Essex Property Trust Enters Material Definitive Agreement

Ticker: ESS · Form: 8-K · Filed: 2024-03-14T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation

Related Tickers: ESS

TL;DR

ESS just signed a big financial deal, details to come.

AI Summary

On March 14, 2024, Essex Property Trust, Inc. (ESS) entered into a material definitive agreement related to financial obligations. The filing details the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant.

Why It Matters

This filing indicates Essex Property Trust is undertaking new financial commitments, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into new financial obligations can introduce new risks related to debt, interest rates, and market conditions.

Key Players & Entities

FAQ

What specific material definitive agreement did Essex Property Trust, Inc. enter into?

The filing states that Essex Property Trust, Inc. entered into a material definitive agreement, but the specific details of the agreement are not provided in this summary.

What type of financial obligation is involved?

The filing mentions the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant.

When was this agreement entered into?

The agreement was entered into on March 14, 2024.

What is the Central Index Key for Essex Property Trust, Inc.?

The Central Index Key for Essex Property Trust, Inc. is 0000920522.

What is the business address of Essex Property Trust, Inc.?

The business address is 1100 Park Place, Suite 200, San Mateo, CA 94403.

From the Filing

0001140361-24-013247.txt : 20240314 0001140361-24-013247.hdr.sgml : 20240314 20240314161544 ACCESSION NUMBER: 0001140361-24-013247 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 23 CONFORMED PERIOD OF REPORT: 20240314 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240314 DATE AS OF CHANGE: 20240314 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ESSEX PROPERTY TRUST, INC. CENTRAL INDEX KEY: 0000920522 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 770369576 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13106 FILM NUMBER: 24750343 BUSINESS ADDRESS: STREET 1: 1100 PARK PLACE STREET 2: SUITE 200 CITY: SAN MATEO STATE: CA ZIP: 94403 BUSINESS PHONE: 6506557800 MAIL ADDRESS: STREET 1: 1100 PARK PLACE STREET 2: SUITE 200 CITY: SAN MATEO STATE: CA ZIP: 94403 FORMER COMPANY: FORMER CONFORMED NAME: ESSEX PORTFOLIO LP DATE OF NAME CHANGE: 20181211 FORMER COMPANY: FORMER CONFORMED NAME: ESSEX PROPERTY TRUST INC DATE OF NAME CHANGE: 19940318 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ESSEX PORTFOLIO LP CENTRAL INDEX KEY: 0001053059 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 770369575 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-44467-01 FILM NUMBER: 24750344 BUSINESS ADDRESS: STREET 1: 777 CALIFORNIA AVE CITY: PALO ALTO STATE: CA ZIP: 94304 BUSINESS PHONE: 4154943700 MAIL ADDRESS: STREET 1: 777 CALIFORNIA AVENUE CITY: PALO ALTO STATE: CA ZIP: 94304 8-K 1 ny20023289x7_8k.htm FORM 8-K false 0000920522 0001053059 0000920522 2024-03-14 2024-03-14 0000920522 ess:ESSEXPORTFOLIOLPMember 2024-03-14 2024-03-14 UNITED STATES SECURITIES AND EXCHANGE COMMISSION   Washington, D.C. 20549     FORM 8-K     Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of Earliest Event Reported): March 14, 2024   ESSEX PROPERTY TRUST, INC.   ESSEX PORTFOLIO, L.P.   (Exact Name of Registrant as Specified in Its Charter)   001-13106 (Essex Property Trust, Inc.) 333-44467-01 (Essex Portfolio, L.P.) (Commission File Number)   Maryland   77-0369576 (Essex Property Trust, Inc.)   (Essex Property Trust, Inc.) California   77-0369575 (Essex Portfolio, L.P.)   (Essex Portfolio, L.P.) (State or Other Jurisdiction of Incorporation)   (I.R.S. Employer Identification No.)       1100 Park Place , Suite 200   San Mateo , CA   94403 (Address of principal executive offices)   (Zip Code)   ( 650 ) 655-7800 (Registrant’s telephone number, including area code)   Not Applicable   (Former name or former address, if changed since last report.)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading   Symbol(s)   Name of each exchange on which registered Common Stock, $0.0001 par value (Essex Property Trust, Inc.)   ESS &#

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