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The summaries and information shown here are generated using large language models (LLMs) based on public earnings transcripts. While designed for convenience, they may contain inaccuracies or omissions.

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EastGroup Properties, Inc.

EGP

Financial Services

3mo

Impact of Tariff Uncertainty on Leasing and Development Pace

Management highlighted market uncertainty caused by tariff discussions, leading to delayed decision-making on larger leases and development starts.
Leasing activity slowed for larger spaces, with decision-making elongated, but prospects for smaller spaces remained active.
Development pipeline leasing is slower, with reforecasted 2025 starts reduced to $215 million, primarily due to market demand and decision delays.

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Equity LifeStyle Properties, Inc.

ELS

Financial Services

3mo

Impact of Storm Damage on Marina and RV Sites

Two marinas experienced storm damage, leading to offline slips and some turnover in the marina portfolio.
Storm damage impacted two properties, causing some occupancy loss and requiring site improvements.
Management expects these sites to come back online in upcoming quarters, with occupancy expected to recover next year.

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