Essex Property Trust, Inc. is a self-administered real estate investment trust that acquires, develops, redevelops, and manages residential property in the United States. Its portfolio is focussed on multifamily apartment communities located in select West Coast markets, primarily Southern California, the San Francisco Bay Area, and the Seattle metropolitan region. The company operates through an umbrella partnership structure via its primary operating subsidiary, Essex Portfolio, L.P.
Price
USD 274.11
12-month move
+4%
Trailing yield
3.77%
52-week range
238.46 – 303.35
Twelve months, month-end closes
Nov 25Range 242 to 291.59 USDOct 26
Trading 55% of the way up its twelve-month range. Yield is below the 4.17% median for residential in this region.