walk us through a little bit of that train of thought?
Show response
Scott explained: $17M equity earnings decline ($10M SmartStop preferred repayment + $7M shifted to non-same-store NOI from JV buyouts) offsets acquisition increase.
ECRI trends in 1Q. Could you just talk a little bit about exactly how much you increased ECRIs?
Show response
Joe confirmed no change to ECRI program or customer behavior in response; move-outs tracked monthly remain very steady with no increase.
Calendar 2024 Q4
your 2025 guidance relative to our expectations seems a little bit high. So curious if there's anything going on in regards to, like, swap maturities
Show response
Scott explained maturing swapped loans being refinanced at market rates, plus increased debt for investment activity and bridge loans. Forward curve used for modeling.
how you're underwriting that program, two, whether it changes your appetite to take some of that property risk on through your insurance program.
Show response
Scott described active shopping across London/Bermuda exchanges, added vendors from LSI stores, open to taking some risk with pricing evaluated multiple ways.
VTRVentas9 questions · 6 reporting periods · 3 of 9 challenging
Calendar 2026 Q2
it feels like the market is rewarding the names who are getting bigger faster in shop, if I may use those words.
Show response
Cafaro defended the organic-plus-programmatic strategy and the 60% SHOP target but did not engage on transformative M&A specifically.
Calendar 2025 Q4
how should we think about the cadence of deals for the remainder of the year
Show response
Probst said ratable deal cadence through the year is a good modeling assumption.
Calendar 2025 Q3
can you guys provide an update on the performance update on the 27 assets that have been converted from Triple-Net to SHOP
Show response
Hutchens said 27 of 45 transitioned as of October, performing well with NOI approximating run rate. Strong engagement between local teams and new operators with lots of enthusiasm.
Calendar 2025 Q2
why that does not translate to also the high end of guidance being increased. I think in 2 quarters in a row now, you've raised the low end
Show response
Probst explained H2 FFO growth is SHOP-driven, partially offset by refinancing at higher rates and post-acute dispositions headwind. Upside would come from SHOP.
big disparity in regards to SHOP growth in U.S. and Canada this quarter, in particular, I mean Canada occupancy is already at 96.5%
Show response
Hutchens pointed to Le Groupe Maurice at 98%+ as proof Canada can grow further. AL lease-up with Sunrise adds higher RevPOR, and pricing improving.
Calendar 2025 Q1
there's some concern just around same store NOI growth kind of slowing this quarter relative to the 15% plus you've kind of been putting up
Show response
Probst said Q1 was above internal expectations. Second half expected stronger on YoY basis than first half, with key selling season as the determinant.
with this potential change in NIH funding where the indirect cost match from the federal government can get capped at 15%
Show response
Cafaro said proposal is on hold. If enacted, mid-single-digit impact to university research budgets, manageable given AA credit ratings and 9-10 year lease walls.
Calendar 2024 Q4
looking at the quarter, some occupancy declines, it appears. But in your 2025 guidance, you have pretty strong same-store NOI growth
Show response
Management gave clear data on leasing momentum: 15% more in 2024, 34% of 2025 plan done by mid-February, supporting occupancy and NOI gains.
what Ventas OI is telling you guys in regards to strategically you should be doing anything different to kind of capitalize on those demographic tailwinds
Show response
Hutchens described Ventas OI as hyper-locally focused for investment, disposition, and asset decisions, but gave general platform description rather than specific new strategic shifts.
AREAlexandria Real Estate Equities7 questions · 4 reporting periods · 0 of 7 challenging
Calendar 2025 Q4
does it all basically boil down to just leasing around these assets to determine whether you kind of proceed
Show response
Joel emphasized the evaluation is multifactorial including submarket prospects, asset nature, competitive product, and overall variability analysis, not solely dependent on leasing.
Could you talk a little bit just about what's happening with that pool of tenants
Show response
Joel attributed tenant wind-downs to the fifth year of the bear market: fewer companies formed, more wound down, and bankers took too many companies public during the heyday. Marc added that clinical milestone failures and shorter capital runways from investors are key drivers.
Calendar 2025 Q2
what else you're kind of considering at this point to kind of create shareholder value from them
Show response
Joel noted Mission Bay as an example where AI companies are absorbing space originally planned for lab, representing a new generation of tech demand similar to big tech demand in 2015-2020.
have you discussed at all what the building costs could look at and what potential yields could look like
Show response
Joel deferred building cost and yield details to future disclosure.
Calendar 2025 Q1
there was a statement that one of the reasons why it's declining is there are certain future projects that may no longer qualify
Show response
Marc clarified one SF project nearing completion may pause capitalization, but 70% of the $20M cap interest change was from the future land bank pausing activities.
the ad tech piece of your business and if there's anything unique happening in the Research Triangle
Show response
Joel explained ag tech VC funding surged pre-COVID but hasn't recovered, hampered by no SPAC/IPO exits and dominant incumbent distribution. Hallie noted RT's biomanufacturing history positions it for onshoring.
Calendar 2024 Q4
help us walk through the $32 million in expected savings at the midpoint. How quickly that could potentially happen
Show response
Marc pointed to Q4 run rate as evidence the 2025 G&A savings target is achievable, and noted $200M buyback already at high end of opportunistic capital guidance.
PSAPublic Storage5 questions · 3 reporting periods · 0 of 5 challenging
Calendar 2025 Q2
if you can kind of talk about what's happening in those markets. Is it just kind of boil down to less supply through the cycle?
Show response
Joe attributed outperformance to supply constraints, less cycle volatility, inherent economic activity, and positive housing dynamics in those markets.
if you've kind of seen any change in behavior, anything that kind of supports this idea of we're kind of getting closer to demand stabilization
Show response
Tom pointed to improving conversion across channels as evidence of growing customer interest and willingness to transact.
Calendar 2025 Q1
Just curious as you guys pull your tenants about why they're moving in? Any sense just in regards to all the other typical drivers
Show response
Tom noted housing-driven move-ins are only 15% of activity; the other 85% is broad-based and has seen improvement off the bottom.
You guys seem to still be using street rates or using street rates in a different way to maximize revenue
Show response
Tom emphasized PSA optimizes for revenue, not a rate or volume discussion. Net contract rents gained from Q1 move-ins were down only 2.3%, an improvement from Q4.
Calendar 2024 Q4
Consumer sentiment data came out today, pretty weak. A lot of retailers this week have kind of been talking about kind of a softer consumer
Show response
Tom noted storage customers have been among the strongest cohorts in recent years despite retailer complaints about soft consumers, and storage remains resilient.
SPGSimon Property Group5 questions · 5 reporting periods · 1 of 5 challenging
Calendar 2026 Q2
trying to understand a little bit better why that particular category is doing well
Show response
Eli attributed jewelry and watch strength to both uber-luxury demand exceeding supply and new entrants at more affordable price points with attractive stores, and Brian added that U.S. outperformance is drawing luxury retailers' newest product to the market.
Calendar 2025 Q4
Just curious as you're looking globally what you're seeing out there and we should kind of be thinking about that in '26
Show response
Eli said acquisitions must be brand-accretive and at right price. David noted redevelopment pipeline is so exciting that acquisition bar is very high. Boca alone could be $500M. Nashville another $500M.
Calendar 2025 Q3
I'm just kind of curious if there's opportunities to kind of monetize that
Show response
David praised Catalyst team's work at JCPenney, Aeropostale, Brooks Brothers, Lucky. In good stead for now. De-minimis change helped domestic brands. Value is the key for all consumers.
Calendar 2025 Q2
Curious why you guys decided the best thing to do was the secured loans at 5.84%
Show response
David clarified secured loans are for JV properties, not corporate debt. Brian confirmed 10-year unsecured at about 5% in line with market. JV financing done separately from corporate balance sheet.
Calendar 2025 Q1
I wonder if you could just talk a little bit about what that market looks like today, any big change in terms of LTVs
Show response
Brian said $1.6B unsecured maturities to refinance in 2025. CMBS, life companies, and others looking to deploy capital. Rolling over debt, not extracting proceeds. S&P upgrade cited.
Show 12 more companies
WELLWelltower5 questions · 5 reporting periods · 0 of 5 challenging
Calendar 2026 Q2
I’m just trying to understand how you’re finding these opportunities at really good returns
Show response
Mitra credited land assemblage inherited via the Amica and Barchester acquisitions and disclosed impairments on abandoned land pursuits.
Calendar 2026 Q1
are you still seeing opportunities to bring more operators into the fold or does the strategy really become doubling down
Show response
Mitra stated unequivocally that the number of operating partners is shrinking as they double down on existing relationships. Cultural alignment is the most important factor. Occasional additions like Amica when stars align, but goal is deeper concentration with existing partners.
Calendar 2025 Q4
could you just help us understand at this point how large the non-same-store pool is, some general characteristics of that pool
Show response
Tim confirmed same-store is just over half of total, non-same-store growth consistent with same-store, and non-same-store is lower occupied and heavier UK-weighted due to back-half 2025 acquisitions.
Calendar 2025 Q3
how do you kind of just see all that fitting together? And exactly what does that set you up for going forward?
Show response
Shankh detailed how reducing latency drives network effects: prospect response time from 2 days to single-digit minutes, room turn from 37 to 11 days, citing Newton's law of gravitation for team proximity.
Calendar 2025 Q2
What's the additional kind of in you know, step you're trying to take in that regard
Show response
Shankh highlighted zero insider stock sales and described extending alignment model to operating partners and frontline workers through sixth-gen partnership agreements.
FRTFederal Realty Investment Trust4 questions · 4 reporting periods · 0 of 4 challenging
Calendar 2026 Q1
Dan just quick comments around the occupancy rates again in 1Q for the comparable occupancy 94.1%, and I think we're all kind of expecting something in the mid-80s clearly, again, better leasing.
Show response
Q1 occupancy outperformance and trajectory for rest of year
Calendar 2025 Q3
Could you talk a little bit about the $150 million acquisition that's still meant to happen by year-end?
Show response
Management confirmed similar market to Leawood at consistent returns. Off-market transaction in a top metro with dynamic employment, dominant position, and unmet retail demand. Details to come upon closing.
Calendar 2025 Q2
how large you think multifamily can get in your overall portfolio
Show response
CEO said residential stays around 10-11% of income. Strategy is to develop, stabilize, then monetize peripheral residential to recycle capital into retail growth. FRT is primarily a retail company.
Calendar 2024 Q4
wanted to talk a little bit about kind of on a qualitative perspective, other things we're doing with lease terms versus retailers
Show response
EVP Leasing Wendy Seher highlighted strategic merchandising focus and linking option exercises to sales performance thresholds, giving FRT more control over tenant quality and rent growth.
ORealty Income4 questions · 4 reporting periods · 0 of 4 challenging
Calendar 2026 Q2
could we see that also manifest itself as kind of new JVs or doing more with your current JV partners
Show response
Roy clarified recycling is about selling mispriced assets and redeploying, not forming additional JVs.
Calendar 2025 Q4
how you guys are thinking through the use of AI in the business and how, if I may use the word, AI competency or supremacy could create additional competitive advantages
Show response
Roy emphasized data infrastructure as the foundation, describing ongoing data lake organization to enable AI across sourcing, underwriting, and asset management, believing Realty Income is best positioned among peers.
Calendar 2025 Q1
is there a big difference between retail parks in the UK versus kind of traditional big box retail in the US
Show response
Roy highlighted net-lease-like CapEx sharing, 95-96% EBITDA margins, and tenant base that has already adapted to omnichannel with top grocers doing 75% of online grocery.
Calendar 2024 Q4
could you talk a little bit about how you're looking at that? From the US, the rest of Europe perspective
Show response
Roy confirmed European portfolio is clean with no watch list names, with two intentional acquisitions (Corporate Ride, Homebase) resolved with strong recapture.
VMRKVivmark Residential4 questions · 3 reporting periods · 1 of 4 challenging
Calendar 2026 Q1
Just curious if that's just really being driven more by just expense reimbursement
Show response
Bret cited higher RUBS income, bad debt improvement of 10bps, positive trends in storage and on-site ancillary charges, and continued bulk WiFi rollout from 2025. Multiple sustainable drivers contributing to 60bps other income contribution in the quarter.
Calendar 2025 Q3
any other levers that can be pulled in that area to kind of contain operating expense growth?
Show response
Michael emphasized operational excellence is ongoing pursuit wired into company DNA. Continuing automation and centralization initiatives. Bret highlighted utility costs as area with improvement opportunity through best practices. AI and technology initiatives continuing to drive efficiencies.
if there are any states or counties that you're kind of watching for anything on any kind of ballot that could have an impact on your rent practices?
Show response
Mark highlighted California zoning reform and bipartisan Senate housing bill as positives. For NY, engaging Mamdani campaign through trade associations on housing supply message. Only small percentage of NY portfolio subject to rent stabilization. Seattle mayoral election next week important for continued quality-of-life progress.
Calendar 2024 Q4
Wondering if you could talk a little bit to that, just around the comfort of doing dilutive deals, at least in the first year?
Show response
Mark noted NFFO is before CapEx, sold assets are 35 years old with much higher CapEx needs. On an AFFO/IRR basis, the trades may be accretive immediately.
BXPBXP, Inc.3 questions · 3 reporting periods · 0 of 3 challenging
Calendar 2025 Q2
If we do end up with Mamdani as Mayor, how do you think that kind of changes regulation as it impacts kind of CRE development
Show response
Owen acknowledged some Mamdani policies are unconstructive for CRE but noted Albany controls MTA, port authority, and tax policy. Hilary pointed to investment-grade tenant committing to a 20-year term as evidence businesses plan beyond mayoral terms.
Calendar 2025 Q1
I'm curious for us to flip that around and kind of hear from you in terms of opportunities where you could actually have better numbers
Show response
Doug identified Manhattan portfolio and Embarcadero Center in SF as sources of potential upside if leasing velocity on vacant space exceeds plan. Noted no signs of client hesitancy to date despite macro concerns.
Calendar 2024 Q4
how you think about balancing the certainty of renewal today versus maybe, again, waiting six to nine months where the leasing environment may feel a little bit better
Show response
Doug stated BXP never market-times and always engages constructively with interested clients. Eliminating downtime is a value that can be split with the renewal. They aim to be commercial and thoughtful without being greedy.
KIMKimco Realty3 questions · 3 reporting periods · 0 of 3 challenging
Calendar 2026 Q2
walk us through the back half, the acceleration as expected on a year-over-year basis. Is it just easier comps?
Show response
Glenn tied the back-half acceleration to lapping 2025 bankruptcies (Party City, JOANN's, Big Lots), implying mid-3% to just over 4% NOI growth in Q3 and Q4.
Calendar 2025 Q2
investors are still pretty worried about the retail outlook and the implications for shopping centers going forward. I just wanted to ask you guys, do you think that's valid?
Show response
Flynn acknowledged negative news cycle overhang but cited Kimco as 1 of only 2 companies with 5%+ FFO growth last year, midpoint raised to 5%+ again this year. Private markets recognize cash flow growth and deploying capital aggressively into sector.
Calendar 2024 Q4
you just talk about, you know, the probability that you guys could do something of that nature as well, whether it's something Albertsons like
Show response
Flynn acknowledged limited current dislocation opportunities but emphasized balance sheet strength positions them for next cycle. Noted troubled retailers lack owned real estate, limiting Albertsons-style opportunities.
MAAMid-America Apartment Communities3 questions · 2 reporting periods · 0 of 3 challenging
Calendar 2025 Q3
if there's anything on any ballot in any of the key states that you're kind of watching that could have implications for your operating performance going forward?
Show response
Rob DelPriore confirmed 90% of NOI in states with state-level rent control prohibitions. Not seeing anything on rent control in MAA markets. Some pushback nationally against rent control as a solution to affordability. Monitoring but not concerned. Direct.
Calendar 2024 Q4
how real could it actually be and, you know, how do you kind of start thinking about maybe, again, opportunities to kind of buy things
Show response
Brad acknowledged limited distress opportunities. Focus remains on lease-up properties where sellers prefer early exit. Getting assets at ~6% yields, 15-20% below replacement cost. Some distress possible in older assets with maturing debt. Direct.
What you are seeing in terms of that, whether it is kind of gotten worse or gotten better
Show response
Tim: Atlanta delinquency now consistent with portfolio average. Machine learning and corporate-level training for fraud prevention. Preventative measures initially hurt occupancy but paying off with lower bad debt. Not much of an issue. Direct.
REGRegency Centers3 questions · 3 reporting periods · 0 of 3 challenging
Calendar 2026 Q2
Curious how you are thinking about further consolidation amongst the public names in this space.
Show response
Palmer said Regency evaluates single assets, portfolios, and whole companies on the same accretion test and has the balance sheet to act, without commenting on specific consolidation prospects.
Calendar 2026 Q1
how do you think about still being able to outperform peers?
Show response
Lisa cited long-term track record: at or near top of sector in same-property NOI growth over 5-10 years using less capital. Four strategic advantages: portfolio quality, development platform, balance sheet, and team. Expressed 100% confidence in continued sector-leading performance.
Calendar 2025 Q4
what commentary you're hearing from your tenants just about the ongoing situation with tariffs
Show response
Alan cited essential retail insulation and time-tested operators who are agile. Many tenants already diversified supply chains. Gave restaurant example of switching to local wine/food for cost control. No read-through to business impact.
CPTCamden Property Trust2 questions · 2 reporting periods · 0 of 2 challenging
Calendar 2025 Q3
if you seen any really big differences in performance in regards to your Class A versus your Class B or your urban versus suburban assets?
Show response
Jessett explained Class A and urban outperformance is supply-driven. First wave of supply was urban-focused and now largely absorbed. Second wave is suburban-focused, pressuring suburban B assets where most Camden B properties are located.
Calendar 2025 Q2
just trying to understand a little bit better why you're expecting acceleration
Show response
Jessett emphasized acceleration is modest: 70bp Q2 to just under 1% Q3. Q4 similar to Q2. Noted Camden setting records for absorption. Supply coming down rapidly positions for pricing power improvement through year-end.
ESSEssex Property Trust2 questions · 2 reporting periods · 0 of 2 challenging
Calendar 2025 Q4
I wondered if you could talk a little bit about technology initiatives you guys are still undertaking to help with things like customer satisfaction, customer retention, rent growth, operating expe...
Show response
Asked about technology initiatives for customer satisfaction, retention, rent growth, and expense management and what benefits are built into 2026 guidance.
Calendar 2024 Q4
can you talk exactly about why you decided at this point to charge it off? Is it purely an accounting thing
Show response
Barb explained Essex historically used cash-basis accounting, accrued small amounts during COVID, and now returned to conservative cash policy after four years.
UDRUDR, Inc.2 questions · 2 reporting periods · 0 of 2 challenging
Calendar 2026 Q1
are there any real concerns that some of that could impact how the business is run going forward, or does it feel like a lot of noise
Show response
Chris said too early to assess federal-level impact. Focused on tangible local measures: Massachusetts, Salinas CA, NYC, D.C. proper. Formed ownership groups and contributed funds with peers. Governmental affairs team monitors all levels. Toomey proud of industry educating politicians that capital makes better homes and shouldn't be threatened.
Calendar 2024 Q4
I'm just kind of curious how you guys think about that as an opportunity, especially given you already in kind of some of the key FFR markets
Show response
Tom noted townhome is a familiar product (85 homes at Vitruvian Dallas) but density is preferred for capital efficiency.
AVBAvalonBay Communities1 question · 1 reporting period · 0 of 1 challenging
Calendar 2025 Q4
how quickly you still think you might be growing over the next kind of 1 to 3 years
Show response
Ben Schall described expansion market growth as a multiyear journey, having been active for 7+ years. Pace will depend on market conditions and opportunities.
Challenge rate by company
Every company this analyst questioned, most questions first. A company-level rate is shown from 3 questions; below that it is withheld.
| Company | Questions | Challenge rate |
|---|---|---|
| DOC Healthpeak Properties | 10 | 10%1 of 10 questions |
| EXR Extra Space Storage | 9 | 22%2 of 9 questions |
| VTR Ventas | 9 | 33%3 of 9 questions |
| ARE Alexandria Real Estate Equities | 7 | 0%none of 7 questions |
| PSA Public Storage | 5 | 0%none of 5 questions |
| SPG Simon Property Group | 5 | 20%1 of 5 questions |
| WELL Welltower | 5 | 0%none of 5 questions |
| FRT Federal Realty Investment Trust | 4 | 0%none of 4 questions |
| O Realty Income | 4 | 0%none of 4 questions |
| VMRK Vivmark Residential | 4 | 25%1 of 4 questions |
- DOCHealthpeak Properties · 10 questions10%1 of 10 questions
- EXRExtra Space Storage · 9 questions22%2 of 9 questions
- VTRVentas · 9 questions33%3 of 9 questions
- AREAlexandria Real Estate Equities · 7 questions0%none of 7 questions
- PSAPublic Storage · 5 questions0%none of 5 questions
- SPGSimon Property Group · 5 questions20%1 of 5 questions
- WELLWelltower · 5 questions0%none of 5 questions
- FRTFederal Realty Investment Trust · 4 questions0%none of 4 questions
- ORealty Income · 4 questions0%none of 4 questions
- VMRKVivmark Residential · 4 questions25%1 of 4 questions
Show all 18 companies
| Company | Questions | Challenge rate |
|---|---|---|
| BXP BXP, Inc. | 3 | 0%none of 3 questions |
| KIM Kimco Realty | 3 | 0%none of 3 questions |
| MAA Mid-America Apartment Communities | 3 | 0%none of 3 questions |
| REG Regency Centers | 3 | 0%none of 3 questions |
| CPT Camden Property Trust | 2 | —Rate withheld: fewer than 3 questions |
| ESS Essex Property Trust | 2 | —Rate withheld: fewer than 3 questions |
| UDR UDR, Inc. | 2 | —Rate withheld: fewer than 3 questions |
| AVB AvalonBay Communities | 1 | —Rate withheld: fewer than 3 questions |
- BXPBXP, Inc. · 3 questions0%none of 3 questions
- KIMKimco Realty · 3 questions0%none of 3 questions
- MAAMid-America Apartment Communities · 3 questions0%none of 3 questions
- REGRegency Centers · 3 questions0%none of 3 questions
- CPTCamden Property Trust · 2 questions—rate withheld: under 3 questions
- ESSEssex Property Trust · 2 questions—rate withheld: under 3 questions
- UDRUDR, Inc. · 2 questions—rate withheld: under 3 questions
- AVBAvalonBay Communities · 1 question—rate withheld: under 3 questions
Activity by reporting period
Questions recorded for each calendar quarter that companies’ reporting periods map to (not the call date), with the challenge rate for that period. Periods inside the range with no questions are shown as “No questions recorded”.
| Calendar period | Questions | Challenge rate | Companies |
|---|---|---|---|
| 2024 Q4 | 17 | 6%1 of 17 questions | 13 |
| 2025 Q1 | 14 | 14%2 of 14 questions | 8 |
| 2025 Q2 | 15 | 20%3 of 15 questions | 11 |
| 2025 Q3 | 10 | 0%none of 10 questions | 8 |
| 2025 Q4 | 11 | 0%none of 11 questions | 9 |
| 2026 Q1 | 6 | 0%none of 6 questions | 6 |
| 2026 Q2 | 8 | 25%2 of 8 questions | 7 |
- 2024 Q417 questions · challenge rate 6% (1 of 17 questions) · 13 companies
- 2025 Q114 questions · challenge rate 14% (2 of 14 questions) · 8 companies
- 2025 Q215 questions · challenge rate 20% (3 of 15 questions) · 11 companies
- 2025 Q310 questions · challenge rate 0% (none of 10 questions) · 8 companies
- 2025 Q411 questions · challenge rate 0% (none of 11 questions) · 9 companies
- 2026 Q16 questions · challenge rate 0% (none of 6 questions) · 6 companies
- 2026 Q28 questions · challenge rate 25% (2 of 8 questions) · 7 companies
Topics
Topics tagged on this analyst’s questions.
- Demand23
- Capital Allocation18
- Competitive Dynamics15
- Revenue Growth14
- M&A11
- Capex Investment9
- Credit6
- Cost Pressure6
- Pricing6
- Guidance Reliability5
Show all 19 topics
- Regulation Policy5
- Macroeconomic5
- Geographic Expansion4
- Innovation & R&D3
- Subscriber Growth2
- Cloud & AI1
- Trade Tariffs1
- Margin1
- Labor Market1