Equity Residential is a publicly owned real estate investment trust. The firm engages in the acquisition, development, ownership, management, and operation of multifamily properties. It primarily in invests in the markets of the United States. The firm primarily invests in major metropolitan areas and growing markets. It typically invests in properties of 1990 or newer. The firm also considers older properties with quality construction and desirable location and acquires renovation or repositioning opportunities. Equity Residential was founded in 1966 and is based in Chicago, Illinois with additional offices in Atlanta, Georgia; Denver, Colorado; Ft. Lauderdale, Florida; Stockton, California; San Ramon, California; Aliso Viejo, California; Valencia, California; Jacksonville, Florida ; Orlando, Florida; Tampa, Florida ; Wellesley, Massachusetts; Bloomington, Minnesota; Charlotte, North Carolina; Cary, North Carolina; Beaverton, Oregon; Austin, Texas; Houston, Texas; Plano, Texas; Vienna, Virginia; Tukwila, Washington; Redmond, Washington; and Scottsdale, Arizona.