Essex Property Trust
KKR Buys 636-Unit Lynhaven Apartments in San Jose for $346.5MM
San Jose’s apartment market absorbed its third above-average per-unit sale in recent weeks as KKR paid $346.5 million for the 636-unit Lynhaven, a...
Carmel Partners Buys 263-Unit Silver Apartments in San Jose for $122MM
The $465,000-per-unit price lands near the middle of a run of recent Santa Clara County apartment trades, arriving as Essex’s own leadership points...
Essex Property Trust Settles RealPage Rent-Algorithm Antitrust Case for $36.5MM
Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage’s rent-setting...
Essex’s Northern California Apartments Lead the Portfolio as Q2 Revenue Climbs 4.4%
Essex Property Trust’s Northern California apartments outperformed every other region in its portfolio during the second quarter of 2026, as tightening Bay Area...
Holland Partner Group Acquires 218-Unit Meridian at Midtown in San Jose from Essex Property Trust for $105.3MM
Holland Partner Group’s acquisition of Meridian at Midtown from Essex Property Trust captures the peculiar math of Bay Area multifamily in 2026 —...
San Francisco Senator’s Plug-In Solar Bill Advances, Targeting High Power Bills in a Rebounding Rental Market
A San Francisco lawmaker’s push to free small, portable solar systems from utility red tape is gaining momentum in Sacramento, arriving just as...
Burbank Housing Sells 122-Unit Cypress Ridge LIHTC Community in Santa Rosa for $18.8MM
The Sonoma County nonprofit recycles capital out of a 2004-vintage tax-credit asset as its development pipeline expands across the North Bay. Burbank Housing...
Northern California Carries Essex as Bay Area Tech Demand Outpaces Seattle, Los Angeles in Q1
The West Coast’s largest multifamily REIT beat expectations as cap rate compression and a $62 million stock buyback signaled a private-public valuation gap....
Apartment Titans AvalonBay and Equity Residential Eye $50B Merger That Could Redraw US Rental Map
The two largest US apartment REITs are in early-stage talks on a combination that would create a roughly 200,000-unit landlord and reignite REIT...
Northern California Powers Essex Q1 2026 Beat as Bay Area Rents Outrun Coast and Seattle
The San Mateo-based REIT’s home region delivered 3.9 percent revenue growth and 5.6 percent NOI gains, with Santa Clara, San Mateo, and San...
Essex Property Trust Doubles Down on Northern California With $830MM Acquisition Spree as AI-Fueled Demand Drives Rent Growth
The apartment REIT deployed more capital into the Bay Area than any other region in 2025, acquiring seven communities as Northern California posted...
Raintree Partners Lists 84-Unit 1122U Apartment Community in Berkeley for Sale
The 2010-vintage mixed-use property on University Avenue hits the market as transaction volume accelerates across the East Bay multifamily sector. Raintree Partners has...
