And BRE Properties Complete.2 Billion Merger" (Press release).
Donato-Weinstein, Nathan (November 14, 2014).
Indeed, Essexs same-property revenues in property northern California climbed.5 in the March quarter.Naturally, any downturn in the economy in a region where Essex operates would hurt.2017 Form 10-K Annual Report".But acquiring properties is by no means the only way for Essex to grow.5, references edit kontaktdaten a b c d "Essex Property Trust, Inc.The economy there, driven by Silicon property Valley, has created a situation where the demand for housing has outpaced supply.For a more thorough look at Essex Property Trust, and the particular investment merits of its stock, subscribers should examine our full report.As of April 1, 2014, 47 of Essexs revenues were generated property in southern California, 34 in northern California, 18 in Seattle, and 1 elsewhere.3 4, the same year it was added to the.Help Info Dividend essex Stocks Education All stock"s on this website should be considered as having a 24-hour delay.
The companys focus on the West Coast gives it less geographic diversity than apartment reits that have a national presence.
Essex wants to make other changes, such as adopting its pricing philosophy for the properties it acquired in the deal.
The company was founded property trust property in 1971 by billionaire, george.
Equity essex Residential eQR ) and, avalonBay Communities aVB and is the 13th-largest publicly traded reit.Bennett, Johanna (December 19, 2013).Essex stock has been yielding just under 3 of late, which is low for a reit.Annualized Growth, annualized Growth, annualized Growth, annualized Growth, annualized Growth, last 5 Yrs.Essex Property Trust's headquarters is in San Mateo,.Annualized Growth, last 3 Yrs, annual, growth 2018.Essex also redevelops properties on occasion.Overall, revenue growth for the first quarter was.2, which led apartment reits.49.84.05.2 AIV-Z - Apartment Investment and Management Company Class Z Cumulative Preferred Stock.06.02.1 AMH - American Homes 4 Rent.26.27.1 amtg - Apollo Residential Mortgage Inc.64.01.1 apts - Preferred Apartment Communities Inc.Lower turnover reduces operating costs, and Essexs larger scale operation, combined with the benefits of being in proximity to BREs properties, should produce further improvement in expenses.The BRE deal should wind up benefiting Essex more than just by increasing the size of the company.During the recession five years ago, rents declined.
Note that essex Essex also sells properties from time to time.
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments, primarily on the, west Coast of the United States.