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Essex Property Trust, Inc. Overview

State:California
Country:United States
Industry:Real Estate Operations
Description:
Essex Property Trust, Inc. (Essex) operates as a self-administered and self-managed real estate investment trust (REIT). The Company is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of apartment communities. The Company owns all of its interest in its real estate investments directly or indirectly through Essex Portfolio, L.P. (the Operating Partnership). The Company is the sole general partner of the Operating Partnership and, as of December 31, 2009, owns a 92.3% general partnership interest. As of December 31, 2009, Essex owned or held an interest in 133 apartment communities, aggregating 27,248 units, located along the West Coast, as well as five office buildings (totaling approximately 215,840 square feet), and four active development projects with 581 units in various stages... (More)










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