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Essex Property Trust, Inc. (NYSE:ESS) announced today that it acquired its joint venture partner’s 49.9% interest in the BEXAEW portfolio for a total purchase price of $505.0 million on a gross basis. The seller’s cap rate is approximately 5.25%; however, after incorporating additio...
2024-03-12 05:00:47 ET AI stocks are booming —but they’re an absolute “dividend desert” for us contrarian income-seekers. Or are they? Most tech stocks—and I’d put AI darling NVIDIA (NVDA) , with its pathetic 0.02% yield, at the top ...
Essex Property Trust, Inc. (NYSE:ESS) (“Essex”) announced today that its operating partnership, Essex Portfolio, L.P. (the “Issuer”), priced an underwritten public offering of $350 million aggregate principal amount of 5.500% senior notes due 2034 (the “Notes...