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Essex Property Trust: Low Yield, Small Discount To NAV (NYSE:ESS)

3 Mins read

Essex Property Trust, Inc. (NYSE:ESS), founded in 1971 and headquartered in San Mateo, CA, focuses on the acquisition, development, and leasing of multifamily properties in West Coast markets.

Though the REIT is geographically concentrated, its operational

Stock P/FFO
ESS 14.09
MAA 13.13
UDR 12.96
CPT 12.79
EQR 14.31
Average 13.45

Read the full article here

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