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Stock impact report

Essex Property Trust Updates Stakeholders on COVID-19 Response for Tenants and Employees

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 it has implemented a wide range of policies to protect and support our residents, employees, and protect local jobs in light of the extraordinary challenges resulting from the COVID-19 pandemic. Essex’s top priorities remain the health and safety of its residents and employees, as well as providing the necessary resources and flexibility to assist during this unprecedented time.Halt evictions for 90 days for residents who have been financially impacted by the COVID-19 pandemic, such as job loss, reduction of work hours, business closure, furlough or layoff.Avoid rent increases for 90 days by offering a lease renewal with no rent increase to help residents weather the crisis.Create payment plans for residents who are unable to pay their rent as a result of the outbreak and waive late fees for those residents.Identify and share government and community resources to help residents secure food, f Show less Read more
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