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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 ...
Equity Residential's (EQR) Q3 results reflect better-than-anticipated rental income. The company experiences robust physical occupancy and sustained pricing power improvement, and raises view.
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.
Equity Residential (EQR) notes that with increased activity it has witnessed improvements in physical occupancy, quarter to date, while residential cash collections remains strong in May.
Equity Residential (EQR) boosts financial flexibility with new credit facility and increase in its commercial paper program.
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.
Samuel Zell (1941–2023), real estate mogul, founder of Equity Group Investments (EQ Office, Equity Residential) [189] See also. Lists of Jewish Americans.
Equity Residential (EQR) is well-poised to grow on portfolio rebalancing, improving demand and a healthy balance sheet. However, stiff competition and a flexible working environment are key concerns.