# Essex Property Trust

> Essex Property Trust is a publicly traded residential REIT that owns, operates, acquires, develops and redevelops apartment communities in Southern California, the San Francisco Bay Area and metropolitan Seattle. Its strategy combines local market research, constrained housing supply and access to public capital. At December 31, 2025, it held interests in 259 operating apartment communities with 63,077 homes.

- **Founded:** 1971
- **Headquarters:** San Mateo, United States
- **Founders:** George M. Marcus (Founder and Chairman)
- **Products:** Apartment rentals, Property operations and redevelopment, Smart home and resident services, Retail leasing, Structured finance investments
- **Notable:** Went public on the NYSE as ESS in 1994., Obtained an investment-grade rating in 2004., Completed the BRE merger and entered the S&P 500 in 2014.

## Products & services

- **Apartment rentals** — Studio and larger apartment homes across selected California and Seattle-area markets; availability and lease pricing vary by community.
- **Property operations and redevelopment** — Leasing, maintenance, asset management and capital improvements for owned and co-investment communities.
- **Smart home and resident services** — Selected apartments offer smart locks and remote thermostats; online tools support rent payments, paperless leasing and service requests.
- **Retail leasing** — Commercial spaces in residential communities, including Station Park Green in San Mateo.
- **Structured finance investments** — Preferred equity and loan investments complement direct apartment ownership.

## Achievements

- Went public on the NYSE as ESS in 1994.
- Obtained an investment-grade rating in 2004.
- Completed the BRE merger and entered the S&P 500 in 2014.
- Achieved S&P 500 Dividend Aristocrat status in 2020.
- Raised the annual dividend for the 31st consecutive year in 2025.

## Latest updates

- **2026-06** — CEO Angela Kleiman discussed Bay Area apartment demand and startup activity in a Nareit interview.
- **2026-07** — Q2 same-property revenue rose 2.7% and Core FFO per diluted share rose 1.2%; Essex raised its full-year Core FFO guidance midpoint to $16.14. Total FFO fell 17.6%, primarily because of legal settlements.
- **2026-10** — Investor relations lists the Q3 2026 earnings conference call for October 28; as of October 23, Q2 remains the latest reported quarter on its overview page.

## Links

- Website: https://www.essexapartmenthomes.com/
- LinkedIn: https://www.linkedin.com/company/essex-property-trust/
- Twitter/X: https://twitter.com/EssexProperties
- Instagram: https://www.instagram.com/essexapartmenthomes/
- Facebook: https://www.facebook.com/EssexProperty

---

Profile page: https://yespress.io/essex-property-trust
Published by YesPress — https://yespress.io
Last updated: 2026-10-23