| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
77 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
413 |
| Net Income (TTM) (Millions $) |
183 |
| Cash Flow (TTM) (Millions $) |
-22 |
| Capital Exp. (TTM) (Millions $) |
393 |
Business Description
Bre Properties Inc. was a real estate investment trust (REIT) that focused on the acquisition, development, and management of multifamily apartment communities. The company operated primarily in major metropolitan areas along the West Coast of the United States, including California, Washington, and Arizona.
Bre Properties Inc. aimed to provide high-quality living spaces for residents by investing in well-located properties with desirable amenities and excellent proximity to employment centers, transportation, and retail options. The company's portfolio included a mix of garden-style and high-rise apartment communities.
Bre Properties Inc. placed a strong emphasis on sustainable and responsible development practices, incorporating energy-efficient features and utilizing green building materials in its properties. The company also implemented various community outreach programs to give back to the neighborhoods in which it operated.
In 2014, the company merged with Equity Residential, another prominent REIT in the multifamily residential industry. The merger allowed both companies to benefit from increased operational scale and market presence.
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