Essex Property Trust
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments, primarily on the West Coast of the United States.
As of December 31, 2019, the company owned interests in 250 apartment complexes, aggregating 60,570 apartment units, and 1 office building comprising 106,716 square feet.History
The company was founded in 1971 by billionaire George M. Marcus, who also founded Marcus & Millichap that same year.
On June 13, 1994, the company became a public company via an initial public offering.
In 2014, the company acquired BRE Properties for $4.3 billion. The same year it was added to the S&P 500 Index.
