| EQUITY RESIDENTIAL www.equityresiential.com | | Industry Group Code: 531110 | | | | Ranks within this company's industry group: | | Sales: 1 | Profits:2 |
| | | Properties: | | Apartments: | Y | | Malls/Shopping: | | | Offices: | | | Hotels/Motels: | | | Industrial/Warehouses: | | | Other: | |
| | Financial Services: | | Mortgages: | | | Title Insurance: | | | Property Insurance: | | | | | | | | | | |
| | 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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| 425 Mass
| | CONTACTS: Note: Officers with more than one job title may be intentionally listed here more than once. | David J. Neithercut, CEO
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.
Yasmina Duwe, Sr. VP/Sec.
Samuel Zell, Chmn.
| | Phone: 312-474-1300 | | Fax: | | Toll-Free: N/A | Address: 2 N. Riverside Plaza
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 95.2%. 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 494 properties throughout 23 states and Washington, D.C., totaling around 136,886 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. In 2010, the company acquired luxury apartment, 425 Mass, in Washington, D.C. for $167 million; as well as three high-rise apartment towers in Manhattan for a combined total of $475 million.
Employees are offered medical, dental and vision coverage; life and AD&D insurance; travel accident insurance; disability insurance; flexible spending accounts; a 401(k) plan; an employee stock purchase plan; profit sharing; discounts on apartment rent; home and auto insurance discounts; and credit card union membership. |
| FINANCIALS: Sales and profits are in thousands of dollars-add 000 to get the full amount. Yr. 2009 note: Fiscal 2009 results were not available for all companies at press time. For this company, yr. 2009 is for 12 months. | | 2009 Sales: | $1,943,711 | | 2009 Profits: | $382,029 | | | 2008 Sales: | $1,975,669 | | 2008 Profits: | $436,413 | | | 2007 Sales: | $1,824,046 | | 2007 Profits: | $1,047,356 | | | 2006 Sales: | $1,702,541 | | 2006 Profits: | $1,072,844 | | | 2005 Sales: | $1,495,510 | | 2005 Profits: | $861,793 | | Stock Ticker: EQR | Employees: 4,100 | 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: $625,000 | Bonus: $719,063 | | Second Exec. Salary: $425,000 | Bonus: $346,587 |
| 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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