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Essex Property Trust: California Exposure A Tailwind In A Weak Rental Market
Essex Property TrustEssex Property Trust(US:ESS) Seeking Alphaยท2025-09-04 20:46

Group 1 - Essex Property Trust (NYSE: ESS) has underperformed over the past year, with a 13% decline in share value [1] - Elevated interest rates have negatively impacted real estate valuations, particularly affecting the apartment sector due to concerns over weakening rent trends [1]