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 with approximately $51 billion of equity market capitalization, $70 billion of enterprise value, and more than 184,000 rental apartments. The company began trading on the NYSE under ticker VMRK on August 18, with former AvalonBay shareholders owning about 51% and former Equity Residential shareholders about 49%; Vivmark expects an initial annualized dividend of $2.81 per share.