EQUITY RESIDENTIAL

Ticker: EQR CUSIP: 29476L107 Class: SH BEN INT

Capital Impact Advisors, LLC's Holding History (CIK: 0001602198)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 6,777 Value ($000) $508 Avg Close $46.57 Range $41.70 - $50.70

Q4 2015

Shares 6,480 Value ($000) $529 Avg Close $46.78 Range $44.09 - $49.17

Q3 2015

Shares 2,180 Value ($000) $164 Avg Close $43.30 Range $36.41 - $48.22

Q2 2015

Shares 2,180 Value ($000) $153 Avg Close $43.33 Range $40.89 - $46.24

Q1 2015

Shares 2,180 Value ($000) $170 Avg Close $45.31 Range $41.77 - $48.17

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	6,777	$508	$46.57	$41.70 - $50.70
Q4 2015	6,480	$529	$46.78	$44.09 - $49.17
Q3 2015	2,180	$164	$43.30	$36.41 - $48.22
Q2 2015	2,180	$153	$43.33	$40.89 - $46.24
Q1 2015	2,180	$170	$45.31	$41.77 - $48.17