Equity Residential

About Equity Residential

Equity Residential is a leading public real estate investment trust (REIT) founded in 1969 by Sam Zell and based in Chicago. As a member of the S&P 500, it is focused on acquiring, developing, and managing upscale residential apartment communities in dynamic urban and coastal gateway markets.

Scale & Reach

As of December 31, 2024, Equity Residential owned or held interests in around 311 properties—totaling approximately 84,249 apartment units—located in vibrant markets such as Boston, New York City, Washington, D.C., Seattle, San Francisco, Southern California, Denver, Atlanta, Dallas/Fort Worth, and Austin. It ranks among the top apartment owners in the U.S., known for its focus on premium rental environments.

Strategic Focus & Investment Approach

Equity Residential blends the capital strength of a large public company with localized operational expertise to deliver value for residents, employees, and shareholders. Its properties typically target affluent renters seeking high-quality living in dense, amenity-rich urban neighborhoods.

Recent Milestone

In August 2024, Equity Residential announced a major expansion by agreeing to acquire 11 apartment properties (totaling 3,572 units) from Blackstone for about $964 million. The acquisition targets critical growth markets such as Atlanta, Dallas/Fort Worth, and Denver, and underscores the company’s ambition to increase exposure to high-demand, expanding metro areas.