Equity Residential Continues to Expand Beyond the Coasts

·4 min read

Apartment behemoth Equity Residential (NYSE: EQR) had narrowed its strategy over the years to concentrate on major coastal gateway cities Boston; New York; Washington, D.C.; Seattle; San Francisco; and those in Southern California. As a result, apartment demand and rental rates have steadily grown, making them great markets for this real estate investment trust (REIT). Equity Residential detailed its latest moves in its second-quarter report.

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