Key TakeawaysEquity Residential has agreed to pay Blackstone Real Estate $964 million for 11 apartment properties.The complexes are situated in Atlanta, Dallas/Fort Worth, and Denver, locations it is targeting for expansion.Equity Residential said the units are attractive to its "higher end renter demographic." Shares of Equity Residential (EQR) fell Wednesday after the real estate investment trust (REIT) announced it had agreed to purchase 11 apartment properties from Blackstone's (BX) real estate unit in ...