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Strong Demand From Affluent Apartment Renters Boosts Equity Residential’s Earnings

Supply Issues Pose Challenge in Sun Belt, REIT Says
Helios apartments in downtown Seattle is one of several Equity Residential-owned properties offering concessions. (CoStar)
Helios apartments in downtown Seattle is one of several Equity Residential-owned properties offering concessions. (CoStar)
CoStar News
April 24, 2024 | 8:55 P.M.

Apartment owner Equity Residential's revenue grew to start 2024 as the well-paid, highly educated renters it targets benefit from low unemployment and stubbornly high costs discourage homebuying.

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