Risks for EXTRA SPACE STORAGE INC (EXR)

Here are some interesting risks from the recent filings of EXTRA SPACE STORAGE INC. Our algorithms work hard to highlight risks unique to this company.

Adverse economic or other conditions in the markets in which we do business could negatively affect our occupancy levels and rental rates and therefore our operating results.

If we are unable to promptly re-let our units or if the rates upon such re-letting are significantly lower than expected, our business and results of operations would be adversely affected.

Legal disputes, settlement and defense costs could have an adverse effect on our operating results.

Our tenant reinsurance business is subject to significant governmental regulation, which may adversely affect our results.

There is significant competition among self-storage operators and from other storage alternatives.