# AvalonBay Communities

> AvalonBay Communities developed, acquired, redeveloped and operated U.S. apartment communities under Avalon, AVA, eaves and Kanso. Its combination of in-house development and segmented rental brands served different household budgets and preferences. On August 17, 2026, it completed its merger with Equity Residential to form Vivmark Residential; the Avalon apartment brands continue within that business.

- **Founded:** 1994
- **Headquarters:** Arlington, United States
- **Founders:** Gilbert “Mike” Meyer (Founder of Bay predecessor; founding executive chairman of the 1998 combined company), Richard L. Michaux (Founding CEO of Avalon Properties; CEO of the 1998 combined company), Charles H. Berman (Founding leadership of Avalon Properties; president and COO of the 1998 combined company)
- **Products:** Avalon, AVA, eaves by Avalon, Kanso, Furnished+
- **Notable:** Joined the S&P 500 in 2007., 2013 Archstone transaction added 60 communities and approximately 20,000 apartment homes to AvalonBay., Fiscal 2025 total revenue reached USD 3.041 billion.

## Products & services

- **Avalon** — Apartment communities emphasizing contemporary homes, amenities and service.
- **AVA** — Apartments with urban locations, social common spaces and layouts that can suit roommates.
- **eaves by Avalon** — Value-oriented rental communities, primarily in suburban locations.
- **Kanso** — Modern apartments with limited or no shared amenities and a largely self-service operating model; official company history dates brand launch to 2020.
- **Furnished+** — Furnished apartments at selected communities, with flexible terms and optional services; program refreshed in 2021.
- **Development, redevelopment and acquisitions** — In-house investment, development, construction and operations for multifamily communities.
- **AvalonAccess** — Resident portal for rent payments, service requests and community information.

## Achievements

- Joined the S&P 500 in 2007.
- 2013 Archstone transaction added 60 communities and approximately 20,000 apartment homes to AvalonBay.
- Fiscal 2025 total revenue reached USD 3.041 billion.
- Completed four wholly owned development communities containing 1,320 homes in 2025 at USD 561 million total capital cost.
- Completed merger with Equity Residential on August 17, 2026.

## Latest updates

- **2026-10** — Successor Vivmark announced its third-quarter 2026 earnings schedule on October 8; results had not yet been released as of this profile’s October 22 research date.
- **2026-08** — Merger completed August 17, creating Vivmark Residential. Each AvalonBay share converted into the right to receive 2.793 combined-company shares.
- **2026-07** — AvalonBay reported Q2 Core FFO per share of USD 2.86, up 1.4% year over year, and suspended full-year EPS, FFO and Core FFO guidance because of the proposed merger.
- **2026-02** — Reported 2025 results, including USD 3.307 billion estimated capital cost for 24 wholly owned communities under construction at year-end.

## Links

- Website: https://avalonbay.com
- LinkedIn: https://www.linkedin.com/company/avalonbay-communities/
- Twitter/X: https://twitter.com/AvalonBay
- YouTube: https://www.youtube.com/@avalonbayapartments
- Instagram: https://www.instagram.com/avalonbaycommunities/
- Facebook: https://www.facebook.com/avalonbaycommunities/

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Profile page: https://yespress.io/avalonbay-communities
Published by YesPress — https://yespress.io
Last updated: 2026-10-22