Equity Residential reaffirms 2025 revenue growth guidance

Equity Residential (NYSE: EQR) provided an operating update confirming its same store revenue growth remains within the company's previously issued guidance range. The Chicago-based apartment owner expects to produce same store revenue growth of 2.6% to 3.2% for the full year 2025.

The company reported it is completing its primary leasing season with high physical occupancy and strong tenant retention. Equity Residential maintains its expectation for physical occupancy of 96.4% for 2025.

The company also reaffirmed its third quarter 2025 blended rate growth guidance of 2.2% to 2.8%. Blended rate represents the weighted average of new lease changes and renewal rate achieved.

Equity Residential owns or has investments in 317 properties consisting of 85,936 apartment units. The company maintains an established presence in Boston, New York, Washington D.C., Seattle, San Francisco and Southern California, with expanding operations in Denver, Atlanta, Dallas/Fort Worth and Austin.

The operating update follows the company's second quarter 2025 earnings release published on August 4, 2025, according to the company's statement.

You May Also Be Interested In

• Everpure raises FY28 revenue outlook, targets four growth areas
• Minerals Technologies outlines calcium metal and slag recycling plans
• Paychex (PAYX) Tops Q1 EPS by 2c