Equity Residential seeks deals with the following characteristics:
Location and Size
Properties in major metropolitan areas and growing markets nationwide, typically including 200 units or more.
Asset Age
Prefer 1990 or newer, but we will consider older properties with quality construction and desirable location. Equity Residential will acquire renovation/repositioning opportunities.
Deal Structure and Size
Typically all-cash transactions, but we will consider assumption of existing financing or seller financing if the terms are favorable. As an UPREIT, Equity Residential is able to issue operating partnership units as an alternative to cash, providing the seller with tax deferment advantages. Single asset acquisitions to large portfolios. We are also actively seeking joint venture development and pre-sale opportunities. Please call for more information.
Submissions
Please contact the individual acquisitions officer responsible for each region listed on the "contact" section, or his / her assistant prior to sending any new submissions.
You may also contact Executive Vice President of Acquisitions / Dispositions, Alan W. George; at (312) 928-1259, or his assistant Sarah Babcock , at (312) 928-1251, with any questions. Equity Residential''''s extensive database helps us to quickly determine if we have any interest in the property and if it has been recently submitted.
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