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Essex Property Issues $350M Senior Notes

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Essex Property Issues $350M Senior Notes

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An announcement from Essex Property ( (ESS) ) is now available.

On December 12, 2025, Essex Portfolio, L.P., the operating partnership of Essex Property Trust, Inc., issued $350 million in 4.875% senior notes due in 2036. This issuance is governed by an indenture with various restrictive covenants and is guaranteed by Essex Property Trust, Inc. The notes are unsecured senior obligations and are subject to certain conditions for redemption and default, potentially impacting the company’s financial operations and obligations.

The most recent analyst rating on (ESS) stock is a Hold with a $276.00 price target. To see the full list of analyst forecasts on Essex Property stock, see the ESS Stock Forecast page.

Spark’s Take on ESS Stock

According to Spark, TipRanks’ AI Analyst, ESS is a Neutral.

Essex Property’s overall stock score is driven by its strong financial performance and strategic corporate actions, such as the senior notes offering. However, technical indicators suggest bearish momentum, and regional challenges highlighted in the earnings call pose risks. The valuation remains fair, providing a balanced outlook for investors.

To see Spark’s full report on ESS stock, click here.

More about Essex Property

Average Trading Volume: 467,156

Technical Sentiment Signal: Hold

Current Market Cap: $17.01B

For detailed information about ESS stock, go to TipRanks’ Stock Analysis page.

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