Essex Property Trust, Inc. ( ESS ) Q3 2025 Earnings Call October 30, 2025 2:00 PM EDT Company Participants Angela Kleiman - President, CEO & Director Barb Pak - Executive VP & CFO Rylan Burns - Executive VP & Chief Investment Officer Conference Call Participants Nicholas Yulico - Scotiabank Global Banking and Markets, Research Division Nicholas Joseph - Citigroup Inc., Research Division Jeffrey Spector - BofA Securities, Research Division Sanketkumar Agrawal - Evercore ISI Institutional Equities, Research Division Austin Wurschmidt - KeyBanc Capital Markets Inc., Research Division Alexander Goldfarb - Piper Sandler & Co., Research Division Derrick Metzler - Morgan Stanley, Research Division Haendel St. Juste - Mizuho Securities USA LLC, Research Division Julien Blouin - Goldman Sachs Group, Inc., Research Division Robin Haneland - BMO Capital Markets Equity Research Richard Anderson - Cantor Fitzgerald & Co., Research Division Linda Yu Tsai - Jefferies LLC, Research Division Alex Kim - Zelman & Associates LLC Presentation Operator Good day, and welcome to Essex Property Trust Third Quarter 2025 Earnings Call. As a reminder, today's conference call is being recorded.
ESS posts Q3 core FFO above estimates and lifts its 2025 outlook, driven by steady revenues and NOI gains despite cost pressures.
Essex Property Trust, Inc. Q2 2025 Earnings Conference Call July 30, 2025 12:00 PM ET Company Participants Angela L. Kleiman - President, CEO & Director Barbara M.
| - Industry | - Sector | Angela L. Kleiman CEO | XMUN Exchange | US2971781057 ISIN |
| US Country | 1,712 Employees | 30 Sep 2025 Last Dividend | - Last Split | 6 Jun 1994 IPO Date |
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.
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.
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.
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.