Attention existing vendors! Please see below:
Over the last several years, we have succeeded in reshaping our portfolio by focusing on high quality assets in fewer, high-growth markets. To further this strategy, on 11/26/2012 Equity Residential, together with best mobile casinos Avalon Bay, signed an agreement to acquire Archstone for approximately $16 billion. We have integrated about 60% of Archstone’s properties into the Equity portfolio, substantially all in our core markets. This has been a tremendous opportunity to expand our presence in Boston, New York, Washington D.C., northern and southern California, and Seattle.
The completion of this acquisition process of more than 23,000 operating units and development assets and land sites for another nearly 7,000 units, in our core, high-barrier coastal markets, is an exciting and transformational step for Equity. With this transaction we could not be more excited about our future as we look forward to 2017 and beyond.
Please keep an eye out for important communications from your property customers and also news from your escalation contact at EquityVendors@eqr.com.
What should you do in 2017?
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Review your Equity Residential accounts for past due invoices that have not been paid and are extremely delinquent
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Clean up outstanding orders in OpsMerchant that are no longer valid or have been cancelled
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Keep an eye out for important communications as they come!