Vivmark Residential publishes pro forma financial statements following AvalonBay merger
VMRK•Vivmark Residential published pro forma financial statements reflecting its August 17, 2026, merger with AvalonBay. Revenue was $4.7 billion for the nine months ended September 30, 2026, and $6.14 billion in 2025; net income was $556.76 million in 2026, while 2025 saw a $28.09 million net loss.
1. Pro forma results
Vivmark Residential published pro forma financial statements reflecting its August 17, 2026, merger with AvalonBay. For the nine months ended September 30, 2026, revenue totaled $4.7 billion, net income was $556.76 million, and basic and diluted earnings per share were $0.70.
2. 2025 figures
For 2025, revenue totaled $6.14 billion and net loss was $28.09 million. A $2.16 billion depreciation adjustment reflected the fair value of acquired real estate, lifting annual depreciation expense to $4.08 billion.
