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Equity Residential EQR

Market Closed
21 Jun, 20:00
NYSE NYSE
$
68. 31
+0.46
+0.68%
After Hours
$
68. 31
0 0%
25.44B Market Cap
35.24 P/E Ratio
2.7% Div Yield
2,973,900 Volume
1.79 Eps
$ 67.85
Previous Close
Day Range
67.48 68.42
Year Range
52.57 69.45

EQR Chart

Equity Residential Profile

REIT - Residential Industry
Real Estate Sector
Mr. Mark J. Parrell CEO
NYSE Exchange
US29476L1070 ISIN
US Country
2,400 Employees
12 Apr 2024 Last Dividend
12 Oct 2001 Last Split
11 Aug 1993 IPO Date

Overview

Equity Residential is a distinguished real estate investment trust (REIT) specializing in the ownership, development, and management of residential properties. Positioned within the S&P 500, the company stands out for its strategic focus on upscale urban living, catering to affluent renters seeking long-term accommodation. With a robust portfolio of 305 properties encompassing 80,683 apartment units, Equity Residential boasts a significant footprint in several of the United States' most dynamic cities. Its established markets include Boston, New York, Washington, D.C., Seattle, San Francisco, and Southern California, with growing interests in Denver, Atlanta, Dallas/Ft. Worth, and Austin. The company’s mission revolves around fostering community environments where residents can not only live but thrive, highlighting its commitment to enhancing quality of life within its properties.

Products and Services

  • Acquisition

    Equity Residential focuses on acquiring high-quality residential properties situated in and around urban centers known for their dynamic lifestyle and economic opportunities. These acquisitions are carefully selected to align with the company's strategy of investing in locations that appeal to affluent, long-term renters.

  • Development

    The company is actively involved in the development of residential properties. This includes designing and constructing new apartment buildings that meet the high standards of sustainability, comfort, and aesthetics expected by their target demographic. Equity Residential's developments are strategically located to take advantage of the vibrant city life and amenities coveted by modern renters.

  • Management

    Management of residential properties forms the core of Equity Residential's offerings. The company prides itself on providing exceptional living experiences through attentive property management. This encompasses everything from maintaining the physical integrity of the buildings to ensuring resident satisfaction through various services and amenities. The goal is to create harmonious communities where people appreciate living.

Contact Information

Address: Two North Riverside Plaza, Chicago, IL, United States, 60606-2624
Phone: 312 474 1300