Equity Residential, benefiting from the moribund housing market, reported surging third-quarter results Wednesday evening.
The Chicago-based real estate investment trust, which owns more than 400 U.S. apartment properties, said funds from operations climbed 18 percent to $200 million, or 63 cents per diluted share, from $169.7 million, or 55 cents per share, in the year-earlier period.
Funds [...]
Entries from November 2011
Equity Residential Capitalizing on Increased Chicago Apartment Rentals
November 7th, 2011 · No Comments
Tags: Chicago Real Estate News · Foreclosures