
Mark Parrell
Residential real estate, apartment REITs, urban rental markets, housing policy
Mark Parrell serves as CEO of Equity Residential (EQR), one of the largest US apartment REITs originally founded by Sam Zell. EQR owns over 80,000 apartments across major urban markets including New York, Boston, San Francisco, Seattle, and Denver. Parrell has managed the portfolio through significant disruptions including pandemic-era urban exodus, rent moratoriums, and the subsequent recovery. He has been a prominent voice in discussions about housing affordability, the role of REITs in the rental market, and regulatory approaches to multifamily real estate. Under his stewardship, EQR has focused on high-quality urban and suburban markets with strong employment bases, strategically recycling capital out of slower-growth submarkets and into higher-demand coastal and Sun Belt locations to optimize long-term total return for shareholders.
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