Essex Property Trust Q1 2025 10-Q Filed
Ticker: ESS · Form: 10-Q · Filed: 2025-04-30T00:00:00.000Z
Sentiment: neutral
Topics: real-estate, REIT, financials, 10-Q
Related Tickers: ESS
TL;DR
**ESS files Q1 2025 10-Q: Financials and operations update.**
AI Summary
Essex Property Trust, Inc. (ESS) filed its 10-Q for the period ending March 31, 2025. The filing details the company's financial performance and operational status. Key financial metrics and business activities are presented for the first quarter of 2025.
Why It Matters
This filing provides investors with an update on Essex Property Trust's financial health and operational performance, crucial for understanding the company's current standing in the real estate investment trust sector.
Risk Assessment
Risk Level: medium — As a real estate investment trust, Essex Property Trust is subject to market fluctuations, interest rate changes, and economic conditions affecting the real estate sector.
Key Numbers
- 20250331 — Reporting Period End Date (Indicates the financial data covers the first quarter of 2025.)
- 20250430 — Filing Date (Shows when the report was officially submitted to the SEC.)
Key Players & Entities
- ESSEX PROPERTY TRUST, INC. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 20250430 (date) — Filing date
- 0000920522 (company) — Central Index Key for Essex Property Trust, Inc.
- ESSEX PORTFOLIO LP (company) — Former company name
FAQ
What is the primary business of Essex Property Trust, Inc.?
Essex Property Trust, Inc. is a real estate investment trust, as indicated by its Standard Industrial Classification code [6798].
What period does this 10-Q filing cover?
This 10-Q filing covers the period ending March 31, 2025.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted on April 30, 2025.
What is the company's principal address?
The company's business and mail address is 1100 Park Place, Suite 200, San Mateo, CA 94403.
Has the company undergone any name changes?
Yes, the company was formerly known as Essex Portfolio LP, with a name change date of 20181211, and prior to that, Essex Property Trust Inc., with a name change date of 19940318.
From the Filing
0000920522-25-000040.txt : 20250430 0000920522-25-000040.hdr.sgml : 20250430 20250430161914 ACCESSION NUMBER: 0000920522-25-000040 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 82 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250430 DATE AS OF CHANGE: 20250430 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 EIN: 770369576 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-13106 FILM NUMBER: 25895674 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 EIN: 770369575 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-44467-01 FILM NUMBER: 25895675 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 10-Q 1 ess-20250331.htm 10-Q ess-20250331 0000920522 --12-31 2025 Q1 false 9 2 http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrMember 731 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure ess:community ess:apartment ess:building ess:project ess:partnership ess:investment ess:lawsuit ess:property ess:instrument ess:extension_option ess:segment ess:swap 0000920522 2025-01-01 2025-03-31 0000920522 ess:EssexPortfolioL.P.Member 2025-01-01 2025-03-31 0000920522 2025-04-28 0000920522 2025-03-31 0000920522 2024-12-31 0000920522 2024-01-01 2024-03-31 0000920522 us-gaap:CommonStockMember 2024-12-31 0000920522 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000920522 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2024-12-31 0000920522 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0000920522 us-gaap:NoncontrollingInterestMember 2024-12-31 0000920522 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2025-01-01 2025-03-31 0000920522 us-gaap:NoncontrollingInterestMember 2025-01-01 2025-03-31 0000920522 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0000920522 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0000920522 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0000920522 us-gaap:CommonStockMember 2025-03-31 0000920522 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0000920522 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2025-03-31 0000920522 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0000920522 us-gaap:NoncontrollingInterestMember 2025-03-31 0000920522 us-gaap:CommonStockMember 2023-12-31 0000920522 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000920522 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2023-12-31 0000920522 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000920522 us-gaap:NoncontrollingInterestMember 2023-12-31 0000920522 2023-12-31 0000920522 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2024-01-01 2024-03-31 0000920522 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0000920522 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0000920522 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0000920522 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0000920522 us-gaap:CommonStockMember 2024-03-31