Equity Residential

Overview

Equity Residential (EQR) is a real estate investment trust (REIT). The company owns, acquires, develops and manages multifamily residential properties. It is a general partner of ERP Operating Limited Partnership (ERPOP), in which it owns major interest. As of FY2019, the company owns and manages 304 properties, consisting of 77,889 apartment units across several states in the US and the District of Columbia. It focuses on urban and high-density suburban coastal gateway markets. The company operates in Los Angeles, Orange County, San Diego, Washington DC, New York, San Francisco, Boston, Seattle and other markets which include Phoenix in the US. EQR is headquartered in Chicago, Illinois, the US.
Key Stats
Address
Equity Residential, Two North Riverside Plaza, Suite 400, CHICAGO, Illinois
Headquarters

United States of America

Contact

1 312 9281178

No of Employees

2,600

Industry

Construction

Ticker Symbol & Exchange​

EQR [NYSE]

Revenue (2020)

$2,572 m

-4.8% (2020 vs 2019)
Net Income (2020)

$914 m

-5.8% (2020 vs 2019)
Net Profit Margin

36 %

-1.1% (2020 vs 2019)
Market Cap *

$31,462 m

EPS *

$2.4

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Equity ResidentialLennar CorpAvalonBay Communities IncUDR Inc
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City CHICAGO MIAMI ARLINGTON HIGHLANDS RANCH
Headquarter State/Province Illinois Florida Virginia Colorado
No. of Employees 2,600 9,495 3,090 1,263
Entity Type Public Public Public Public

Products & Services

EQR is a developer and manager of apartment properties. Key services offered by the company include:

Services
  • Property Development
  • Property Leasing
  • Property Management
  • Etiam Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Mark J. Parrell Chief Executive Officer; President Executive Board 2019 53 Mr. Mark J. Parrell has been the Chief Executive Officer, Director and President of the company since 2019. Prior to...
Robert A Garechana Chief Financial Officer; Executive Vice President Senior Management 2018 41 Mr. Robert A. Garechana has been the Chief Financial Officer and an Executive Vice President of the company since 2018....
Michael L. Manelis Chief Operating Officer; Executive Vice President Senior Management 2018 51 Mr. Michael L. Manelis has been the Chief Operating Officer and an Executive Vice President of the company since 2018....
Christa L. Sorenson Chief Human Resources Officer; Executive Vice President Senior Management 2015 59 Mr. Christa L. Sorenson has been the Chief Human Resources officer and Executive Vice President of the company since 2015....
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History

Year Event Description
2021 Contracts/Agreements In August, the company signed a strategic partnership with Toll Brothers to develop rental apartment…
2020 Financing Agreements In July, the company along with Navitas Capital, and AvalonBay invested US$6.5 million in MeetElise.
2020 Asset Disposal In December, the company sold an apartment property in San Diego, California, the US.
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2016 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
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Locations


Archstone-Smith Unitholder Services LLC

Address

9200 East Panorama Circle, Suite 400, Englewood
United States of America

Telephone

1 3037085959

Website

www.archstonesmith.com
Summit Center

Address

150 Stahl Road, Getzville
United States of America

Telephone

1 716 6293400

Website

www.thesummitcenter.org
ERP Operating LP

Address

Two North Riverside Plaza, Chicago
United States of America

Telephone

1 3124741300

Equity Corporate Housing, Inc.

Address

11260 Chester Road, Suite 400, Cincinnati
United States of America

Telephone

1 513 771 8287

Website

www.equityresidential.com
Archstone Inc

Address

1245 Stripling Chapel Road, Carrollton
United States of America

Telephone

1 678 7962008

Website

www.archstoneinc.com
Archstone Inc

Address

1245 Stripling Chapel Road, Carrollton
United States of America

Telephone

1 678 7962008

Website

www.archstoneinc.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
21 Jul 2020 Elise AI Technologies (MeetElise) Secures USD6.5 Million in Series A Funding Venture Financing Navitas Capital; Equity Residential; AvalonBay Communities Inc Elise AI Technologies
20 Aug 2019 Equity Residential Raises USD600 Million in 2.50% Notes Offering Due 2030 Debt Offering Equity Residential
06 Dec 2018 Equity Residential Raises USD400 Million in Notes Offering Debt Offering Equity Residential
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26 Oct 2015 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

6

Active Jobs

0

Posted

1

Closed

Job Trends

Latest Jobs

Job title Company Country
Union Porter - 140 Riverside Blvd Apartments Equity Residential United States
Leasing Consultant - Hudson Crossing Equity Residential United States
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar