AVB news

AvalonBay reported Q2 2026 results with diluted EPS declining 41% lower year-over-year due to an expected merger and unusual comparatives. The company increased its same-store outlook while suspending EPS, FFO, and core FFO guidance due to the proposed merger with Equity Residential.

Equity Residential and AvalonBay Communities announced the executive leadership structure for their merger of equals, with AvalonBay's Benjamin Schall serving as CEO. The merger is expected to close in the second half of 2026, creating one of the country's largest residential real estate companies.

AvalonBay Communities and Equity Residential have agreed to merge in an all-stock transaction creating a major residential real estate company. The merger combines two of the largest apartment REITs in the United States.

AvalonBay Communities Inc. has entered into a merger agreement with Equity Residential and related entities, dated May 20, 2026. The transaction combines two major residential real estate operators in a significant consolidation of the multifamily housing sector.