Welcome to our dedicated page for Equity Residential news (Ticker: EQR), a resource for investors and traders seeking the latest updates and insights on Equity Residential stock.
Equity Residential (EQR), a proud member of the S&P 500, is dedicated to fostering communities where residents can thrive. Specializing in the acquisition, development, and management of high-quality residential properties, Equity Residential has a significant presence in key metropolitan areas that attract long-term renters.
The company owns or has investments in 305 properties, encompassing 78,568 apartment units situated in vibrant cities such as Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California, and Denver. As part of its growth initiative, Equity Residential is also developing two additional properties with a total of 537 units.
Equity Residential focuses on owning and managing large, high-quality properties within the urban and suburban submarkets of these dynamic regions. Their portfolio includes 302 apartment communities with approximately 80,000 units. The company's strategic locations and quality properties ensure they remain a top choice for residents seeking urban living in prime locations.
Financially stable and continually evolving, Equity Residential prides itself on its consistent performance and robust portfolio. The company remains committed to enhancing its communities and delivering exceptional living experiences to residents. With a focus on sustainability and modern amenities, Equity Residential continues to be a leader in the residential property market.
Equity Residential (NYSE: EQR) announced its quarterly dividends on common and preferred shares. The common share dividend for Q4 is set at
The Series K Preferred Shares will yield a dividend of
Equity Residential (NYSE: EQR) has been awarded the Gold Nareit 2021 Diversity, Equity and Inclusion (DEI) award, recognizing its commitment to advancing diversity within the company and the real estate industry. The company was evaluated by a panel of DEI judges on its programs and accomplishments. Catherine Carraway, Executive Vice President, highlighted the honor as a reflection of Equity Residential's inclusive culture. The company has also published its 2021 ESG Report, detailing initiatives to enhance diversity in hiring, promote employee voices, and build a diverse talent pipeline.
Equity Residential (NYSE: EQR) has announced a national partnership with Anyone Home to implement a portfolio-wide CRM solution. This partnership follows a successful pilot program launched in early 2021, which led to a complete rollout within four months. With nearly 80,000 apartment homes across over 300 communities, Equity Residential aims to leverage Anyone Home's CRM for improved data-driven decision-making and enhanced lead management. CEO Todd Katler emphasized the successful collaboration that has resulted in better performance and innovation.
Equity Residential (EQR) reported strong Q3 2021 results with earnings per share (EPS) rising to $1.15, up 379.2% year-over-year. Funds from Operations (FFO) remained stable at $0.76. The company achieved its first positive same-store revenue growth since the pandemic, supported by a 97% collection rate of residential revenues and $13.4 million in governmental rental assistance. EQR raised its full-year guidance for EPS and FFO due to increased occupancy rates and revenue growth. A strategic partnership with Toll Brothers (TOL) was also announced for future developments.
Sustainable Living Innovations (SLI) has commenced installation of high-performance building panels for 303 Battery, the world's first net zero energy high-rise in
Equity Residential (NYSE: EQR) will release its Q3 2021 operating results on October 26, 2021, after market close, followed by a conference call on October 27, 2021, at 12:00 p.m. Central. The call will be accessible via webcast on their investor website. The company focuses on acquiring, developing, and managing residential properties in urban areas with a total of 307 properties and 79,322 apartment units across major cities like Boston, New York, and San Francisco.
Equity Residential (EQR) reports robust same-store revenue growth, indicating strong demand and pricing for its apartment units as the leasing season concludes. Key metrics include a blended rate increase of up to 9.7% and a physical occupancy rate of 96.9% in September 2021. The percentage of residents renewing leases has steadily grown, reaching 62% by September. The company remains optimistic about achieving expectations set in its Q2 2021 earnings report. EQR operates 307 properties with 79,322 apartment units across major U.S. cities.
Equity Residential (NYSE: EQR) announced that President and CEO, Mark J. Parrell, will participate in a roundtable discussion at the Bank of America Securities 2021 Global Real Estate Conference on Wednesday, September 22, 2021, at 8:45 a.m. CT. The event will be streamed live, with access available on the Company’s website under the Presentations section.
Equity Residential is focused on acquiring, developing, and managing residential properties in major cities, owning 307 properties comprising 79,322 apartment units.
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