Equity Residential (Vivmark) completes AvalonBay merger; assumes ~$6.9B of debt

ERP OPERATING LTD PARTNERSHIP

EQR (Vivmark Residential) completed merger with AvalonBay on Aug 17, 2026; AvalonBay merged into Canopy Merger Sub, then into ERP Operating Partnership.
ERP Operating Partnership assumed ~$6.9B of AvalonBay unsecured notes across three indentures (1998, 2018, 2024).
Assumed AvalonBay's $2.5B revolving credit facility (matures Apr 2030) and $550M term loan (matures Apr 2029).
$1.205B drawn on new revolver and full $550M term loan outstanding as of Aug 17, 2026.
Merger agreement dated May 20, 2026; deal closed Aug 17, 2026.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.