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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