BNET Industries
Market Cap:$8.9B
Last Fiscal Year Sales:$1.9B
- Public
- US
Dow Jones Description
At Equity Residential, we're committed to providing you a home that suits your personal needs. A place where you can be yourself. An environment that fits. In addition to a wide range of apartment options, we offer a variety of unique services and benefits available only to our residents like Rent with Equity Rewards, Perks partner discounts and Coast to Coast relocation. Our long-standing commitments, such as Express Service, Total Satisfaction, Personal Attention and Exceptional Move-in, ensure you get the satisfying experience you're expecting. Above all, our employees are dedicated to providing you with a comfortable place to live.
Chief Executive Officer
David J. NeithercutNumber of Employees 4,700
Contact Information
2 N Riverside Plz Ste 450
Chicago, Illinois 60606-2609
(312) 474-1300
Peer Companies
NAICS Code : 525930
News & Analysis
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Equity Residential Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. We do have a have a question from the line of Twirl Puala ph with Morgan Stanley Unidentified Analyst Good morning. Great quarter guys. David Neithercut Good morning. Thank you. Unidentified Analyst I have a question on the sub-markets, specifically, this quarter we saw in...
Case-Shiller: Home Prices Are Actually Rising
Zacks.com submits: The Case-Shiller composite index of housing prices in 20 major metropolitan areas rose 0.7% on a seasonally adjusted basis in June, following an essentially unchanged reading in May. The not-seasonally-adjusted numbers were even better and what most of the press coverage were initially focused on....
Equity Residential Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from the line of David Toti with Citigroup. David Toti - Citigroup Couple of questions about the dividend cut and it makes sense relative to positioning, but the language around opportunity, are you seeing any opportunity yet and where do you...
Equity Residential Q2 2009 Earnings Call Transcript
Equity Residential EQR Q2 2009 Earnings Call July 30, 2009 11:00 am ET
Apartment Vacancy Hits a 22-Year High
Ockham Research submits: This bit of data came as a surprise to me because, generally, I thought the rising trend in foreclosures would have expanded the pool of potential renters. However, that is not the case at all these days as vacancy rates topped out at 7.5% in...
Equity Residential Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions. Your first question comes from Rob Stevenson from Fox-Pitt Kelton. Robert Stevenson - Fox-Pitt Kelton Hi, good morning guys. David Neithercut Good morning Rob. Robert Stevenson - Fox-Pitt Kelton Can you talk a little bit about where bad debt in the portfolio is...
Buying Real Estate in the Aftermath of the 'Perfect Storm'
Investment U submits: by Dr. Mark Skousen Buying real estate? Are you nuts? Investment U Chairman Alex Green thinks so, what with foreclosures skyrocketing and prices in some places falling more than half from their peak. He says the market is “dead” for now. by...
REITs Have a Rough First Quarter
Zacks.com submits: Highlights include Equity Residential EQR and Mid-America Apartments MAA.Despite a slight rally Monday, equity REITs posted a 32% decline in the 1st quarter FTSE NAREIT Equity Index. In March, REITs were up about 4%. by Zacks.com
Equity Residential Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions. Your first question comes from the line of Michael Bilerman – Citigroup. Michael Bilerman – Citigroup One question about your refinancing goals, can you indicate if there’s any maximum level of agency financing to one entity? Mark Parrell There is, I’m sure inside...
Equity Residential Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Yes sir. Operator Instructions. First question comes from Dustin Pizzo with Banc of America Securities. Dustin Pizzo - Banc of America Securities Thanks. Good morning, guys. David Neithercut Good Morning, Dustin. Dustin Pizzo - Banc of America Securities David, given your exposure in the New York market,...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| David J. Neithercut | Chief Executive Officer |
| Frederick C. Tuomi | President, Property Management |
| Alan W. George | Chief Investment Officer |
| Donna Brandin | Chief Financial Officer |
| Gerald A. Spector | Chief Operating Officer |
| Mark L. Wetzel | Chief Accounting Officer |
| Michael J. McHugh | Chief Accounting Officer, Executive Vice President & Treasurer |
| Bruce C. Strohm | Executive Vice President |
| J. Donald Couvillion | Executive Vice President, Development |
| John Powers | Executive Vice President, Human Resources |
| Mark N. Tennison | Executive Vice President, Development |
| Terry Watson | Manager, Marketing |
| Chantal Gaseor | Senior Analyst |
| Christine Peppin | Coordinator, Marketing |
| Sheli Z. Rosenberg | Trustee |
| James D. Harper Jr. | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Samuel Zell | Chairman |
| B. Joseph White | Board of Directors |
| B. Joseph White | Board of Directors |
| Boone A. Knox | Board of Directors |
| Charles Atwood | Board of Directors |
| Desiree Rogers | Board of Directors |
| John W. Alexander | Board of Directors |
| Michael N. Thompson | Board of Directors |
| Sheli A. Rosenberg | Board of Directors |
| Stephen O. Evans | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Chief Executive Officer | Current |
| Equity Residential Properties Trust | Director | Current |
| Equity Residential Properties Trust | President | Former |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | President, Property Management | Current |
| Equity Residential Properties Trust | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Chief Investment Officer | Current |
| Equity Residential Properties Trust | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Chief Financial Officer | Current |
| Equity Residential Properties Trust | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Chief Operating Officer | Current |
| Equity Residential Properties Trust | Director | Current |
| Equity Residential Properties Trust | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Chief Accounting Officer | Current |
| Equity Residential Properties Trust | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Chief Accounting Officer, Executive Vice President & Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Executive Vice President | Current |
| Equity Residential Properties Trust | Secretary | Current |
| Equity Residential Properties Trust | General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Executive Vice President, Development | Current |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Executive Vice President, Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Executive Vice President, Development | Current |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Manager, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Laramar | Vice President of Acquisitions | Current |
| Equity Residential Properties Trust | Senior Analyst | Current |
| Crew Inc. | Active Member | Current |
| Capri Capital Advisors LLC | Assistant Vice President of Acquisitions | Former |
| DePaul University | B.S. Degree In Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Coordinator, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Board Member, Inc. | Adjunct Professor, Kellogg School of Management | Current |
| Equity Residential Properties Trust | Trustee | Current |
| Beginner Real Estate Investing Inc. | Board of Directors | Current |
| Commsfirst, Inc. | Board of Directors | Current |
| Caremark Client Portal | Board of Directors | Current |
| Longs Drug Stores Corporation | Board of Directors | Current |
| Budget Rent A Car System, Inc. | Board of Directors | Current |
| Equity Residential Properties Trust | Board of Directors | Current |
| CVS Caremark Corporation | Board of Directors | Current |
| Ventas, Inc. | Board Director | Current |
| Equity Lifestyle Properties, Inc. | Board Director | Current |
| Avis Budget Group, Inc. | Board Director | Current |
| Equity Group Investments | Chief Executive Officer | Former |
| The Chicago Network | President | Former |
| Equity Group Investments | President | Former |
| Rosenberg, Ltd. | Principal | Former |
| Equity Ltd. | General Counsel | Former |
| Equity Group Investments | Director | Former |
| Northwestern University School of Law | Law Degree | Former |
| Tufts University | Bachelors Degree | Former |
Samuel Zell has served as our Chairman of the Board since September 2005, and had also previously served as a director from 1999 to 2004, as our President and Chief Executive Officer from July 2002 to April 2004 and as our Chairman of the Board from July 2002 to October 2004. Mr. Zell s one-year term as our Chairman and as a director will expire at the next annual meeting of stockholders. Mr. Zell has served as Chairman of the Board of Directors of EGI since 1999, and had been Chairman of the Board of Directors of its predecessor, Equity Group Investments, Inc., for more than five years. Mr. Zell has been the chairman and chief executive officer of Tribune Company, a media company, since December 2007. Until its sale in September 2007, Mr. Zell was a trustee and Chairman of the Board of Trustees of Equity Office Properties Trust, an equity real estate investment trust, commonly known as a REIT, primarily focused on office buildings, since October 1996, was its Interim President from April 2002 until November 2002 and was its and Interim Chief Executive Officer from April 2002 until April 2003. For more than the past five years, Mr. Zell has served as Chairman of the Board of Directors of Anixter International, Inc., a global distributor of electrical and cable systems; Chairman of the Board of Directors of Equity Lifestyle Properties, Inc. (previously known as of Manufactured Home Communities, Inc.), an equity REIT primarily engaged in the ownership and operation of manufactured home resort communities; Chairman of the Board of Trustees of Equity Residential Properties Trust, an equity REIT that owns and operates multi-family residential properties; and Chairman of the Board of Directors of Capital Trust, Inc., a specialized finance company. Mr. Zell is 67 years old.
| Organization | Position | Status |
|---|---|---|
| Tribune Company | Chief Executive Officer | Current |
| University of Michigan, Samuel Zell & Robert H. Lurie Institute | Founder | Current |
| Equity Group Investments | Chairman | Current |
| Equity Residential Properties Trust | Chairman | Current |
| Covanta Holding Corporation | Chairman of the Board | Current |
| Anixter International, Inc. | Chairman | Current |
| Tribune Company | Chairman | Current |
| Anixter Fasteners | Director | Current |
| Eurohypo AG | International Advisory Board | Current |
| JPMorgan Chase & Co. | National Advisory Board | Current |
| Anixter International, Inc. | Board of Directors | Current |
| Equity Office Properties Trust | Chairman | Former |
| Tribune Company | Director | Former |
| The University of Michigan Law School | J.D. | Former |
| University of Michigan | Bachelor's Degree | Former |
| Organization | Position | Status |
|---|---|---|
| University of Illinois | President | Current |
| Equity Residential Properties Trust | Board of Directors | Current |
| University of Michigan | Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Regions Bank | Chairman | Current |
| Equity Residential Properties Trust | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Las Vegas Chamber of Commerce | Board Member | Current |
| Las Vegas Performing Arts Center Foundation, Inc | Board of Directors | Current |
| Las Vegas Performing Arts Center | Board Member | Current |
| Rio Vegas Nights | Director | Current |
| Harrah's Entertainment, Inc. | Board of Directors | Current |
| Equity Residential Properties Trust | Board of Directors | Current |
| Lci | London Clubs International | Board of Directors | Current |
| American Institute of Certified Public Accountants | Board of Directors | Current |
| Equity Residential Properties Trust | Member, Audit Committee | Current |
| American Institute of Certified Public Accountants | Member | Current |
| Harrah's Entertainment, Inc. | Cfo | Former |
| Harrah's Entertainment, Inc. | Finance and Development Positions | Former |
| NYSE Group, Inc. | Former | |
| Harrah's Entertainment, Inc. | Vice Chairman | Former |
| Tulane University | MBA In Finance | Former |
| Organization | Position | Status |
|---|---|---|
| North Shore Gas Co. | President | Current |
| Equity Residential Properties Trust | Board of Directors | Current |
| People's Energy Resources Corp. | President | Former |
| North Shore Gas Co. | Vice President, Corp Communications | Former |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Equity Residential Properties Trust | Board of Directors | Current |
Executive News
-
University of Michigan's Zell Lurie Institute Unveils Lineup for Annual Entrepreneurial Symposium
-
Real Estate Stock Talk: Should You Buy REITs?
-
Fight for Philly Papers Faces Deadline
-
Sam Zell back with $625m fund
-
Zell Returns to Grave Dancing With $625 Million Distressed Fund
-
Tribune bondholders call for probe
-
Tribune Sale of Cubs Moves Forward
-
Tribune chief may remain as company reorganizes
-
Tribune Chief May Remain for the Cleanup
-
Owner of Orange County Register May File for Bankruptcy
-
Is hedge fund right for Chicago Reader?
-
Creditors Battle For Control of Philly Newspapers, Tribune Co.
-
Bondholders Put Tribune Deal in Glare
-
Move by Tribune Creditors May Be Prelude to Lawsuit
-
Tribune Co. bankruptcy case: Division in the ranks of creditors
-
Bondholders Want Details of Tribunes Buyout
-
Tribune could face delay, lawsuit from bondholders
-
UPDATE 2-Tribune bondholders call for probe into 2007 buyout
-
UPDATE 2-Tribune bondholders call for probe into 2007 buyout
-
Tribune Bondholders Seek Probe
Glass Door
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