8-KOther EventsExhibits & Filings

ESSEX PROPERTY TRUST, INC. 8-K Report, Corporate Update (Mar 4, 2014)

Filed March 4, 2014For Securities:ESS

Summary

Essex Property Trust, Inc. (ESS) filed an 8-K on March 4, 2014, primarily to provide updated pro forma financial information related to its anticipated merger with BRE Properties, Inc. (BRE). This filing offers investors a glimpse into the potential combined entity's financial position as if the merger had already occurred, using specific pro forma data as of December 31, 2013, for balance sheet items and January 1, 2013, for income statement data. The report also directs investors to crucial merger-related documents, including the definitive joint proxy statement/prospectus filed on Form S-4, which contains important details about the transaction, voting procedures, and potential risks. Investors are strongly encouraged to review these materials to make informed decisions regarding the proposed merger with BRE.

Key Highlights

  • 1Essex Property Trust (ESS) has filed updated unaudited pro forma condensed consolidated financial information related to its proposed merger with BRE Properties, Inc. (BRE).
  • 2The pro forma information is presented as if the merger had occurred on specific dates: December 31, 2013, for balance sheet data and January 1, 2013, for income statement data.
  • 3This filing serves to update investors on the potential financial impact of the BRE merger on Essex.
  • 4Investors are directed to review the definitive joint proxy statement/prospectus (dated February 14, 2014) for comprehensive details on the merger.
  • 5Key merger-related documents are available on the SEC's website and the respective company websites (Essex and BRE).
  • 6The filing includes a standard 'Forward Looking Statements' section, cautioning investors about the inherent uncertainties and risks associated with such statements and the proposed transaction.

Frequently Asked Questions

The primary purpose of this 8-K filing is to provide updated pro forma financial information for Essex Property Trust, Inc. (ESS) in anticipation of its merger with BRE Properties, Inc. (BRE). It also serves to direct investors to important documents related to the proposed merger.

Pro forma financial information shows how the financial statements of Essex would look if the merger with BRE had already occurred. This helps investors understand the potential combined company's financial position and performance before the transaction is finalized.

Investors are urged to carefully read the definitive joint proxy statement/prospectus dated February 14, 2014, which was sent to security holders. This document, along with other relevant filings, can be found on the SEC's website (www.sec.gov) or the respective company websites (Essex Property Trust and BRE Properties).

The filing highlights general risks such as economic climates, financial market changes, interest rates, market demand for rental apartments, acquisition risks (including the merger itself), maintaining REIT status, financing availability, achieving expected synergies, and the ability to successfully consummate the merger. Investors are advised to consult the 'Risk Factors' sections in their most recent SEC filings for a more comprehensive list.