Essex Property Trust Inc logo

Essex Property Trust Inc ESS

Market Closed
14 Jun, 20:00
NYSE NYSE
$
278. 50
+3.3
+1.2%
After Hours
$
277. 63
-0.87 -0.31%
17.7B Market Cap
30.02 P/E Ratio
9.8% Div Yield
414,600 Volume
6.75 Eps
$ 275.20
Previous Close
Day Range
272.5 279.09
Year Range
203.85 279.09

ESS Chart

Essex Property Trust Inc Profile

REIT - Residential Industry
Real Estate Sector
Ms. Angela L. Kleiman CEO
NYSE Exchange
US2971781057 ISIN
US Country
1,747 Employees
12 Apr 2024 Last Dividend
- Last Split
6 Jun 1994 IPO Date

Overview

Essex Property Trust, Inc. is recognized as one of the leading real estate investment trusts (REIT) that specializes in acquiring, developing, redeveloping, and managing multifamily residential properties. As a member of the S&P 500, its reputation is anchored in the expansive portfolio it holds, focusing on the West Coast markets of the United States. Essex Property Trust, Inc. prides itself on its strategic approach to real estate investment and management, targeting selected markets that demonstrate potential for growth and stability. The company's commitment to providing high-quality living spaces is evident in its extensive collection of apartment communities, making it a significant player in the residential real estate sector.

Products and Services

  • Acquisition:
  • Essex Property Trust, Inc. engages in the acquisition of multifamily residential properties. This includes identifying potential investment opportunities in the West Coast markets that align with their strategic objectives. Their focus on acquisition is aimed at expanding their portfolio and enhancing their market presence in regions with high growth potential.

  • Development and Redevelopment:
  • The company takes a proactive approach in the development and redevelopment of apartment communities. This involves not only the construction of new properties but also the renovation and upgrade of existing ones. Through development and redevelopment efforts, Essex aims to meet and exceed the evolving needs of their residents, ensuring that their properties remain competitive and desirable in the housing market.

  • Property Management:
  • A critical component of Essex Property Trust, Inc.'s offerings is its comprehensive property management services. By managing a vast array of apartment communities, Essex ensures the maintenance of high-quality living standards for its residents. This encompasses everything from routine maintenance to providing amenities and services that enhance the living experience. Effective property management is key to retaining tenants and maximizing occupancy rates across their portfolio.

Contact Information

Address: 1100 Park Place, San Mateo, CA, United States, 94403-7107
Phone: 650 655 7800