News by Topic : Residential
Essex Property Trust is 18th REIT to be included in S&P 500.
Despite slowing in March, equity REITs up nearly 10 percent in first three months of 2014.
In the last 13 months, five stock exchange-listed REITs focusing on single-family home rentals have raised more than $1.2 billion in initial public offerings.
CEO Eric Bolton anticipates all synergy opportunities will be fully realized by 2015.
CEO Timothy Naughton seeks more density and scale as REIT celebrates 20th anniversary of IPO.
CEO Randy Churchey says students forgoing off-campus living for new on-campus sites.
Analysts point to increasing confidence in economy and sound fundamentals.
Simon Property Group retains top spot in FORTUNE rankings; Prologis, Equity Residential, Host Hotels also land in top five.
With less than 1 percent of the nation’s approximately 14 million rental homes in institutional hands, the market looks ripe for growth.
Co-founded Cali Associates in 1949.