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About the company
Equity Residential is a real estate investment trust. The Company is focused on the acquisition, development and management of residential properties located in and around cities. The Company’s primary business is the acquisition, development, and management of multifamily residential properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The Company owns and operates rental apartment properties, with a presence in Boston, New York, Washington, D.C., Southern California, including Los Angeles, Orange County and San Diego), San Francisco and Seattle, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. The Company owns 313 properties located in 10 states and the District of Columbia consisting of 84,018 apartment units. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential.
- Revenue in USD (TTM)2.94bn
- Net income in USD924.93m
- Incorporated1992
- Employees2.40k
- LocationEquity ResidentialTwo North Riverside Plaza, Suite 400CHICAGO 60606United StatesUSA
- Phone+1 (312) 928-1178
- Fax+1 (312) 454-9276
- Websitehttps://www.equityapartments.com/
Mergers & acquisitions
Acquired company | EQR:NYQ since announced | Transaction value |
---|---|---|
Blackstone Inc-Apartment Properties(11) | 2.95% | 964.00m |
Richmond Row Apartments | 21.10% | 179.70m |
The Baxter | 21.10% | -- |
Holder | Shares | % Held |
---|---|---|
The Vanguard Group, Inc.as of 30 Jun 2024 | 54.03m | 14.25% |
Norges Bank Investment Managementas of 30 Jun 2024 | 35.12m | 9.26% |
BlackRock Fund Advisorsas of 30 Jun 2024 | 25.76m | 6.80% |
SSgA Funds Management, Inc.as of 30 Jun 2024 | 23.60m | 6.23% |
T. Rowe Price Associates, Inc. (IM)as of 30 Jun 2024 | 17.34m | 4.57% |
APG Asset Management US, Inc.as of 30 Jun 2024 | 11.57m | 3.05% |
First Eagle Investment Management LLCas of 30 Jun 2024 | 9.30m | 2.45% |
Geode Capital Management LLCas of 30 Jun 2024 | 9.22m | 2.43% |
Resolution Capital Ltd.as of 30 Jun 2024 | 7.83m | 2.06% |
Principal Global Investors LLCas of 30 Sep 2024 | 7.61m | 2.01% |