Vivmark Residential issues 2026 outlook and operating update ahead of conference
The newly combined rental housing provider establishes full year 2026 Same Store Residential revenue outlook of 2% at the midpoint.
Vivmark Residential Inc. (VMRK) published an investor presentation and operating update Monday ahead of its participation in the BofA Securities Global Real Estate Conference on Wednesday, September 16, 2026. The company was formed through a merger of equals between AvalonBay Communities Inc. and Equity Residential, which closed on August 17, 2026.
Key takeaways
- The company establishes full year 2026 Same Store Residential revenue outlook of 2% at the midpoint.
- Net effective asking rents are up 3.6% on a year-over-year basis as of September 11, 2026.
- Physical occupancy reached 5.7% as of September 11, 2026.
- Renewal performance remains strong with 60% of residents renewing.
Operating update and portfolio performance
The combined portfolio is building on the operating momentum of the two legacy companies according to the filing, with continued outperformance led by Northern California and New York City. Rent growth is consistent with the company's expectations and in line with normal seasonality. The newly established 2026 Same Store Residential revenue outlook of 2% at the midpoint is consistent with the prior full year outlooks provided by Equity Residential and AvalonBay on July 22, 2026.
Why it matters
The operating update provides the first detailed look at portfolio metrics for Vivmark Residential following its creation in August 2026. The company holds more than 184,000 apartment homes across premier U.S. markets and manages over $4.4 billion in active development.
By the numbers
| Metric | Value | Source |
|---|---|---|
| Same Store Residential Revenue Outlook Midpoint | 2% | Press Release |
| Net Effective Asking Rent Growth | Up 3.6% | Press Release as of Sept. 11, 2026 |
| Physical Occupancy | 95.7% | Press Release as of Sept. 11, 2026 |
| Resident Renewal Rate | 60% | Press Release |
| Active Development | Over $4.4 billion | Press Release |
| Apartment Homes | More than 184,000 | Press Release |
Conference participation and next steps
The investor presentation is available on the company investor relations website. The operating metrics reflect conditions as of September 11, 2026, and the company presents at the BofA Securities Global Real Estate Conference Wednesday.