Equity Residential

Equity Residential

Equity Residential (NYSE: EQR) is a member of the S&P 500, a publicly-traded real estate investment trust based in Chicago, IL. The company owns or has an interest in more than 550 apartment communities in 23 states and the District of Columbia. The company also has condominium and corporate housing business lines.

The company has approximately 4,700 employees.

History

The company was founded in 1969 by real-estate investor Sam Zell. He is also the current chairman.

It has been publicly-traded and has paid a cash dividend to shareholders every year since 1993.

Products

Equity Residential primarily develops, owns, and operates apartments. It also sells condominiums, and operates a corporate housing division.

Its product portfolio includes:

* Equity Apartments
* Equity Condominiums
* Equity Corporate Housing

Many of the apartments were manufactured by Cardinal Industries, Inc..

External links

* [http://www.equityresidential.com/ Equity Residential website]

References


Wikimedia Foundation. 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Equity Residential — Rechtsform REIT Gründung 1969 Sitz …   Deutsch Wikipedia

  • Residential Mortgage-Backed Security (RMBS) — A type of security whose cash flows come from residential debt such as mortgages, home equity loans and subprime mortgages. This is a type of mortgage backed securities that focuses on residential instead of commercial debt. Holders of an RMBS… …   Investment dictionary

  • Private equity in the 21st century — relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub industries, leveraged buyouts and venture capital experienced growth along parallel although… …   Wikipedia

  • Negative equity — occurs when the value of an asset used to secure a loan is less than the outstanding balance on the loan.[1] In the United States, assets (particularly real estate, whose loans are mortgages) with negative equity are often referred to as being… …   Wikipedia

  • negative equity — 1) The difference between the value of a property (usually residential) and the outstanding amount borrowed against it where the latter is the greater. For example, if a property s current market value is £200, 000 and the borrowing against it is …   Big dictionary of business and management

  • EQR — Equity Residential Properties Trust (Business » NYSE Symbols) …   Abbreviations dictionary

  • EQR PA — Equity Residential Properties Trust Preferred A (Business » NYSE Symbols) …   Abbreviations dictionary

  • EQR PB — Equity Residential Properties Trust Preferred B (Business » NYSE Symbols) …   Abbreviations dictionary

  • EQR PC — Equity Residential Properties Trust Preferred C (Business » NYSE Symbols) …   Abbreviations dictionary

  • EQR PD — Equity Residential Properties Trust Preferred D (Business » NYSE Symbols) …   Abbreviations dictionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”