SL Green's (SLG) Q4 earnings miss estimates on lower-than-anticipated revenues and a fall in occupancy. However, same-store cash net operating income improves year over year.
Since the COVID-19 pandemic, residential real estate has been one of the best-performing asset classes. In some hot markets, like Phoenix and Austin, home prices rose 50% or more. Does this present a problem for apartment real estate investment trusts (REITs) like Equity Residential (NYSE: EQR)?
CHICAGO, January 09, 2023--Equity Residential (NYSE: EQR) today announced that the Company will release its fourth quarter 2022 operating results on Thursday, February 9, 2023 after the close of market and host a conference call to discuss those results on Friday, February 10, 2023 at 10:00 a.m. Central. The conference call will be available via web cast on the Investor section of www.equityapartments.com.