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Stock impact report

Big Real Estate Raises $140 Million to Kill Rent Control and Attack AHF (Yes on 33) [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
LOS ANGELES, October 21, 2024 BUSINESS WIRE )--The greedy corporate interests behind both the campaign to stop rent control in California and the campaign to punish the nonprofit sponsoring rent control now have raised more than $140 million. That money is being spent on – among other things – advertisements designed to deceive statewide voters in advance of the November 5 th election. In a kind of shell game, corporate landlords contribute millions in campaign cash to the California Apartment Association Issues Committee. CAA then moves that corporate landlord money to both No on 33 and Yes on 34. To date, the CAA Issues Committee has raised $119,917,365, according to campaign filings at the California Secretary of State website . Its top three contributors are Essex Property Trust ($28,795,000), Equity Residential ($20,468,500), and AvalonBay Communities ($18,179,000). Both Essex Property Trust and Equity Residential are mired in the RealPage price-fixing scandal Three separa Show less Read more
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