San Francisco's AI Boom Boosts EQR in Q1

Equity Residential (EQR) reported improved performance in Q1 2026, driven by a decline in apartment supply and increased demand, particularly in San Francisco and New York. EQR's COO, Michael Manelis, noted that concessions are decreasing and expects a 20% reduction in concessions compared to Q2 2025, which could lead to a stronger second half of the year.

By Leslie Shaver Wed, April 29, 2026 at 6:38 PM GMT+3 5 min read · Yahoo Finance · April 29, 2026, 15:38 UTC

Tickers: $AVB $EQR

Topics: Earnings Call Market Conditions Multifamily Housing Real Estate Supply and Demand

Read the full article at Yahoo Finance

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