Publicly traded Essex Property Trust has purchased the remaining stake in an existing joint venture that owns apartment communities in Southern California and Washington state for more than a half a billion dollars after a relatively quiet 2023.
Half-Billion Dollar Apartment Purchase Puts Essex in Full Control of Joint Venture
Company Acquires Remaining Stake in Portfolio, Betting on Rent Growth
By Jon Leckie
CoStar News
March 26, 2024 | 10:51 P.M.
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IN THIS ARTICLE
- Properties
- Bothell Ridge
19928 Bothell Everett Hwy, Bothell, WA
- Parkside Court
4200 First St, Santa Ana, CA
- The Havens
10441 Slater Ave, Fountain Valley, CA
- Esplanade
10201 Camino Ruiz, San Diego, CA
- Companies
- Essex Property Trust, Inc.
Real Estate