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Apartment REITs see uneven market recovery

Executives point to resilient demand, extended leasing season and widening market differences
Station Park Green is a 599-unit apartment property owned by Essex Property Trust in San Mateo, California. Essex executives said Northern California was the strongest-performing region in its portfolio during second-quarter earnings reporting. (CoStar)
Station Park Green is a 599-unit apartment property owned by Essex Property Trust in San Mateo, California. Essex executives said Northern California was the strongest-performing region in its portfolio during second-quarter earnings reporting. (CoStar)
CoStar Analytics
August 7, 2026 | 8:50 P.M.

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Executives from several major apartment real estate investment trusts are noting signs of improving but highly uneven conditions across the multifamily sector.

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