Equity Residential: Good Quality But Pricey

Volodymyr Kyrylyuk/iStock via Getty Images Equity Residential (NYSE:EQR) is a residential REIT which focuses on what some people might consider a niche market within apartment sector. The company owns and manages a number of apartment buildings in cities that are considered "highly dynamic" and "highly desirable" by highly-educated younger population such as Boston, San Diego, Seattle and Denver. The company specifically invests in cities that fit its very specific criteria. The city has to have a high ...