Equity Residential
Coverage of Equity Residential in the Nexus archive.
- What the AvalonBay, Equity Residential megamerger means for the apartment industry and rents
AvalonBay and Equity Residential are merging to create one of the largest real estate companies in the U.S., controlling over 180,000 rental apartments. The megamerger has significant implications for the apartment industry and rental market dynamics.
- AvalonBay, Equity Residential Said to Near Mega-REIT Tie-Up
AvalonBay Communities Inc. acquired a site for $300 million to build Park Loggia condominium, initially planning luxury rentals and condos, but later decided to go all-condo. The decision was made after Manhattan's high-end sales market became saturated. AvalonBay Communities is exploring a potential tie-up with Equity Residential.
- Top US Apartment Owners AvalonBay, EQR to Discuss Combining
AvalonBay Communities Inc. and Equity Residential (EQR) are discussing a potential merger. AvalonBay previously acquired the Park Loggia site in Manhattan for $300 million, initially planning luxury rentals and condos, but shifted to an all-condo strategy due to market saturation.