--- title: "Essex Property Trust Announces Recent Transaction Activity | ESS Stock News" description: "Essex Property Trust, Inc. (NYSE:ESS) reported its year-to-date transaction activity, focusing on acquisitions and dispositions in Northern California. The company acquired three properties for a tota" type: "news" locale: "en" url: "https://longbridge.com/en/news/234500750.md" published_at: "2025-04-03T20:45:00.000Z" --- # Essex Property Trust Announces Recent Transaction Activity | ESS Stock News > Essex Property Trust, Inc. (NYSE:ESS) reported its year-to-date transaction activity, focusing on acquisitions and dispositions in Northern California. The company acquired three properties for a total of $345.5 million and disposed of two properties for $366.6 million. CEO Angela Kleiman highlighted the productive first quarter aimed at enhancing FFO and NAV per share growth. Essex currently manages 257 apartment communities with over 62,000 homes. The press release includes forward-looking statements regarding future expectations and risks associated with market uncertainties. 04/03/2025 - 04:45 PM SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today its year to date transaction activity detailed in the table below. The transaction activity year to date results in a reallocation towards the Northern California region with the purchase of newer communities in submarkets where Essex expects lower supply and higher rent growth over the foreseeable future. The match funded transactions are net neutral to the Company’s 2025 Core FFO forecast. **ACQUISITIONS** **Property** **Location** **Region** **Year** **Built** **Acquisition Date** **Contract Price** **Apartment Homes** **Price per** **Home(1)** The Plaza Foster City, CA NorCal 2013 Jan 2025 $161.4M 307 $512K One Hundred Grand Foster City, CA NorCal 2016 Feb 2025 $105.3M 166 $615K ROEN Menlo Park Menlo Park, CA NorCal 2017 Feb 2025 $78.8M 146 $539K **Total** **\-** **\-** **\-** **\-** **$345.5M** **619** **$546K** **DISPOSITIONS** **Property** **Location** **Region** **Year** **Built** **Disposition Date** **Contract Price** **Apartment Homes** **Price per** **Home(1)** Highridge Rancho Palos Verdes, CA SoCal 1972 Feb 2025 $127.0M 255 $498K Essex Skyline Santa Ana, CA SoCal 2008 Apr 2025(2) $239.6M 350 $685K **Total** **\-** **\-** **\-** **\-** **$366.6M** **605** **$606K** 1) Price per apartment home excludes value allocated to retail space. 2) Closed April 2, 2025 “We are pleased to announce a productive first quarter of acquisitions and dispositions that are advancing our mission to drive FFO and NAV per share growth. The newly acquired properties will seamlessly integrate into our existing property collections operating model, further optimizing our operating platform and generating additional yield for our investors,” said Angela Kleiman, President & CEO. **About Essex Property Trust, Inc.** Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (“REIT”) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 257 apartment communities comprising over 62,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com. **Safe Harbor Statement** This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are statements which are not historical facts, including statements regarding our expectations, estimates, assumptions, hopes, intentions, beliefs and strategies regarding the future. Words such as “expects,” “assumes,” “anticipates,” “may,” “will,” “intends,” “plans,” “projects,” “believes,” “seeks,” “future,” “estimates,” and variations of such words and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, among other things, statements related to the Company’s expected year-one yield, recognition of promote income and annual accretion to Core FFO. We cannot assure the future results or outcome of the matters described in these statements; rather, these statements merely reflect our current expectations of the approximate outcomes of the matters discussed. Factors that might cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements include, but are not limited to, those associated with market risks and uncertainties, as well as the risks referenced in our most recent annual report on Form 10-K and any subsequent current reports on Form 8-K filed (and not furnished) by us with the SEC, as well as those risk factors and special considerations set forth in our other filings with the SEC which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. All forward-looking statements are made as of the date hereof, we assume no obligation to update or supplement this information for any reason, and therefore, they may not represent our estimates and assumptions after the date of this press release. View source version on businesswire.com: https://www.businesswire.com/news/home/20250403433817/en/ Loren Rainey Director, Investor Relations (650) 655-7800 lrainey@essex.com Source: Essex Property Trust, Inc. ### Related Stocks - [ESS.US - Essex Property Trust](https://longbridge.com/en/quote/ESS.US.md) - [EPRT.US - Essential Properties Realty](https://longbridge.com/en/quote/EPRT.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 埃塞克斯信託（ESS）的看漲理由可能會隨着新的票據交易和分析師的支持而發生變化 | Cantor Fitzgerald 重申了對埃塞克斯信託的積極展望，指出其強勁的基本面和 4% 的股息收益率。最近的 3.5 億美元無擔保債券發行增強了財務靈活性，這在房地產投資信託（REIT）行業日益增長的併購興趣中至關重要。雖然此次發行 | [Link](https://longbridge.com/en/news/271964537.md) | | 華為發佈 2026 年智能光伏與儲能十大趨勢 | 華為數字能源發佈了《2026 年智能光伏與儲能系統十大趨勢》報告，重點關注可再生能源系統的進展。主要趨勢包括光伏、風能和儲能系統（ESS）協同作用以實現穩定發電，形成電網穩定性的重要性，以及人工智能在優化能源體驗中的整合。報告強調了高功率密 | [Link](https://longbridge.com/en/news/272375036.md) | | 埃塞克斯信託公佈 2025 年股息分配的詳細信息 | 埃塞克斯信託公司（Essex Property Trust Inc.）已宣佈其 2025 年分配的所得税處理，總計每股 10.16 美元。其中，96.736% 被歸類為普通應税股息，其餘部分為資本利得。在這一年中沒有產生外國税。這一公告於 | [Link](https://longbridge.com/en/news/272878375.md) | | 埃塞克斯信託的第四季度淨收入未達到預期 | 埃塞克斯信託報告第四季度淨收入未達預期，每股收益為 1.25 美元，低於 1.48 美元的市場共識預期。由於同物業收入增長 3.8%，核心每股 FFO 增長 1.5%。該公司發行了 3.5 億美元的高級無擔保債券，保持了強勁的流動性。對於 | [Link](https://longbridge.com/en/news/274870305.md) | | 埃塞克斯信託（NYSE:ESS）公佈季度財報，每股收益比預期低 0.02 美元 | 埃塞克斯信託（NYSE:ESS）報告的季度每股收益為 3.98 美元，低於分析師預期的 4.00 美元，差距為 0.02 美元。該公司的股本回報率為 14.68%，淨利潤率為 45.46%。在財報發佈後，股價上漲 2.2%，達到 253.0 | [Link](https://longbridge.com/en/news/274874372.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.