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Equity Residential was sued in a class action in 2017 due to allegations that it charged late payment fees in violation of California law. [20] [21]In 2022, the company agreed to pay approximately $2 million to settle a lawsuit filed by Attorney General for the District of Columbia Karl Racine alleging that the company offered misleading rent discounts on a rent-controlled building in ...
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As part of the strategic relationship formed in 2021, Equity Residential (EQR) and Toll Brothers unveil plans to develop three new luxury rental communities in the Dallas/Ft. Worth metropolitan area.
Equity Residential's (EQR) Q1 results reflect better-than-anticipated rental income. The company is seeing healthier operating trends, with sequential improvement in physical occupancy and pricing.
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments. As of January 31, 2021, the company owned 79,856 apartment units in New England, the New York City metropolitan area, the Washington, D.C. metropolitan area, Seattle and California.
Though Equity Residential (EQR) has a solid portfolio and is leveraging on technology for sales and service, its Q3 results will likely reflect choppy rental housing demand in a number of its markets.
In 2011, the company took on an equity investment from Guthy-Renker. [10] In December 2017, Paramount began originating residential solar loans and later rebranded as Loanpal. [7] In 2019, Loanpal announced a partnership with PenFed Credit Union. [11] In 2019, Loanpal was responsible for 30% of all new residential loans in the U.S. [11] [12]
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