San Mateo, California – June 3, 2022 – Essex Property Trust, Inc. (NYSE:ESS) announced today that it
has published its June 2022 Investor Presentation with an update to its 2022 MSA Level Forecast. As a
result of improving market conditions, the Company increased its second quarter and full-year guidance
for Core FFO per share and full-year guidance for same-property revenues and net operating income. The
revised midpoint for all metrics now exceeds the high-end of the prior ranges. Additional details can be
found in the updated Investor Presentation which can be accessed on the Investors section of the
Company’s website at www.essex.com.
The Company is scheduled to participate in the 2022 Nareit REITweek Conference held in New York
from June 7-8, 2022. The Company’s President and Chief Executive Officer, Michael J. Schall, will
present at the conference on June 7, 2022 at 3:00 P.M. EST. A live webcast of the presentation will be
made available on the investors section of the Company’s website at www.essex.com.
About Essex Property Trust, Inc.
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT)
that acquires, develops, redevelops, and manages multifamily residential properties in selected West
Coast markets. Essex currently has ownership interests in 253 apartment communities comprising
approximately 62,000 apartment homes with an additional 2 properties in various stages of active
development. Additional information about the Company can be found on the Company’s website at
www.essex.com.
Contact Information
Rylan Burns
Group Vice President of Private Equity & Finance
(650) 655-7800
rburns@essex.com
Essex Property Trust, Inc.
Symbol: ESS
CIK: 920522
Exchange: NYSE
Founded: 1971 (53 years)
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Residential
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score.
Latest Price: $271.96
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Previous Close: $269.60
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52-Week High: $282.22
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Last updated: 2024-11-23 - v1.3