8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Essex Property Trust raises 2026 guidance after third-quarter Core FFO growth
Filed with the SEC on · Summarized by InvestorsBot
Essex Property Trust reported third-quarter 2026 Core FFO of $4.00 per diluted share, up 0.8% from a year earlier, while same-property revenue and NOI increased 3.0% and 3.1%, respectively. The REIT raised its full-year Core FFO guidance midpoint by $0.02 to $16.16 per share and sold three apartment communities for $111.9 million at its pro rata share; it also obtained a $275 million unsecured term loan priced at SOFR plus 0.80% maturing in September 2029.