Essex Property Trust
Essex Property Trust is a fully integrated real estate investment trust (REIT) that specializes in the acquisition, development, and management of multifamily residential properties primarily located on the West Coast of the United States. With ownership interests in 254 apartment communities comprising over 62,000 units, the company targets urban and suburban submarkets in Southern California, Northern California, and Seattle. Established in 1971 and publicly traded since 1994, Essex has developed a diversified portfolio that benefits from strong market fundamentals and housing constraints in its target areas. The company employs a strategic approach to investment, which includes ongoing market analysis and the exploration of new opportunities that support rental growth. Its solid financial position allows for flexibility in acquisition and development activities, ultimately aiming to enhance shareholder value through consistent returns, including dividend increases and stock price appreciation. Essex Property Trust is headquartered in Palo Alto, California.
Top Stages
4 past transactions
GiGstreem
Venture Round in 2023
GiGstreem, LLC, founded in 2016 and based in Tysons, Virginia, is a broadband Internet service provider that caters to both residential and commercial customers. The company specializes in high-speed internet solutions, offering fiber and micro/fiber hybrid services designed to enhance connectivity for homes and businesses. In addition to standard internet access, GiGstreem provides a range of services, including business phone solutions, managed network services, and temporary event Wi-Fi for live streaming. By focusing on speed and customer support, GiGstreem aims to transform the high-speed internet landscape, meeting the diverse needs of its clients.
SmartRent
Series B in 2019
SmartRent is an enterprise home automation company specializing in smart home and smart building technology tailored for multifamily communities. The company develops a comprehensive platform that enables property owners and managers to monitor and control their assets effectively, enhancing operational efficiencies while also creating opportunities for additional revenue. SmartRent’s offerings include software and hardware solutions that provide seamless visibility and control for property managers, while also delivering an integrated home control experience for residents. Operating primarily in the United States, SmartRent is committed to improving the management of multifamily properties through innovative technology solutions.
Bre Properties
Acquisition in 2014
Bre Properties is a self-administered equity real estate investment trust focused on the development, acquisition and management of multifamily apartment communities in nine targeted metropolitan markets of the Western United States.
MyNewPlace
Series A in 2006
MyNewPlace is one of the largest apartment listing websites in the United States, specializing in connecting landlords with potential tenants. Headquartered in San Francisco's SoMa neighborhood and owned by RealPage, the platform offers comprehensive listings of apartments and homes for rent. Users have access to detailed property information, including photos, videos, mapping features, and city profiles that provide insights into demographics and rental trends. MyNewPlace is recognized for its user-friendly design, flexibility in apartment searches, and innovative social networking features, being the first in the industry to integrate platforms like Facebook Connect and Twitter. The company also launched a mobile application that includes GPS-based apartment searches and tools for note-taking on listings, enhancing the rental experience for users. Regularly updated blogs on rental living tips further support consumers in their search for housing.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.