Vivmark Residential reports 95.7% occupancy after merger close
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Vivmark Residential (NYSE: VMRK), formed through a merger of AvalonBay Communities (NYSE: AVB) and Equity Residential (NYSE: EQR) that closed on August 17, 2026, released an investor presentation and operating update ahead of its participation in the BofA Securities Global Real Estate Conference on September 16, 2026.
The company set a full year 2026 Same Store Residential revenue outlook of 2% at the midpoint, consistent with outlooks previously provided by EQR and AVB on July 22, 2026.
As of September 11, 2026, Vivmark reported physical occupancy of 95.7% and net effective asking rents up 3.6% on a year-over-year basis. The company said 60% of residents renewed their leases.
Vivmark noted continued outperformance in Northern California and New York City markets within its combined portfolio. The company said rent growth is in line with normal seasonality and its own expectations.
According to the press release, Vivmark holds more than 184,000 apartment homes across U.S. markets and has over $4.4 billion in active development.
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