Equity Residential is a real estate investment trust (REIT) that focuses on the acquisition, development, and management of residential properties primarily in urban areas. Its customers are primarily long-term renters seeking quality apartment living in major metropolitan markets. Revenue is generated through rental income from its portfolio of 305 properties, which includes approximately 78,568 apartment units. The company operates mainly in cities like Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California, and Denver, with rental income contributing to nearly 100% of its revenue. Factors supporting endurance include the demand for rental housing in urban locations and the company's established presence in these markets, while potential limitations include economic downturns affecting rental demand and regulatory changes impacting the real estate sector.
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Equity Residential is a real estate investment trust (REIT) that focuses on the acquisition, development, and management of residential properties primarily in urban areas. Its customers are primarily long-term renters seeking quality apartment living in major metropolitan markets. Revenue is generated through rental income from its portfolio of 305 properties, which includes approximately 78,568 apartment units. The company operates mainly in cities like Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California, and Denver, with rental income contributing to nearly 100% of its revenue. Factors supporting endurance include the demand for rental housing in urban locations and the company's established presence in these markets, while potential limitations include economic downturns affecting rental demand and regulatory changes impacting the real estate sector.
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Daily adjusted close
Equity Residential is a real estate investment trust (REIT) that focuses on the acquisition, development, and management of residential properties primarily in urban areas. Its customers are primarily long-term renters seeking quality apartment living in major metropolitan markets. Revenue is generated through rental income from its portfolio of 305 properties, which includes approximately 78,568 apartment units. The company operates mainly in cities like Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California, and Denver, with rental income contributing to nearly 100% of its revenue. Factors supporting endurance include the demand for rental housing in urban locations and the company's established presence in these markets, while potential limitations include economic downturns affecting rental demand and regulatory changes impacting the real estate sector.