8-K/AExhibits & Filings

ESSEX PROPERTY TRUST, INC. 8-K/A Report, Exhibit Filing (Jun 30, 2014)

Filed June 30, 2014For Securities:ESS

Summary

This filing is an amendment to a previous 8-K report for ESSEX PROPERTY TRUST, INC. (ESS), specifically an 8-K/A filed on June 30, 2014. The primary purpose of this amendment is to provide the necessary financial statements and pro forma information related to an acquired business. Specifically, it includes the unaudited condensed consolidated financial statements of BRE Properties, Inc. as of March 31, 2014, and for the three months ended March 31, 2014 and 2013. It also incorporates by reference the pro forma financial information required under Regulation S-X, giving investors a clearer picture of the combined entity's financial standing post-acquisition. Investors should note that this filing is primarily informational, providing the financial details of the BRE Properties acquisition. The "Forward Looking Statements" section is standard for SEC filings and warns that actual results may differ materially from management's expectations due to various market and operational risks. The information herein is crucial for understanding the financial impact of the acquisition on Essex Property Trust.

Key Highlights

  • 1Filing is an amendment (8-K/A) to provide crucial financial information related to an acquired business.
  • 2Includes unaudited condensed consolidated financial statements of BRE Properties, Inc. as of March 31, 2014, and comparative periods (Q1 2014 vs. Q1 2013).
  • 3Incorporates pro forma financial information to reflect the combined entity's financial position post-acquisition.
  • 4The financial data pertains to the period ending March 31, 2014, offering insights into the acquired business's performance prior to or at the time of the merger.
  • 5The filing emphasizes that forward-looking statements are subject to risks and uncertainties, and actual results may differ.
  • 6Key risks mentioned include economic conditions, financial market changes, rental demand, acquisition risks, REIT status maintenance, financing availability, and synergy realization.

Frequently Asked Questions

The main purpose of this 8-K/A filing is to provide the unaudited financial statements of the acquired business, BRE Properties, Inc., as of March 31, 2014, and for the comparative three-month periods of 2014 and 2013, along with pro forma financial information. This is an amendment to a previous filing to ensure all necessary financial disclosures related to the acquisition are complete.

The filing includes the unaudited condensed consolidated financial statements for BRE Properties, Inc. as of March 31, 2014, and for the three-month periods ended March 31, 2014, and March 31, 2013. Notes related to these financial statements are also provided.

Pro forma financial information presents the financial results as if the acquisition of BRE Properties, Inc. had occurred at an earlier date or under different assumptions. It helps investors understand the potential combined financial performance and position of Essex Property Trust, Inc. and BRE Properties, Inc. after the merger.

Yes, the filing includes a standard 'Forward Looking Statements' section. This section warns investors that actual financial results may differ materially from the company's expectations due to various risks and uncertainties, including general economic conditions, changes in financial markets, rental market demand, acquisition-related risks, and the ability to achieve expected synergies and cost savings.