Founded in 1971, Essex Property Trust, Inc. is a publicly held, fully integrated, real estate investment trust (REIT), that invests in apartment communities along the West Coast. We have continued to grow over the past 40 years by selectively developing, redeveloping and managing multifamily communities located in Northern California, Southern California, and Seattle Metro areas. By focusing on resident satisfaction while retaining our exclusive focus on the West Coast and following a disciplined business strategy, we have been able to produce superior returns and remain one of the top REITs in the industry.
Today, Essex has ownership interests in 139 multifamily communities, aggregating 28,689 units, and has 748 units in various stages of development. Guided by its thorough understanding of the supply-constrained West Coast housing markets, the Company invests in apartment communities that are expected to add value through rental growth and real estate appreciation.