Essex Property Trust Inc (NYSE:ESS)
$ 291 10.39 (3.7%) Market Cap: 18.70 Bil Enterprise Value: 24.97 Bil PE Ratio: 34.00 PB Ratio: 3.44 GF Score: 82/100

Essex Property Trust Inc at Bank of America Global Real Estate Conference Transcript

Sep 12, 2023 / 06:10PM GMT
Release Date Price: $225.66 (+0.71%)
Joshua Dennerlein
BofA Securities, Research Division - VP

Here we go. My name is Josh Dennerlein. I cover the residential REITs at BofA. I'm pleased to be here with Essex management team, CEO, Angela Kleiman; CFO, Barb Pak; and Rylan Burns, who has a new title, which we'll -- I'm sure we'll go through a little bit later.

But with that, I'll pick it up -- or I'll pass it over to Angela, who can give a brief introduction on Essex.

Angela L. Kleiman
Essex Property Trust, Inc. - President, CEO & Director

Well, great. It's great to be here, and thanks for having us, Josh. You guys always do such a nice job on this conference. And it's good to see everybody here.

Essex, for those of you who are not familiar with us, is an S&P 500 company, about $22 billion in total market cap. And we focus on West Coast, so California and Washington apartments and up and down the coast, close to major job centers. And we are a dividend aristocrat, which means we've grown our dividends consecutively for over 25 years. In fact, we just announced our 29th

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