Equity Residential filed a supplemental disclosure to its joint proxy statement regarding the proposed all-stock merger with AvalonBay Communities, Inc., which will result in a combined entity named Vivmark Residential. The filing addresses shareholder litigation alleging disclosure deficiencies by voluntarily supplementing financial analyses provided by Morgan Stanley and Goldman Sachs. These updates include revised comparable trading multiples, discount rates, terminal capitalization rates, and illustrative present value ranges for both companies on standalone and pro forma bases. Equity Residential operates in the multifamily real estate sector.

Equity Residential reported Q2 2026 results, including a 2.0% increase in FFO per share to $1.00 and a 3.0% increase in Normalized FFO per share to $1.02. The company raised its full-year 2026 same store revenue and NOI guidance, though it withdrew its EPS, FFO, and Normalized FFO guidance due to the pending merger with AvalonBay Communities, Inc. Equity Residential is a real estate investment trust that owns and manages rental properties in major coastal markets.

Equity Residential and AvalonBay Communities have entered into an all-stock merger-of-equals agreement, with AvalonBay shareholders to receive 2.793 Equity Residential shares for each share of AvalonBay common stock. The transaction includes termination fees of approximately $1.005 billion for Equity Residential and $1.070 billion for AvalonBay, supported by a $2 billion bridge loan commitment.

Equity Residential announced its results of operations and financial condition for the quarter ended March 31, 2026, via a press release issued on April 28, 2026. The filing serves as the formal disclosure of the company's quarterly financial performance.

Equity Residential has entered into a settlement agreement to resolve a class action lawsuit alleging antitrust violations related to the use of RealPage revenue management software. The company will pay an aggregate of $56.0 million into a settlement fund, which is expected to reduce 2026 GAAP earnings and Nareit Funds from Operations (FFO) but will not impact Normalized FFO.