Earnings
Essex Flags 10 To 12 Cents Of Higher 2027 Interest Costs As Joint-Venture Swaps Reset
CFO Barbara Pak said new swaps fixed at 5.3% on most joint-venture debt will lift interest expense, and called the rate pressure not company-specific.
ESS
Essex Property Trust (ESS) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Essex CEO On New-Lease Rents: 'We Can Actually Fabricate' Strong Numbers
Angela Kleiman says an empty apartment costs 2% a week, so Essex steers by blended rents rather than the new-lease figure.
Earnings
Essex Raises Core Earnings Outlook As Bay Area Rents Climb 5.4% And Los Angeles Stalls
The West Coast apartment landlord's quarterly net income fell 40.6% on a year-earlier sale gain, while core FFO per share edged up 0.8%.