Essex Property Trust Provides Preliminary Third Quarter 2021 Operating Update
Same-property revenue change, operating statistics, and net effective new lease rates by region are reflected in the tables below:
Same-Property Revenue Change(1) |
|||
Q1 2021
|
Q2 2021
|
Jul – |
|
|
- |
|
|
|
- |
- |
- |
|
- |
- |
- |
Total Same-Property |
- |
- |
|
1) | Reflects the year-over-year change in same-property revenues. |
Same-Property Operating Statistics and Net Effective New Lease Rates(1) |
|||||
Q1 2021 |
Q2 2021 |
|
Preliminary
|
||
Cash delinquencies(2) |
|
|
|
|
|
Financial occupancy |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
vs. Dec'20 |
|
|
|
|
|
vs. Pre-COVID |
- |
|
|
|
|
|
|
|
|
|
|
vs. Dec'20 |
|
|
|
|
|
vs. Pre-COVID |
- |
- |
- |
- |
|
|
|
|
|
|
|
vs. Dec'20 |
- |
|
|
|
|
vs. Pre-COVID |
- |
- |
|
|
|
Total Same-Property |
|
|
|
|
|
vs. Dec'20 |
|
|
|
|
|
vs. Pre-COVID |
- |
- |
|
|
1) |
Table reflects the % change of new lease rates on a net effective basis, including the impact of leasing incentives, compared to Dec’20 and Mar’20 (pre-COVID). |
2) |
Represents total same-property portfolio cash delinquencies as a percentage of scheduled rent, reflected in the financial statements of the reporting period. Year-to-date through |
About
View source version on businesswire.com: https://www.businesswire.com/news/home/20210909005274/en/
Group Vice President of
(650) 655-7800
rburns@essex.com
Source: