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51.5 EUR
0.5
0.98%
Last update Apr 2, 9:55 PM CEST
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Day range
51
51.5
Previous close
51
Open
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Equity Residential
51.50
0.50
0.98%

Overview

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Description

Equity Residential is a publicly traded real estate investment trust focused on the acquisition, development, and management of apartment properties in dynamic urban markets across the United States. The company owns and operates communities primarily in high-demand coastal gateway cities including Boston, New York, Washington, D.C., Seattle, San Francisco, and Southern California, with an established presence in these areas that attract affluent long-term renters. It also maintains operations in expanding markets such as Denver, Atlanta, Dallas/Fort Worth, and Austin. Equity Residential emphasizes creating thriving residential communities through strategic property investments, typically targeting complexes with 100 or more units, and employs flexible deal structures like all-cash transactions, joint ventures, and operating partnership units as an UPREIT. Committed to environmental, social, and governance principles, the company integrates sustainability into its operations to manage climate risks and enhance asset value. Headquartered in Chicago, Illinois, since its public listing in 1993, Equity Residential plays a key role in the multifamily housing sector by providing quality rental housing in prime locations.

About

CEO
Mr. Mark J. Parrell J.D.
Employees
2500
Address
Two North Riverside Plaza
Suite 400
Chicago, 60606-2609, IL
United States
Phone
312 474 1300
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Residential
Country
Germany
MIC code
XFRA
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