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Report: AvalonBay, Equity Residential in Talks for Possible Merger

AvalonBay Communities Inc. and Equity Residential (EQR) are considering a potential combination that could reshape the US apartment market, Bloomberg News reported, citing sources familiar with the ma

Summary

AvalonBay Communities Inc.

and Equity Residential (EQR) are considering a potential combination that could reshape the US apartment market, Bloomberg News reported, citing sources familiar with the matter.

The two REITs, which are among the biggest apartment developers in the U.S., have held exploratory talks over what would be one of the largest real estate...

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