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Stock impact report

Essex Property Trust Announces Recent Transaction Activity [Yahoo! Finance]

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: Yahoo! Finance
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. ACQUISITIONS Property Location Region Year Built Acquisition Date Contract Price Apartment Homes Price per Home The Plaza Foster City, CA NorCal Jan 2025 $161.4M $512K One Hundred Grand Foster City, CA NorCal Feb 2025 $105.3M $615K ROEN Menlo Park Menlo Park, CA NorCal Feb 2025 $78.8M $539K Total $345.5M $546K DISPOSITIONS Property Location Region Year Built Disposition Date Contract Price Apartment Homes Price per Home Highridge Rancho Palos Verdes, CA SoCal Feb 2025 $127.0M $498K Essex Skyline Santa Ana, CA SoCal Apr 2025 $239.6M $685K Total $366.6M Show less Read more
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