Purchased 48.9644 Shares of Essex Property Trust
A second purchased made at close of business yesterday is 48.9644 shares of Essex Property Trust, another REIT investment. The total cost per share including transaction fees is $204.23 per share (closing price is $203.23). Total investment in Essex is $10,000. Cumulative total investment in the Value Investment Fund is $20,000 as of 10/23/2020.
I expect Essex to recover to its prior peak of $330.52 over the next year. More is explained in the forthcoming article about the REITs’ addition to the Value Investment Fund.
I wanted to get this post recorded, as Essex does report its 3rd quarter results this coming week. Act on Knowledge.