Detail akcie Equity Resident online

Business Summary: Equity Residential is a real estate investment trust. The Company is focused on the acquisition, development and management of residential properties located in and around cities. The Company’s primary business is the acquisition, development, and management of multifamily residential properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The Company owns and operates rental apartment properties, with a presence in Boston, New York, Washington, D.C., Southern California, including Los Angeles, Orange County and San Diego), San Francisco and Seattle, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. The Company owns 313 properties located in 10 states and the District of Columbia consisting of 84,018 apartment units. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Equity Residential revenues increased 3% to $1.46B. Net income applicable to common stockholders increased 35% to $470.9M. Revenues reflect Same Store segment increase of 4% to $1.43B, NAREIT FFO - Per Share - Basic - Total increase of 2% to $0.91, NAREIT FFO - Per Share - Diluted - Total increase of 2% to $0.91. Net income benefited from Net Operating Income (NOI), Total increase of 4% to $989.4M.