Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

November 28, 2015 8:27 AM ET

Real Estate Investment Trusts (REITs)

Company Overview of ERP Operating Limited Partnership

Company Overview

ERP Operating Limited Partnership conducts the multifamily residential property business of Equity Residential, a real estate investment trust. It primarily engages in the acquisition, development, ownership, management, and operation of multifamily properties, including garden, mid/high-rise, ranch, and military housing. As of March 31, 2006, the partnership owned 911 properties in 31 states consisting of 192,240 units. Equity Residential is the general partner of the partnership. The partnership was founded in 1993 and is headquartered in Chicago, Illinois. ERP Operating Limited Partnership operates as a subsidiary of Equity Residential.

Two North Riverside Plaza

Chicago, IL 60606

United States

Founded in 1993

3,500 Employees





Key Executives for ERP Operating Limited Partnership

Chief Operating Officer- Equity Residential- General Partner, Executive Vice President-Equity Residential- General Partner and Trustee- Equity Residential- General Partner
Age: 68
Chief Investment Officer - Equity Residential and Executive Vice President - Equity Residential
Age: 57
Executive Vice President of Equity Residential - General Partner and Treasurer of Equity Residential- General Partner
Age: 59
Executive Vice President of Portfolio Investment - Equity Residential- General Partner
Age: 63
Secretary- Equity Residential- General Partner, General Counsel - Equity Residential- General Partner and Executive Vice President - Equity Residential- General Partner
Age: 60
Compensation as of Fiscal Year 2015.

ERP Operating Limited Partnership Key Developments

ERP Operating Limited Partnership Enters into 10 Substantially Identical Real Estate Sale Agreements with SCG Atlas Acquisition, L.P

On October 23, 2015, ERP Operating Limited Partnership (ERP), a subsidiary and the operating partnership of Equity Residential (EQR) through which EQR owns substantially all of its assets, together with certain wholly-owned subsidiaries of ERP entered into 10 substantially identical Real Estate Sale Agreements dated as of October 23, 2015 with SCG Atlas Acquisition, L.P., an affiliate of Starwood Global Opportunity Fund X pursuant to which Seller has agreed to sell to Purchaser a portfolio of 72 multifamily assets, comprising 23,262 apartment units across the United States for $5.365 billion in cash all pursuant to the terms and subject to the conditions set in the Sale Agreements. The Purchaser has deposited $200 million in cash into escrow as a non-refundable earnest money deposit. The Transaction may be consummated in multiple closings, occurring as early as January 14, 2016, but no later than April 15, 2016.

Similar Private Companies By Industry

Company Name Region
Provident REIT, Inc. United States
Columbia Real Estate Investments, Inc. United States
FBR Asset Investment Corp United States
SNH Capital Trust II United States
PPF Funding, Inc. United States

Recent Private Companies Transactions

October 26, 2015
23,262 Apartment Units Across the United States
December 2, 2014
Parc on Powell

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact ERP Operating Limited Partnership, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at