Equity Residential (NYSE:EQR)
$ 66.8 -0.24 (-0.36%) Market Cap: 25.32 Bil Enterprise Value: 32.81 Bil PE Ratio: 27.72 PB Ratio: 2.29 GF Score: 80/100

Equity Residential at Bank of America Global Real Estate Conference (Virtual) Transcript

Sep 22, 2021 / 01:45PM GMT
Release Date Price: $81.37 (+0.83%)
Joshua Dennerlein
BofA Securities, Research Division - Research Analyst

Good morning, everyone. For those of you who don't know me, I'm Josh Dennerlein, Bank of America's Senior Analyst covering the residential REITs. I'm joined by my colleague, Jeff Spector, who is the Head of the Bank of America's REIT team. We're extraordinarily pleased to have with us Equity Residential's President and CEO, Mark Parrell.

(Operator Instructions) With that, I'd like to turn it over to Mark for some brief introductory remarks.

Mark J. Parrell
Equity Residential - President, CEO & Trustee

Yes. Good morning, everyone. I'm Mark Parrell. I'm the CEO of Equity Residential. And just by means of introduction to the company, we're a $38 billion S&P 500 Apartment REIT. Our strategy is to own apartments in places where affluent renters want to live, work and play. That predominantly was the coastal markets of Boston, New York, Washington DC, metro areas, the Bay Area, Southern California and Seattle. In the last few years, we've expanded our presence as our affluent

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