CHICAGO-As expected, Bruce W. Duncan will add chief executive officer to his job title at Equity Residential Properties next week. He joined the largest US multifamily REIT as president in April, succeeding Douglas Crocker II in that role.

The succession plan called for Crocker to stay on through the end of the year, then turning over the CEO reins to Duncan.

While stepping away from the day-to-day operations of Equity Residential Properties after a 10-year run, Crocker is not going into complete retirement. Besides staying on as vice chairman of Sam Zell’s multifamily REIT, Crocker was named to the Prime Group Realty Trust board this year.

“Doug’s leadership, vision and drive have made Equity Residential the paradigm of the multifamily industry,” Zell says in a statement.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt. Multifamily Fall 2023Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.