
Essex Property Trust, Inc. (ESS), headquartered in San Mateo, California, is a prominent real estate investment trust (REIT) specializing in multifamily residential properties. With a market cap of $19.28 billion, Essex Property Trust owns, manages, and develops high-quality apartment communities in West Coast markets.
Companies valued at $10 billion or more are classified as "large-cap" stocks, and Essex Property Trust fits right into this category, reflecting its significant scale, stability, and leadership within the multifamily residential real estate sector.