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Stock impact report

Essex Property Trust Announces Recent Transaction Activity

Essex Property Trust, Inc. (ESS) 
Last essex property trust, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.essexapartmenthomes.com
Company Research Source: Business Wire
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today its year to date transaction activity detailed in the table below. The transaction activity year to date results in a reallocation towards the Northern California region with the purchase of newer communities in submarkets where Essex expects lower supply and higher rent growth over the foreseeable future. The match funded transactions are net neutral to the Company’s 2025 Core FFO forecast.ACQUISITIONSPropertyLocationRegionYearBuiltAcquisition DateContract PriceApartment HomesPrice perHome(1)The PlazaFoster City, CANorCal2013Jan 2025$161.4M307$512KOne Hundred GrandFoster City, CANorCal2016Feb 2025$105.3M166 Show less Read more
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