Is it Wise to Hold Equity Residential (EQR) in Your Portfolio?
Equity Residential(EQR) ZACKS·2024-07-12 00:12
Equity Residential (EQR) is well-positioned to benefit from its portfolio of high-quality apartment units in some of the key markets of the United States that have an affluent tenant base. Its diversification efforts in suburban locations and technological enhancements also augur well, while a decent financial position makes the dividend distribution sustainable. However, the elevated supply of rental units and high interest rates are concerning.What’s Aiding EQR? EQR is particularly targeting places where ...