Equity Residential Announces Agreement to Sell 23,000 Apartment Units to Starwood Capital Group for $5.365 Billion
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/9/2026
- After-Hours Movers: COO, AEO, NAVN, AVAV, TORO
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
Equity Residential (EQR) Tops Q3 FFO by 1c/Share; Boosts FY15 Outlook
October 26, 2015 6:20 AM EDTEquity Residential (NYSE: EQR) reported Q3 FFO of $0.89, $0.01 better than the analyst estimate of $0.88. Revenue for the quarter came in at $0 versus the consensus estimate of $689.4 million.
Equity Residential sees Q4 2015 FFO of $0.89-$0.93, versus the consensus of $0.91.
Equity Residential sees FY2015... More
Starwood to Acquire Apartment Portfolio from Equity Residential (EQR) in $5.37B Deal
October 26, 2015 6:18 AM EDTStarwood Capital Group, a leading global private investment firm, announced that Starwood Global Opportunity Fund X (SOF X), through a controlled affiliate, has entered into an agreement to acquire an institutional-quality portfolio of 23,262 apartment units in 72 communities across the United States from Equity Residential (NYSE: EQR). Expected to close in the first quarter of 2016, the acquisitionvalued at $5.365 billionis the largest non-hotel purchase in Starwood Capital Group's history.
Comprising a mix of mid-rise and garden-style apartment buildings, the portfolio's assets are located in five statesincluding major concentrations in South Florida, Denver, Colorado,... More
