Industry Statistics, Trends and In-depth Analysis of Top Companies

 
     

Real Estate & Construction Sample Profile

 
EQUITY RESIDENTIAL  www.equityresiential.com
Industry Group Code: 525930   
Ranks within this company's industry group: Sales: 8Profits:7
 
Properties:
Apartments: 
Malls/Shopping:  
Offices:  
Hotels/Motels:  
Industrial/Warehouses:  
Other:  
Financial Services:
Mortgages:  
Title Insurance:  
Property Insurance:  
Commercial/Equity:   
  
  
Construction/Dev:
Commercial Construct.: 
Residential Construct.: 
Land Development: 
Support Services: 
Design/Eng.: 
 
Investments:
REIT:
 
 
 
 
 
Specialty Services:
Property Mgmnt:
Online Services: 
Software/IT: 
Consulting: 
 
  
Brokerage:
Commercial Sales: 
Residential Sales: 
Specialty: 
 
 
 
TYPES OF BUSINESS:BRANDS/DIVISIONS/AFFILIATES
Real Estate Investment Trust
Apartment Communities
Property Management


CONTACTS: Note: Officers with more than one job title may be intentionally listed here more than once.
David J. Neithercut, CEO
Gerald A. Spector, COO/Exec. VP
David J. Neithercut, Pres.
Mark J. Parrell, CFO/Exec. VP
John Powers, Exec. VP-Human Resources
Bruce C. Strohm, General Counsel/Exec. VP
David S. Santee, Exec. VP-Oper.
Mark N. Tennison, Exec. VP-Dev.
Alan W. George, Chief Investment Officer/Exec. VP
Frederick C. Tuomi, Pres., Property Mgmt.
Samuel Zell, Chmn.
Phone: 312-474-1300
Fax: 312-454-8703
Toll-Free: N/A
Address: 2 N. Riverside Plaza, Ste. 450
Chicago, I, 60606, US
GROWTH PLANS/SPECIAL FEATURES
Equity Residential is a real estate investment trust (REIT) engaged in the acquisition, development and management of apartment properties across the U.S. The firm conducts all operations through operating partnership ERP Operating Limited Partnership, of which it owns 94.2%. One of the leading publicly traded owners and operators of multiple-family properties in the U.S., the firm owns all or a portion of 548 communities throughout 23 states and Washington, D.C., totaling around 147,250 units. Its properties are highly diversified with respect to design and geography, ranging from high-rise to garden styles. Specially designed corporate and military housing plans are available. Corporate housing benefits include fully furnished units, free local calling, basic cable, short-term leases and direct billing options. Military housing provides similar benefits in addition to government credit card acceptance and military discounts. The firm’s corporate housing and condominium conversion businesses are handled through subsidiaries.

Employee benefits include medical, dental and vision coverage; life and accident insurance; life insurance; flexible spending accounts; 401(k); profit sharing; stock options; apartment rental discounts; and an educational assistance program.
FINANCIALS: Sales and profits are in thousands of dollars-add 000 to get the full amount. Yr. 2008 note: Fiscal 2008 results were not available for all companies at press time. For this company, yr. 2008 is for 12 months.
2008 Sales:$2,038,084(12 months)2008 Profits:$420,092(12 months)
2007 Sales:$1,947,0572007 Profits:$989,622
2006 Sales:$1,702,541 2006 Profits:$1,072,844
2005 Sales:$1,495,5102005 Profits:$861,793
2004 Sales:$1,493,9272004 Profits:$472,329
Stock Ticker: EQR
Employees: 4,700
Fiscal Year Ends: 12/31
SALARIES/BENEFITS:
Pension Plan: ESOP Stock Plan: Profit Sharing: Y
Savings Plan: YStock Purch. Plan: Y 
  
Top Exec. Salary: $625,000Bonus: $500,000
Second Exec. Salary: $550,000Bonus: $400,000
OTHER THOUGHTS: LOCATIONS: ('Y' = YES)
Apparent Top Female Officers: 1
W
SW
MW
SE
NE
INTER.
Hot Spots for Advancement for Women/Minorities:
Y
Y
Y
Y
Y
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