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Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments.. As of December 31, 2022, the company owned or had investments in 308 properties consisting of 79,597 apartment units in Southern California, San Francisco, Washington, D.C.
The half-block property was bought by Chicago-based Equity Residential in 2012 for $22 million, [15] and the company announced its plans for a 39-story apartment building in January 2013. [16] Construction of the building, led by Turner Construction, began in October 2014 and was completed in 2017. [17]
Archstone was a real estate investment trust that invested in apartments. In 2007, the company was acquired by Tishman Speyer and Lehman Brothers and, in 2013, the company's assets were acquired by Equity Residential and AvalonBay Communities. At the time of the liquidation of the company in 2013, it owned over 40,000 apartment units.
Still, the scope of the problem – renters have a median net worth of just $10,400 compared to about $400,000 for homeowners with only about half of that accounted for by home equity – suggests ...
Senators take aim at big private equity landlords as rents soar. With home and apartment rental costs soaring, four Democratic senators are calling for more scrutiny on Wall Street financiers ...
Accumulated equity can work in your favor if you sell and then move to a locale where prices are less expensive. In Louisville, Kentucky, rents average $1,137 and the median home price is just ...
The five largest REITs in the United States are: American Tower Corporation, Prologis, Crown Castle International, Simon Property Group and Weyerhaeuser. [1]The following is a list of notable publicly-traded real estate investment trusts based in the United States.
The company could also sell space to developers to build on Macy’s real estate, like hotels, apartments or offices. Macy’s owns 720 stores, including luxury department store Bloomingdale’s ...
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