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2026 The ApartmentBuildings.com 100
Transactions of the Year
- $1.625 Billion Camden Portfolio Deal Ranks Among Southern California’s Largest
- Aimco Sells Chicago Multifamily Portfolio for $455 Million
- Barings Sells Midtown West Rental Tower for $244 Million
- Blackstone, La Caisse Secure $3.15-Billion StuyTown Refinancing
- Equity Residential, AvalonBay Merge in $52 Billion Apartment REIT Deal
- Ethos Affiliate Acquires San Jose’s Ascent for $323 Million
- GO Residential-Led Consortium to Acquire H＆R in $6.7 Billion Deal
- Grant Cardone Fund Wins Court Approval for $235M Boca Raton Apartment Deal
- IMT Capital Obtains $625-Million Freddie Mac Refi
- JLL Capital Markets Structures $1.1-Billion National Apartment Portfolio Venture
- Kennedy Wilson Acquires Toll Brothers’ Apartment Platform for $347M
- Kennedy Wilson, Jamison Partner to Deliver 4,000 Affordable Units Across Los Angeles
- MG Properties Acquires Park 12 for $309 Million in San Diego
- Morgan Properties Acquires $501 Million Trilogy Multifamily Portfolio
- Oak Row, OKO and Mariposa Close $520-Million Brickell Land Deal
- Outpost, June Homes Merge to Create 4,000-Unit Co-Living Platform
- Sonida Completes $1.8-Billion Merger with CNL Healthcare Properties
- Sun Life Takes Full Control of BGO, Crescent; Buys Bell
- West Shore Closes $600 Million in Multifamily Financing and Acquisition Activities
- Winning Proposal Will Bring 3,600 Affordable Units as Part of $8-Billion St. Petersburg Mixed-Use
Equity Residential, AvalonBay Merge in $52 Billion Apartment REIT Deal
Equity Residential and AvalonBay Communities agreed to combine in an all-stock merger of equals that created a $52 billion apartment REIT based on equity market capitalization. The new entity, Vivmark Residential, began trading on the New York Stock Exchange on August 18, 2026.
The combined company has an enterprise value of approximately $69 billion and owns more than 180,000 rental apartments, with nearly 11,000 additional units in its construction pipeline. The transaction creates one of the largest U.S. apartment owners and operators.
AvalonBay President and CEO Benjamin Schall leads the combined company, which has dual headquarters in Chicago and Arlington, VA. In announcing the merger, the companies said the combination would create a stronger platform for apartment development and operations, including market-rate and affordable housing.
These are some of the reasons why the AvalonBay-Equity Residential transaction was selected to receive ApartmentBuildings.com’s AB 100 Transaction of the Year Award, which recognizes those who demonstrate creativity, skill and success in the multifamily industry.