Equity Residential

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Equity Residential
Public
Traded as NYSEEQR
S&P 500 Component
Founded 1969
Headquarters Riverside Plaza
Chicago, Illinois
, United States
Number of locations
350
Key people
David Neithercut (CEO) Samuel Zell (Chairman)
Revenue $2B (USD)
Number of employees
4000
Website www.equityresidential.com

Equity Residential is a member of the S&P 500, a publicly traded real estate investment trust based in Chicago, Illinois. The company owns or has an interest in more than 350 apartment communities in 11 states and the District of Columbia.

The company has approximately 4000 employees.[citation needed]

History[edit]

The company was founded in 1969 by real-estate investor Sam Zell, who is also the current chairman. The company has been publicly traded and has paid a cash dividend to shareholders every year since 1993.[citation needed]

On February 27, 2013, Equity Residential closed a $9 billion deal to acquire Archstone from Lehman Brothers.[1]

Products[edit]

Equity Residential develops, owns, and operates apartment communities in 11 states and Washington DC.

External links[edit]

References[edit]