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    Daniel [indiscernible]

    Senior Analyst at Capital One Securities

    Daniel Bernstein is a Senior Analyst at Capital One Securities specializing in real estate investment trusts (REITs), with a particular focus on healthcare and senior housing companies. He covers notable companies such as LTC Properties and other major REITs, and his research and insights are frequently cited in industry earnings calls and sector analysis. Bernstein began his career in equity research with a focus on the healthcare sector and has developed expertise in evaluating operational efficiency and financial performance within real estate markets, joining Capital One several years ago after previous roles at other financial institutions. He is a registered securities professional with FINRA and holds relevant investment analyst credentials, recognized for his detailed and pragmatic approach to company and sector evaluation.

    Daniel [indiscernible]'s questions to Lineage (LINE) leadership

    Daniel [indiscernible]'s questions to Lineage (LINE) leadership • Q3 2024

    Question

    Daniel [indiscernible] asked about the company's lean operations program, including the number of certified warehouses and any key learnings from the rollout.

    Answer

    CEO W. Lehmkuhl stated that over 40 buildings are certified, representing about 5% of facilities but a much higher percentage of NOI. He described lean as a company-wide philosophy of continuous improvement and waste elimination, with best practices shared across the entire network to make jobs easier and better serve customers.

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