Essex Property Trust, Inc. Common Stock (ESS)

Essex Property Trust, Inc. (NYSEESS) (the “Company”) announced today its fourth quarter and full-year 2024 earnings results and related business activities.

Essex Property Trust, Inc. (NYSEESS) announced today the income tax treatment for its 2024 distributions to shareholders. The 2024 distribution characteristics are as follows:

Essex Property Trust, Inc. (NYSEESS) announced today that it plans to release its fourth quarter 2024 earnings after the market closes on Tuesday, February 4, 2025. A conference call with senior management is scheduled for Wednesday, February 5, 2025 at 9:00 a.m. Pacific Time or 12:00 p.m. Eastern Time.

Essex Property Trust, Inc. (NYSEESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.45 per common share, payable January 15, 2025 to shareholders of record as of January 2, 2025.

Essex Property Trust, Inc. (NYSEESS) (the “Company”) announced today its third quarter 2024 earnings results and related business activities.

Essex Property Trust, Inc. (NYSEESS) announced today that it plans to release its third quarter 2024 earnings after the market closes on Tuesday, October 29, 2024. A conference call with senior management is scheduled for Wednesday, October 30, 2024 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern Time.

Essex Property Trust, Inc. (NYSEESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.45 per common share, payable October 11, 2024 to shareholders of record as of September 30, 2024.

Essex Property Trust, Inc. (NYSEESS) (“Essex”) announced today that its operating partnership, Essex Portfolio, L.P. (the “Issuer”), priced an underwritten public offering of $200 million in additional senior notes due 2034 with a reoffer yield of 5.110% (the “notes”). The notes will be issued as additional notes under the indenture pursuant to which the Issuer previously issued $350 million of 5.500% senior notes due 2034 (the “initial notes”). The notes will be treated as a single series of securities with the initial notes under the indenture and will have the same CUSIP number as, and be fungible with, the initial notes. The notes were priced at 102.871% of par value. Interest is payable semiannually at an interest rate per annum of 5.500% on April 1 and October 1 of each year with the first interest payment due October 1, 2024. The notes mature on April 1, 2034. The notes will be the senior unsecured obligations of the Issuer and will be fully and unconditionally guaranteed by Essex. The notes offering is expected to close on August 21, 2024, subject to the satisfaction of certain closing conditions.

Essex Property Trust, Inc. (NYSEESS) (the “Company”) announced today its second quarter 2024 earnings results and related business activities.

Essex Property Trust, Inc. (NYSEESS) announced today that it plans to release its second quarter 2024 earnings after the market closes on Tuesday, July 30, 2024. A conference call with senior management is scheduled for Wednesday, July 31, 2024 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern Time.

Essex Property Trust, Inc. (NYSEESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.45 per common share, payable July 12, 2024 to shareholders of record as of June 28, 2024.

Essex Property Trust, Inc. (NYSEESS) announces the publication of its 2023 Environmental, Social, and Governance (“ESG”) Report which highlights the Company’s notable progress towards its goals introduced in its 2022 ESG Report, improved benchmark scores, and our recent commitment to setting science-based, near-term greenhouse gas (“GHG”) reduction targets through the Science Based Targets initiative (“SBTi”).

Essex Property Trust, Inc. (NYSEESS) (the “Company”) announced today its first quarter 2024 earnings results and related business activities.

Residential property prices could be on the rise soon, as Blackstone just made a $10 billion bet into the sector, and one other REIT could be next in line

Essex Property Trust, Inc. (NYSEESS) announced today that it plans to release its first quarter 2024 earnings after the market closes on Tuesday, April 30, 2024. A conference call with senior management is scheduled for Wednesday, May 1, 2024 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern Time.

Essex Property Trust, Inc. (NYSEESS) announced today that it acquired its joint venture partner’s 49.9% interest in the BEXAEW portfolio for a total purchase price of $505.0 million on a gross basis. The seller’s cap rate is approximately 5.25%; however, after incorporating additional economic benefits by fully integrating this portfolio into our operating platform, we estimate a 5.9% year-one yield. Concurrent with closing, the Company repaid $219.9 million of debt encumbering the properties and consolidated the communities on the Company’s financials. The portfolio is comprised of four properties totaling 1,480 apartment homes. The portfolio generated an 11.4% IRR and the Company will recognize approximately $1.5 million in promote income, which will be excluded from Core FFO.

Essex Property Trust, Inc. (NYSEESS) (“Essex”) announced today that its operating partnership, Essex Portfolio, L.P. (the “Issuer”), priced an underwritten public offering of $350 million aggregate principal amount of 5.500% senior notes due 2034 (the “Notes”). The Notes were priced at 99.752% of par value with a yield to maturity of 5.532%. Interest is payable semiannually at an interest rate per annum of 5.500% on April 1 and October 1 of each year with the first interest payment due October 1, 2024. The Notes mature on April 1, 2034. The Notes will be the senior unsecured obligations of the Issuer and will be fully and unconditionally guaranteed by Essex. The Notes offering is expected to close on March 14, 2024, subject to the satisfaction of certain closing conditions.

Essex Property Trust, Inc. (NYSEESS) announced today that Angela L. Kleiman, President and CEO, will be participating in a roundtable presentation at the 2024 Citigroup Global Property CEO Conference held in Hollywood, FL on Tuesday, March 5, 2024, at 11:40 a.m. Eastern Time.

Essex Property Trust, Inc. (NYSEESS) announced today that its Board of Directors has approved a 6.1% increase to its annual cash dividend. This represents the Company’s 30th consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.45 per share, payable on April 12, 2024 to shareholders of record as of March 29, 2024. On an annualized basis, the dividend represents a distribution of $9.80 per common share.

Essex Property Trust, Inc. (NYSEESS) (the “Company”) announced today its fourth quarter and full-year 2023 earnings results and related business activities.

Essex Property Trust, Inc. (NYSEESS) announced today the income tax treatment for its 2023 distributions to shareholders. The 2023 distribution characteristics are as follows:

Essex Property Trust, Inc. (NYSEESS) announced today that it plans to release its fourth quarter 2023 earnings after the market closes on Tuesday, February 6, 2024. A conference call with senior management is scheduled for Wednesday, February 7, 2024 at 11:00 a.m. Pacific Time or 2:00 p.m. Eastern Time.

Essex Property Trust, Inc. (NYSEESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.31 per common share, payable January 12, 2024 to shareholders of record as of January 2, 2024.

Essex Property Trust, Inc. (NYSEESS) (the “Company”) announced today its third quarter 2023 earnings results and related business activities.

Essex Property Trust, Inc. (NYSEESS) announced today that it plans to release its third quarter 2023 earnings after the market closes on Thursday, October 26, 2023. A conference call with senior management is scheduled for Friday, October 27, 2023 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern Time.