Essex Property Trust Inc (Essex) is an integrated real estate investment trust. The company acquires, develops, redevelops, and manages multifamily residential properties in selected coastal submarkets along the West Coast, including Northern California, Southern California, and the Seattle metropolitan region. Essex holds ownership interests in communities, comprising apartment units, commercial buildings and active development projects. The company's properties are located in various cities such as Burbank, Encino, Oxnard, Glendale, Seattle, Los Angeles, Marina Del Ray, Pasadena, Ventura, Fullerton, San Diego, and San Francisco, Santa Barbara and West Hollywood. Essex is headquartered in San Mateo, California, the US.
Essex Property Trust Inc premium industry data and analytics
Products and Services
Services |
---|
Asset Management Services |
Property Management Services |
Ownership, Operation, Management, Acquisition, Development and Redevelopment of Apartment Communities |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Acquisitions/Mergers/Takeovers | In March, the company acquired its joint venture partner’s 49.9% stake in the BEXAEW portfolio for US$505.0 million. |
2022 | Contracts/Agreements | In April, the company co-launched a new Environmental, Social and Governance (ESG) focused Housing Impact Fund with UDR, Inc. |
2018 | Asset Disposal | In December, the company disposed three properties for US$ 285.3 million. |
Competitor Comparison
Key Parameters | Essex Property Trust Inc | Redwood Trust Inc | Armour Residential REIT, Inc. | Dynex Capital Inc | Cherry Hill Mortgage Investment Corporation |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | San Mateo | Mill Valley | Vero Beach | Glen Allen | Farmingdale |
State/Province | California | California | Florida | Virginia | New Jersey |
No. of Employees | 1,750 | 289 | - | 22 | - |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
George M Marcus | Chairman | Executive Board | - | 81 |
Keith R Guericke | Vice Chairman | Executive Board | - | 74 |
Angela Kleiman | President; Chief Executive Officer; Director | Executive Board | 2023 | 52 |
Barb M. Pak | Executive Vice President; Chief Financial Officer | Senior Management | 2021 | 45 |
Adam W Berry | Executive Vice President; Chief Investment Officer | Senior Management | 2020 | 49 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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