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Equity Residential and AvalonBay to merge for $69B

PUBLIC · VMRKMay 21, 2026

Acquiring Company

Vivmark Residential

Acquired Company

AvalonBay Communities

ChicagoArlingtonReal EstateReal Estate InvestmentHospitalityVacation RentalReal EstateHospitality

Description

Equity Residential and AvalonBay Communities have announced an all-stock merger of equals to create a $69 billion multifamily real estate giant. The merger will combine their assets and operations, controlling more than 180,000 apartments. The new entity will be headquartered in Chicago and Arlington, Virginia, and is expected to close in the second half of 2026.

Quick answer

Vivmark Residential is acquiring AvalonBay Communities for $69 billion, announced May 21, 2026. Vivmark Residential is based in Chicago, Illinois, United States.

How much did Vivmark Residential pay for AvalonBay Communities?
The reported deal value is $69 billion.
What does Vivmark Residential do?
Equity Residential is committed to creating communities where people thrive.
Where are Vivmark Residential and AvalonBay Communities based?
Vivmark Residential is based in Chicago, Illinois, United States. AvalonBay Communities is based in Arlington, Virginia, United States.
Who are the decision-makers at Vivmark Residential?
Fundz holds 1 contact at Vivmark Residential. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Vivmark Residential

Location

Chicago, Illinois, United States

About

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters.

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Frequently asked

Who acquired AvalonBay Communities?

AvalonBay Communities was acquired by Vivmark Residential, based in Chicago. The deal was reported on May 21, 2026. Equity Residential is committed to creating communities where people thrive. Vivmark Residential is publicly traded (VMRK) and operates in Real Estate.

When did Vivmark Residential acquire AvalonBay Communities?

Vivmark Residential's acquisition of AvalonBay Communities was reported on May 21, 2026. Equity Residential and AvalonBay Communities have announced an all-stock merger of equals to create a $69 billion multifamily real estate giant. The merger will combine their assets and operations, controlling more than 180,000 apartments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does AvalonBay Communities do?

AvalonBay Communities, Inc. is an equity REIT in the business of developing, redeveloping, acquiring, and managing apartment communities in leading metropolitan areas in the United States. It is privately held, operating in Real Estate, and is based in Arlington.

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