Tag: Equity Residential

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.

Park Hacienda

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...
Skyline Towers

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...

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