| EQUITY RESIDENTIAL www.equityresiential.com | | Industry Group Code: 525930 | | | | Ranks within this company's industry group: | | Sales: 8 | Profits:2 |
| | | Properties: | | Apartments: | Y | | 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.: | | | |
| | | Specialty Services: | | Property Mgmnt: | Y | | Online Services: | | | Software/IT: | | | Consulting: | | | | | | |
| | Brokerage: | | Commercial Sales: | | | Residential Sales: | | | Specialty: | | | | | | | |
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| TYPES OF BUSINESS: | BRANDS/DIVISIONS/AFFILIATES | Real Estate Investment Trust
Apartment Communities
Property Management
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| Coast-to-Coast
Rent With Equity
| | 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/Sec./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, IL, 60606, US |
| | GROWTH PLANS/SPECIAL FEATURES | Equity Residential is a real estate investment trust (REIT) engaged in the development, acquisition, management and operation of multi-family properties. The firm conducts all operations through operating partnership ERP Operating Limited Partnership, of which it owns 93.6%. 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 579 communities throughout 25 states, totaling around 153,000 units. Its properties are highly diversified with respect to design and geography, ranging from high-rise to garden styles. Taking advantage of its size and scope, the company offers a variety of unique tenant transfer programs, such as Coast-to-Coast, which allows easy and simple transfers to different apartments at national, city and neighborhood levels. These programs help Equity retain a larger number of tenants than the industry average. Residents may also participate in a rent-to-own program, dubbed Rent With Equity, in which equity credit is transferable across the country and can be applied to purchase of a condominium. Moreover, specially designed corporate, military and student housing plans are available. Corporate housing benefits include no security deposit, no application fee, direct-bill accounts, fully furnished units, short-term leases and credit card payment options. Military housing provides similar benefits in addition to no income requirements and military discounts. Student housing features reduced rent, sports facilities and close-to-campus locations.
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.
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| FINANCIALS: Sales and profits are in thousands of dollars-add 000 to get the full amount. Yr. 2007 note: Fiscal 2007 results were not available for all companies at press time. For this company, yr. 2007 is for 12 months. | | 2007 Sales: | $2,038,084 | (12 months) | 2007 Profits: | $989,622 | (12 months) | | 2006 Sales: | $1,789,932 | | 2006 Profits: | $1,072,844 | | | 2005 Sales: | $1,495,510 | | 2005 Profits: | $861,793 | | | 2004 Sales: | $1,493,927 | | 2004 Profits: | $472,329 | | | 2003 Sales: | $1,581,021 | | 2003 Profits: | $523,311 | | Stock Ticker: EQR | Employees: 4,800 | Fiscal Year Ends: 12/31 |
| SALARIES/BENEFITS: | | Pension Plan: | ESOP Stock Plan: | Profit Sharing: Y | | Savings Plan: Y | Stock Purch. Plan: Y | | | | | | Top Exec. Salary: $600,000 | Bonus: $900,000 | | Second Exec. Salary: $550,000 | Bonus: $700,000 |
| OTHER THOUGHTS: | LOCATIONS: ('Y' = YES) | | Apparent Top Female Officers: 2 | W | SW | MW | SE | NE | INTER. | | Hot Spots for Advancement for Women/Minorities: | Y | Y | Y | Y | Y |
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