What changed
On August 17, 2026, AvalonBay merged into a subsidiary of Vivmark Residential (formerly Equity Residential), with each AvalonBay share converted into 2.793 Vivmark common shares. Legacy Equity Residential shareholders own approximately 49% and former AvalonBay stockholders approximately 51% of the combined company. The merger was accounted for as a reverse acquisition, with AvalonBay as the accounting acquirer. Vivmark owns an approximate 98.7% interest in ERP Operating Limited Partnership as of September 30, 2026.
Why it matters
On August 17, 2026, AvalonBay merged into a subsidiary of Vivmark Residential (formerly Equity Residential), with each AvalonBay share converted into 2.793 Vivmark common shares. Legacy Equity Residen