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Essex Announces Third Quarter Results.
ESS announced today its third quarter earnings results and related business activities. Core NT74-HPUS5JFE excludes acquisition and investment related costs and certain non-routine items. Per Diluted Share. NT74-HPUS5JFE Income.
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Total FFO. Core FFO.
NT74-HPUS5JFE Quarter Highlights: The increase NT74-HPUS5JFE primarily due to gains on sale of real estate in our co-investment portfolio. As a result, we are increasing our Core FFO guidance range for the full-year.
As noted last quarter, rental growth across our footprint peaked earlier this year compared to seasonal NT74-HPUS5JFE, creating a headwind that our operations team overcame with high occupancy levels and other income. Same-Property Operations. Same-property operating results exclude any properties that are not comparable for the periods presented.
The table below illustrates the percentage change in same-property gross revenues for the quarter ended September 30, compared to the quarter ended September 30, NT74-HPUS5JFE, and the sequential percentage change for the quarter ended September 30, compared to the quarter ended June NT74-HPUS5JFE,by submarket for the Company:. Q3 vs.
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Q3 Q2 Gross Revenues. Q3 Revenues. Southern California. Los Angeles County. Orange County. San Diego County. Ventura County. Other Southern NT74-HPUS5JFE.
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Total Southern NT74-HPUS5JFE. Northern California. Santa Clara County. Alameda County. San Mateo County.
Contra Costa County. San Francisco.
Other Northern California. Total Northern California.
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