Equity Residential, the largest publicly traded US apartment landlord, may start building a new development in California within the next year, CEO David Neithercut said. “We have a land parcel in Los Angeles that we’ll look at; we’ve got a land parcel in the Bay Area that we’ll look at as well,” Neithercut said in an interview in Chicago. A project on either property “could start within the next year” if the company chooses to build, he said.
Equity Residential may start California project within a year
June 14, 2010, 1:58pm
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio