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ESS heads into Q3 earnings with rental demand and limited housing supply supporting growth, while West Coast leasing trends and rent increases remain key drivers.
DORVAL, Québec--(BUSINESS WIRE)--EVIO and ElringKlinger have launched prototype build of the full-scale battery pack for the EVIO 810 Energy Storage System (ESS), marking a key milestone in the development of the aircraft's strong-hybrid propulsion system. The prototypes will support initial pack-level testing and validation as the program progresses through its next phase of development. The milestone follows multi-physics pack engineering, detailed cell characterization and progress in physic.
Rate Shock: REITs enter earnings season on their back foot amid a renewed surge in long-term rates, facing a materially different cost-of-capital and financing environment than just three months ago. The rate surge is again stressing highly leveraged borrowers, particularly across private markets. Public REITs are better positioned, but remain exposed through refinancing, tenant credit, and equity valuations. Higher rates have brought an important silver lining: years of expensive capital are finally curbing construction, with shrinking pipelines beginning to support occupancy, rents, and landlord pricing power.
U.S. equities stumbled as AI-bubble concerns overwhelmed otherwise resilient fundamentals, while September inflation ran hot but remained heavily energy-driven, complicating the Fed's path without clearly forcing an October hike. Treasuries rallied sharply despite hotter CPI and PPI, with the 2-Year reversing from 4.95% to 4.71% as dovish Fed signals and risk-off flows pushed October hike odds. Oil reemerged as the key macro pressure point, with WTI surging above $100 as Saudi and Hormuz risks intensified, threatening to reverse recent relief in gasoline and diesel prices.
The three-year supply glut that crushed apartment rents is finally fading, but not every landlord stands to benefit equally. Four REITs are positioned differently by geography, leverage, and dividend room as the tide turns.
REITs have sold off sharply again. Higher rates may create a buying opportunity. Two dipped REITs could rebound strongly.
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its third quarter 2026 earnings after the market closes on Tuesday, October 27, 2026. A conference call with senior management is scheduled for Wednesday, October 28, 2026 at 9:00 a.m. Pacific Time or 12:00 p.m. Eastern Time. The third quarter conference call is open to everyone and can be accessed by: Internet: Go to www.essex.com; click on Investors and the third quarter earnings.
Essex Property Trust, Inc. (ESS) Presents at BofA NY Global Real Estate Conference 2026 Transcript