Equity Residential is an S&P 500 company focused on the acquisition, development and management of rental apartment properties in urban and high-density suburban coastal gateway markets where today’s renters want to live, work and play. Equity Residential owns or has investments in 303 properties consisting of 78,280 apartment units, primarily located in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California.
Tag: Equity Residential
EQR Acquires Two Atlanta-Area Properties, Richmond Row and The Baxter, for $179.7M
Equity Residential recently purchased two apartment properties for a total of 634 units in the Atlanta area. The properties, Richmond Row Apartments and The...
KWA Construction Celebrates Topping Out Milestone for Lyle in Far North Dallas
KWA Construction, a leading general contractor specializing in multifamily developments throughout Texas, has celebrated the construction milestone of 'topping out' at Lyle, located at...
JLL closes $248 million sale of Park Hacienda apartments in Pleasanton, California
JLL Capital Markets announced that it has closed the $248 million sale of Park Hacienda, a 540-unit, garden-style apartment community within the Hacienda Business...
JLL represents Equity Residential in sale of Skyline Towers
JLL announced today the closing of the sale of Skyline Towers, a 939-unit, high-rise apartment community located in Falls Church, Virginia. JLL marketed the property...
Equity Residential announces the planned retirement of COO David Santee; Michael Manelis to...
Equity Residential today announced that David S. Santee, 58, Executive Vice President and Chief Operating Officer (COO), will step down as COO on June...
Risky business pays off
And, they’re expecting equally satisfying results from communities underway and in their pipelines. Equity Residential “There is absolutely no doubt that we continue to enjoy very...
Green shoots in challenged markets
Washington, D.C., where most apartment REITs recently have experienced disappointing, albeit expected, results in occupancy and revenue, remains perhaps the most worrisome, although there...
Riding out the storm in D.C.
“I love D.C.,” said Camden Property Trust CEO Ric Campo during the apartment REIT’s second quarter earnings conference call at the beginning of August. “That’s...
Build it and they will come
Since the fourth quarter of 2009, the REIT has started and completed 27 communities, representing over $1.4 billion in total capital cost. In addition,...
D.C. dysfunction
While AvalonBay Communities' portfolio in the nation's capital achieved positive revenue growth and rent growth in Q3, revenue growth from the company's D.C. Metro...
Apartment demand to outpace supply
"While overall housing production is projected to be well below structural demand, apartment deliveries are on the rise and projected to increase over the...
Making hay while the sun shines
"The economy appears to be on a path of sustainable growth. U.S. businesses have healthy balance sheets and plenty of liquidity-consumer debt has declined...
Good-bye Archstone, hello mega-REITs
Underperformance of apartment REIT shares was a major impetus behind the defunct investment bank's decision to sell Archstone in a private sale to competitors...
The big split
Equity Residential and AvalonBay will together pay $2.69 billion in cash along with stock valued at $3.8 billion, N.Y.-based Lehman announced. The buyers, the...
Don’t worry, be happy
"We think that an improving single-family market is a good thing for the apartment markets and the economy as a whole," Camden Property Trust...
