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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)

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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