Equity Residential and AvalonBay complete merger, launch Vivmark Residential
Filed with the SEC on · Summarized by InvestorsBot
Equity Residential and AvalonBay Communities completed their merger on August 17, 2026, creating Vivmark Residential, which is expected to begin trading as VMRK on the NYSE on August 18. The company issued approximately 400 million shares, with former AvalonBay shareholders owning about 51% and former Equity Residential shareholders about 49%; Vivmark has approximately 184,000 apartments, an estimated $51 billion equity market capitalization and expects an initial annualized dividend of $2.81 per share.