About Equity Residential
Founded in 1969 by real estate investor and industry icon, Sam Zell, Equity Residential (NYSE: EQR) has grown to become one of the largest publicly traded real estate investment trusts in the world. The company is based in Chicago, Illinois. As of April 2017, Equity Residential owned or had investments in 302 communities and over 77,000 apartment units. The majority of Equity's apartment communities are located in primary markets including Boston, New York, Washington DC, Seattle, San Francisco, and Southern California.
Equity Residential's long-term strategy for outperforming its peers comes down to four objectives: 1) allocate its capital for outsized results by buying, building, and selling apartments at opportune times in the cycle, 2) concentrate its investments in walkable, high barriers-to-entry, dense coastal markets, 3) maintain a strong and flexible balance sheet through a low debt to operating cash flow strategy, and 4) strive for a sophisticated and efficient operating platform to maximize revenue and control expenses.
While its headquarters is in Chicago, IL, Equity Residential has regional offices in Los Angeles, Irvine CA, San Francisco, Boston, New York, Seattle, and Washington DC.