United States

Equity Residential EQR

NYSE Finance USD

Equity Residential (EQR) is a real estate investment trust (REIT) focused on creating residential communities in dynamic urban areas. The company specializes in the acquisition, development, and management of multifamily apartment properties, primarily serving affluent long-term renters in and around major cities. EQR operates through its umbrella partnership structure, with ERP Operating Limited Partnership conducting the core property business, while EQR acts as the general partner and handles equity issuances. The company's business model revolves around owning and operating residential real estate to generate rental income, with a portfolio concentrated in high-demand metropolitan markets that attract stable, high-quality tenants.

Current Price USD 60.05
Daily Change -0.91%
Market Cap USD 23.06 B
Shares Outstanding 380.48 M
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