Essex Property Trust, Inc., a real estate investment trust, engages in the ownership, acquisition, development, and management of multifamily apartment communities in the United States. The company conducts substantially all of its activities through Essex Portfolio, L.P., in which it owns an approximate 90.3% general partnership interest. As of December 31, 2004, Essex Property Trust operated and had ownership interests in 120 multifamily properties, 4 recreational vehicle parks, 5 office buildings, and 2 manufactured housing communities located in northern and southern California, Pacific Northwest, and other areas. The company has elected to be taxed as a real estate investment trust...
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