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Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area. [ 1 ] As of December 31, 2023, the company owned interests in 252 apartment complexes, aggregating 61,997 apartment units, and 3 commercial office buildings, comprising 283,000 square feet.
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The five largest REITs in the United States are: American Tower Corporation, Prologis, Crown Castle International, Simon Property Group and Weyerhaeuser. [1]The following is a list of notable publicly-traded real estate investment trusts based in the United States.
In 1971, he co-founded Marcus & Millichap, [5] with William A. Millichap.. Marcus is founder and chairman of Essex Property Trust. [4] [2] He owned 2.4% stake.[5]During the 1980s he was a trustee of the California State University and is a member of the CSU Foundation's board of governors.
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The business was founded on 17 July 1959 as General Ceylon (Holdings) Limited, but changed its name to The Property Trust plc on 18 January 1985. It was listed on the London Stock Exchange from November 1992 to September 2001. Today, the ultimate holding company of the group is PT Holdings Limited, a company registered in Hamilton, Bermuda. [1]
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