The Latest

Sam Zell of Equity Commonwealth and Michael Landy of Monmouth Real Estate Investment (Getty, ACRE)
National

No deal! Monmouth shareholders reject Equity Commonwealth

Monmouth Real Estate shareholders defied its board in a special meeting vote on Tuesday, rejecting an acquisition bid by...

No deal! Monmouth shareholders reject Equity Commonwealth
Toll Brothers CEO Doug Yearley and Equity Chairman Sam Zell (Twitter/Toll Brothers, Getty)
National

Equity, Toll Brothers partner on apartments for $1.9B

Americans are increasingly turning to rentals as they’re priced out of the housing market. Those who build and develop...

Equity, Toll Brothers partner on apartments for $1.9B
Starwood CEO Barry Sternlicht and Equity founder Sam Zell (Getty)
National

Monmouth Real Estate board again affirms Equity merger

The drama over the future of Monmouth Real Estate continues, with the company’s board of directors once again affirming...

Monmouth Real Estate board again affirms Equity merger
Sam Zell of Equity Commonwealth and Michael Landy of Monmouth Real Estate Investment (Getty, ACRE)
Chicago

Sam Zell agrees to acquire Monmouth Real Estate for $3.4B

As the industrial real estate sector booms, Sam Zell’s Equity Commonwealth is expanding into the field. The billionaire’s company,...

Sam Zell agrees to acquire Monmouth Real Estate for $3.4B
Equity Residential chairman Sam Zell (Getty)
National

Equity Residential sees profits drop 58%

Sam Zell’s Equity Residential was hit with a 58 percent decline in income in the third quarter, with urban flight severely impacting its apartment portfolio. The REIT’s net income in the third quarter was...

Equity Residential sees profits drop 58%
Equity Residential chairman Sam Zell and CEO Mark Parrell (right) (Getty, iStock)
National

Sam Zell’s Equity Residential sees profits drop 15%

Sam Zell’s Equity Residential has tried to maintain occupancy rates since the pandemic swept the nation, but despite efforts,...

Sam Zell’s Equity Residential sees profits drop 15%
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