Chicago, Illinois-based Equity Residential (EQR) is a REIT which acquires, develops, and manages apartment complexes in the U.S. Valued at $22.8 billion by market cap, the company owns and manages 312 rental properties consisting of 85,190 apartment units in dynamic metro areas across the U.S. with a primary concentration in major coastal markets.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and EQR perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the REIT - residential industry. EQR's strength lies in its focus on top metros with strong job growth and high-earning sectors, attracting high-income renters and driving stable returns.
