Essex Property Trust Buys 474-Unit Lincoln Landing in Hayward for More Than $200MM, Doubling Down on the East Bay

Essex Property Trust closed on a 2022-built, 474-unit East Bay community for more than $200 million, a property research by The Registry identifies as Lincoln Landing in Hayward, as executives used the REIT's third-quarter call to argue that Bay Area rent growth still has years to run and is now spreading east.