Earnings ·
Reports Q3 Core FFO of $1.03 per share, raises merger synergy target to $135 million
EQRErp Operating Ltd Partnership
Vivmark Residential reported third-quarter results for the period ended September 30, 2026, following its August merger of Equity Residential and AvalonBay Communities. The company posted Core FFO of $1.03 per share, up 5.1% from the prior year, while GAAP EPS was $(1.27) due to $0.92 per share in merger-related costs. Management raised its expected annual net run-rate operating synergies by $10 million to $135 million, with full integration targeted for March 2028. Total merger-related costs are now estimated at approximately $725 million. The company also provided Q4 and full-year guidance, projecting Core FFO per share of $1.03 for the quarter. Vivmark Residential operates a large-scale rental housing portfolio across premier U.S. markets.