- Essex reported Core FFO per diluted share growth of 2.2% and same-property revenue and NOI growth of 3.3% and 3.2%.
- Portfolio activity included the acquisition of seven Northern California apartment communities for about USD 829.5 million and the sale of five communities for about USD 563.8 million.
- The board approved a 4.9% increase in the annual dividend to USD 10.28 per share, marking the 31st consecutive annual increase.
- Operations at year-end included interests in 259 operating apartment communities totaling 63,077 apartment homes, plus a development pipeline with one consolidated project of 543 apartment homes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Essex Property Trust Inc. published the original content used to generate this news brief on March 27, 2026, and is solely responsible for the information contained therein.
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