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Benzinga
Benzinga
Business
Kevin Vandenboss

It Might Be Time To Bail On This Once Promising Apartment REIT

REIT Equity Residential NYSE Piper Sandler United States

The real estate investment trust Equity Residential (NYSE:EQR) is one of the most popular apartment REITs and one that analysts have been giving favorable ratings to so far this year. The company owns or has investments in 311 properties consisting of 80,581 apartment units.

Considering that multifamily real estate is one of the most resilient asset classes, especially as homeownership is becoming increasingly unaffordable, it’s no surprise that analysts have had a positive outlook on this REIT.

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