Essex Property Trust
Silicon Valley Money Sinks Prop 40 Billionaire Tax as San Francisco Votes Yes and Peninsula Says No
The Associated Press called Proposition 40 defeated on Nov. 9, ending a one-time 5 percent tax on California billionaires' net worth after a...
Oakland’s Deep Free-Rent Deals Collapse: Six-Week Concessions Fall to 14% of Leases, Martin Group Data Shows
Leasing data compiled by The Martin Group of Companies shows the deepest free-rent packages at stabilized Oakland apartment buildings shrinking sharply over the...
Essex Property Trust Puts 213-Unit 360 Residences Tower in Downtown San Jose Up for Sale
Essex Property Trust has put 360 Residences, the 23-story, 213-unit apartment tower it bought for $133.5 million in 2017, on the market in...
Essex Property Trust Buys 474-Unit Lincoln Landing in Hayward for $205.3MM, Doubling Down on the East Bay
Essex Property Trust closed on a 2022-built, 474-unit East Bay community for $205.3 million, a property research by The Registry identifies as Lincoln...
Essex Property Trust Takes Control of 378-Unit Portico in Oakland’s Brooklyn Basin After $156.5MM Debt Workout
Essex Property Trust disclosed that it now owns a 2024-built, 378-unit apartment community in Oakland after liquidating a $64.2 million subordinated loan and...
Kennedy Wilson Buys 312-Unit One South Market Tower in Downtown San Jose for $176MM
One South Market sold at about 46.5 percent above Marcus & Millichap’s South Bay average per-unit price, while Yardi Matrix reports that only...
Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper
Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading...
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 268-Unit Silver Apartments in San Jose for $122MM
The $456,000-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 —...
