| The Yield Hunter Let's make some money and sleep well at night |
| Essex Property Trust A Residential REIT Period Ending 6/30/2008 |
Copyrights 2006-2007 SGM Publishing |
| Update 9/7/2008 |
Essex Property Trust, Inc., a real estate investment trust (REIT),
engages in the ownership, operation, management, acquisition,
development, and redevelopment of apartment communities in the
United States. It has a 90.4% general partner interest in Essex
Portfolio, L.P. As of December 31, 2006, the company owned or
held an interest in 130 apartment communities comprising 27,553
apartment units, of which 13,285 units were located in Southern
California, 7,490 units were located in the San Francisco Bay
Area, 5,441 units were located in the Seattle Metropolitan Area,
and 1,337 units were located in the other areas including
Portland, Oregon, and Houston, Texas. Its other properties
included 2 recreational vehicle parks, 3 office buildings, and 1
manufactured housing community. As a REIT, the company is not
subject to federal income tax on that portion of its income that it
distributes to stockholders. The company was founded in 1971
and is headquartered in Palo Alto, California.
engages in the ownership, operation, management, acquisition,
development, and redevelopment of apartment communities in the
United States. It has a 90.4% general partner interest in Essex
Portfolio, L.P. As of December 31, 2006, the company owned or
held an interest in 130 apartment communities comprising 27,553
apartment units, of which 13,285 units were located in Southern
California, 7,490 units were located in the San Francisco Bay
Area, 5,441 units were located in the Seattle Metropolitan Area,
and 1,337 units were located in the other areas including
Portland, Oregon, and Houston, Texas. Its other properties
included 2 recreational vehicle parks, 3 office buildings, and 1
manufactured housing community. As a REIT, the company is not
subject to federal income tax on that portion of its income that it
distributes to stockholders. The company was founded in 1971
and is headquartered in Palo Alto, California.
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