From Yahoo Finance: 2025-06-03 11:53:00

Equity Residential is set to acquire 8 garden-style properties with 2,064 units in Atlanta for $535 million. The purchase is funded by selling older assets in coastal markets, aiming for growth in Atlanta, Dallas, and Austin. The REIT expects $1.5 billion in acquisitions and $1 billion in dispositions in 2025. CEO Mark Parrell emphasizes investing in primary markets for growth. Despite challenges from new supply, Atlanta, Dallas, and Austin performed as expected in the first quarter. Denver’s demand was weaker than anticipated. EQR remains focused on strategic acquisitions and growth opportunities.



Read more at Yahoo Finance: EQR to purchase 8 apartment properties for $535M