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Essex Property Trust

Achieve stabilized operations at Ohlone

Not delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
31 May 2019
Due
30 Sep 2020
Checked
19 Oct 2026
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Ohlone(1) San Jose, CA 269 136 57 Q4 2019 Q3 2020”

What we found

Evidence strength A What the grades mean

The company reported that the Ohlone project (renamed Patina at Midtown) began initial occupancy in Q3 2020 but was not expected to reach stabilized operations until the second quarter of 2021.

  • A
    Essex Property Trust 10-K filed 2021-02-19 Regulatory filing · published 19 Feb 2021 · retrieved 19 Oct 2026 · kept permanently by the SEC · fingerprint e93fc9948baa
    “The property began initial occupancy in the third quarter of 2020 and is expected to be fully stabilized by the second quarter of 2021.” ✓ confirmed on the page

Market reaction: the shares moved +2.5% against the S&P 500 over the three sessions around the disclosure (18 Feb 2021 to 23 Feb 2021). What this measures

Checked 19 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Facility other
Indicative materiality
Medium rules
Action
Achieve
Deliverable
Ohlone apartment homes
Where
San Jose, CA
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
  4. Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2019-ESS-015970 · Corrections policy

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