2.744 billion USD
| NYSE: EQR
S&P 500 Component|
David Neithercut (CEO) Samuel Zell (Chairman)
EQR (NYSE) US$ 61.96 -0.17 (-0.27%)10 Mar, 4:01 PM GMT-5 - Disclaimer
Chicago, Illinois, United States
David Neithercut (Jan 2006–)
ERP OPERATING LTD PARTNERSHIP
Equity Residential is a publicly traded real estate investment trust based in Chicago, Illinois.
As of January 31, 2016, the company owned or had investments in 316 properties consisting of 85,391 apartments located primarily in Boston, New York City, Washington DC, Seattle, San Francisco, and Southern California.
The company was added to the S&P 500 in 2001. The company has paid a dividend to its common stock shareholders in every year since 1993.
Equity Residential Wikipedia
The company was founded in 1969 by real-estate investor Sam Zell, who is also the current chairman.
On February 27, 2013, Equity Residential and AvalonBay Communities closed a $9 billion deal to acquire Archstone from Lehman Brothers.