Founded 1969 Revenue 2.744 billion USD | Industry Apartments Founder Samuel Zell | |
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Traded as NYSE: EQRS&P 500 Component Key people David Neithercut (CEO) Samuel Zell (Chairman) Stock price EQR (NYSE) US$ 61.96 -0.17 (-0.27%)10 Mar, 4:01 PM GMT-5 - Disclaimer Headquarters Chicago, Illinois, United States CEO David Neithercut (Jan 2006–) Parent organization ERP OPERATING LTD PARTNERSHIP | ||
Equity residential ceo sees opportunities as reits gain market recognition
Equity Residential is a publicly traded real estate investment trust based in Chicago, Illinois.
Contents
- Equity residential ceo sees opportunities as reits gain market recognition
- Equity residential celebrates 20 years of trading
- History
- References
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 celebrates 20 years of trading
History
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.
References
Equity Residential Wikipedia(Text) CC BY-SA