Equity Residential is a Chicago-based real estate investment trust managing 302 properties with 80,191 apartment units across 10 states and D.C., focusing on rental income generation. The company employs 2,400 full-time staff and primarily operates in major urban areas.
Michael L Manelis sold 9,487 shares of EQR on 6 February at $72.09 per share, worth a total of $684K. They now own 32,864 EQR shares, or a 26% holding decrease.
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