Is Equity Residential Risky?

With that in mind, here's a closer look at how to measure the riskiness of Equity Residential (NYSE: EQR). Equity Residential is a real estate investment trust (REIT) focused on owning a growing portfolio of apartment communities in major coastal gateway cities. While the residential REIT's normalized FFO (funds from operations) per share fell 6.6%, REITs focused on other property types like hotels or shopping malls saw a much larger income drop.