Essex Bets Big on Bay Area Recovery, Deploys 90% of Acquisition Capital to Northern California

REIT targets high-growth Bay Area submarkets as region leads portfolio performance Essex Property Trust concentrated nearly all its recent acquisition activity in Northern California, betting on the region's superior long-term growth prospects as tech employment rebounds and new apartment supply remains constrained—a strategic shift that is already generating measurable returns. The San Mateo-based REIT deployed […]