Essex Property Trust, Inc. is an S&P 500 real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. The company currently has ownership interests in 258 apartment communities comprising over 62,000 apartment homes, with an additional property in active development (7 South Linden in South San Francisco, 543 homes). Its portfolio spans Southern California (Los Angeles, Orange, San Diego, and Ventura counties), Northern California (Santa Clara, Alameda, San Mateo, Contra Costa counties, and San Francisco), and the Seattle Metro area. Essex also participates in co-investment joint ventures through entities including Wesco I, III, IV, V, VI, and VII, BEX IV, and others, and maintains preferred equity investments in apartment communities. The company's same-property portfolio encompasses 52,135 apartment homes across these three West Coast regions. Updated
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Essex Property Trust, Inc. is an S&P 500 real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets.
What is the ESS stock price target?
The Wall Street consensus 12-month price target for ESS is $304.07.