Headquarters: Chicago, IL, United States
CEO: Mr. Mark J. Parrell
USD as of April 1, 2022
Equity Residential is a real estate investment trust specializing in apartments. It owns and operates about 80,000 apartments in 300 properties located in prime markets including, New York City, Boston, Washington, D.C., San Francisco, Los Angeles, and Seattle.
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.
Equity Residential is a publicly traded real estate investment trust that invests in apartments. As of December 31, 2020, the company owned or had investments in 309 properties consisting of 77,889 apartment units in Southern California, San Francisco, Washington, D.C., New York City, Boston, Seattle, and Denver. It is the 2nd largest owner of apartments in the United States and the 10th largest apartment property manager in the United States.
Source: Wikipedia, retrieved on March 31, 2022, 8:57 p.m.
Founder(s): Sam Zell
Mark J. Parrell, CEO Sam Zell, Chairman Robert A. Garechana, CFO
Revenue: $2.571 billion (2020)
Net income: $962 million (2020)
Total assets: $20.286 billion (2020)
Total equity: $10.763 billion (2020)