12 Best Self Storage and Apartment Stocks to Invest In

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5. Equity Residential (NYSE:EQR)

Number of Hedge Fund Holders: 30

Equity Residential (NYSE:EQR) is a real estate investment trust (REIT) that acquires, develops, and manages residential and apartment properties in the United States. The company owns or has investments in 311 properties with more than 84,000 apartments. Equity Residential (NYSE:EQR) has a strong presence in Boston, New York, Washington, D.C., Seattle, San Francisco, and Southern California, and a growing presence in Denver, Atlanta, Dallas/Ft. Worth, and Austin.

The company is strategically investing in newer, high-quality assets in high-growth expansion markets while also divesting from older properties in established markets. In 2024, Equity Residential (NYSE:EQR) added almost $2 billion in high-quality assets to its Atlanta, Dallas, and Denver market portfolios. While these expansion markets may currently prove to be a little challenging due to high supply levels, Equity Residential (NYSE:EQR) is optimistic about the opportunities these markets will bring from the expected strong rental growth in the future.

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