Essex Property Trust Inc (STU:EXP)
€ 231.2 -0.9 (-0.39%) Market Cap: 15.19 Bil Enterprise Value: 20.77 Bil PE Ratio: 31.25 PB Ratio: 2.96 GF Score: 82/100

Essex Property Trust Inc at REITWeek: NAREIT's Investor Forum Transcript

Jun 04, 2019 / 07:00PM GMT
Andrew T. Babin
Robert W. Baird & Co. Incorporated, Research Division - Senior Research Analyst

Hey, good afternoon, everybody. My name is Drew Babin from Robert W. Baird. I'm the residential analyst. I'm here with Mike Schall, John Burkart and Angela Kleiman from Essex Property Trust. Thank you all very much for allowing me to host this panel and thank you all for attending.

And with that, I'll hand it over to management for a quick set of prepared remarks, and then we'll open it up for questions at that point.

Michael J. Schall
Essex Property Trust, Inc. - President, CEO & Director

Very good. Thanks, Drew. Thank you all for joining us today. Everyone can hear us back there, I assume? Great. By way of background, Essex is an S&P 500 company with more than 60,000 apartment units. We are a dedicated -- we're the only multifamily company that's dedicated to the West Coast, essentially the coastal urban markets in California and Washington, an area that represents, if you take those 2 states just by themselves, represents around the fifth

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