Incoming Extra Space CEO Says REIT’s Growth Slowing to Sustainable Level

Joe Margolis, chief investment officer, executive vice president and incoming CEO of Extra Space Storage Inc. (NYSE: EXR), joined REIT.com for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Margolis joined Extra Space in 2015 and will succeed Spencer Kirk as CEO of the company at the beginning of 2017.

Margolis commented on the transition process, joking that he and Kirk have been “joined at the hip for about 18 months now.”

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Sustainable Infrastructure REIT Focusing on Reducing Carbon Output

Jody Clark, vice president of Hannon Armstrong Sustainable Infrastructure Capital (NYSE: HASI), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.

Hannon Armstrong makes debt and equity investments in sustainable infrastructure projects. Clark explained that every investment the company makes is focused on the carbon-reduction benefit achieved by its clients. “This is core to our company,” she said.

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