Real Estate · REIT - Residential
Essex Property Trust, Inc.
West Coast apartment landlord structured as a real estate investment trust
Understand Essex Property Trust →What Essex Property Trust does
Essex Property Trust owns and runs apartment buildings in selected West Coast markets in the US. It buys, builds, and renovates apartment communities, then manages them and rents the homes to tenants. It has ownership stakes in 258 communities with more than 62,000 apartment homes.
How Essex Property Trust makes money
It earns most of its money from rent paid by tenants in the apartment communities it owns or co-owns. As a REIT it also aims to increase value by developing and redeveloping properties.
Products & services
- Multifamily apartment rentals
- Apartment community management
- Property acquisitions
- Apartment development
- Property redevelopment
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