Essex Property Trust, Inc. (ESS) is a real estate investment trust (REIT) focused on the ownership, operation, and development of multifamily residential properties. The company concentrates its efforts on high-demand West Coast markets, including Northern and Southern California, as well as the Seattle metropolitan area.
A limited housing supply and strong rental demand characterize these regions. By targeting supply-constrained urban areas, the company aims to generate consistent rental income while enhancing long-term property value through redevelopment and strategic investments. The company currently has a market capitalization of $17.05 billion.
