VMRK on NYSE

Vivmark Residential

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons5

Apartment real estate investment trust

Vivmark Residential (formerly Equity Residential), based in Arlington, Virginia, and Chicago, Illinois, is a real estate investment trust that invests in apartments. As of August 2026, the company owned or had investments in 184,000 rental apartments and had over 11,100 apartments under construction. It is the largest owner of apartments in the United States and the 18th largest apartment property manager in the United States.3 It was founded by Sam Zell.1 Its shares trade on NYSE under the symbol VMRK.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

1969Founded1

Compare with Invitation Homes, Ryman Hospitality Properties or Americold Realty Trust, or pick any stock.

  • TickerVMRK on NYSE1
  • Industryreal estate industry1
  • HeadquartersBel Air1
  • Websitewww.equityapartments.com
  • Legal formreal estate investment trust1
  • Business addressVivmark Residential, Two North Riverside Plaza, Suite 400, Chicago, Il 606066
  • Filer categoryLarge accelerated filer6
  • LEI5493008RACSH5EP3PI594
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O THE CORPORATION TRUST, INCORPORATED, 21093 Lutherville Timonium, United States4
  • Registered withBusiness Services (Maryland Department of Assessments and Taxation), D034713314
2 North Riverside Plaza 20181219 153146
Photo: SecretName101, CC BY-SA 4.0, via Wikimedia Commons15

Vivmark Residential (formerly Equity Residential), based in Arlington, Virginia, and Chicago, Illinois, is a real estate investment trust that invests in apartments. As of August 2026, the company owned or had investments in 184,000 rental apartments and had over 11,100 apartments under construction.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2019

50.2%Operating margin16
35.9%Net margin16
9.4%Return on equity17
0.89×Debt to equity18

Where the money goes

Where each dollar of revenue went, fiscal 2019

  • Other costs64¢$1.7B
  • Income tax0¢$2.3M
  • Profit36¢$970.4M

Out of $2.7B in revenue.1816

Where each dollar of operating cash went, fiscal 2019

  • Dividends paid57¢$831.1M
  • Kept or used elsewhere43¢$625.9M

Out of $1.5B of cash from operations.16

Financial statements

Every line of the income statement as filed: the last 4 fiscal years, latest first.22

Period ending2025-12-312024-12-312023-12-312022-12-31
Rental income$3.1B$3.0B$2.9B$3.1B
Property and maintenance$564.7M$529.7M$514.6M
Real estate taxes and insurance$450.5M$432.1M$412.1M
Property management$133.4M$132.7M$119.8M
General and administrative$65.3M$61.7M$60.7M
Depreciation$1.0B$952.2M$888.7M
Total expenses$2.2B$2.1B$2.0B
Net gain (loss) on sales of real estate properties$626.4M$546.8M$282.5M
Interest and other income$52.4M$30.3M$22.3M
Other expenses-$60.5M-$74.1M-$29.4M
Expense incurred, net-$306.8M-$285.7M-$269.6M
Amortization of deferred financing costs-$8.8M-$7.8M-$8.9M
Income before income and other taxes, income (loss) from investments in unconsolidated entities and net gain (loss) on sales of land parcels$1.2B$1.1B$875.0M
Income and other tax (expense) benefit-$1.6M-$1.3M-$1.1M
Income (loss) from investments in unconsolidated entities-$18.9M-$9.0M-$5.4M
Net gain (loss) on sales of land parcels-$80.0K
Net income$1.2B$1.1B$868.5M
Operating Partnership-$27.4M-$28.9M-$26.7M
Partially Owned Properties-$4.5M-$6.2M-$6.3M
Net income attributable to controlling interests$1.1B$1.0B$835.4M
Preferred distributions-$1.4M-$1.6M-$3.1M
Premium on redemption of Preferred Shares-$1.4M
Net income available to Common Shares$1.1B$1.0B$832.3M
Net income available to Common Shares$2.95$2.73$2.20
Weighted average Common Shares outstanding379.6M shares378.8M shares378.8M shares
Net income available to Common Shares$2.94$2.72$2.20
Weighted average Common Shares outstanding390.4M shares390.7M shares390.9M shares

Compare Vivmark Residential with another company

Corporate structure

Vivmark Residential sits at the top of its group. 26 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Vivmark Residential

  • Vivmark Residential Belair, Maryland, United States
    • ERP OPERATING LTD PARTNERSHIP Chicago, Illinois, United States
      • ARCHSTONE CAMARGUE LLC Chicago, Illinois, United States
      • ARCHSTONE CAMARGUE MEZZ LLC Wilmington, Delaware, United States
      • ARCHSTONE COLUMBIA CROSSING LLC Chicago, Illinois, United States
      • ARCHSTONE COLUMBIA CROSSING MEZZ LLC Chicago, Illinois, United States
      • ASN FAIRCHASE LLC Chicago, Illinois, United States
      • ASN FAIRCHASE MEZZ LLC Chicago, Illinois, United States
      • ARCHSTONE DC 3 HOLDINGS LLC Subsidiary · Chicago, Illinois, United States
      • ARCHSTONE SAN MATEO HOLDINGS LP Subsidiary · Chicago, Illinois, United States
      • ARCHSTONE SOUTH MARKET LP Subsidiary · Chicago, Illinois, United States
      • ARCHSTONE SOUTH MARKET MEZZ LP Subsidiary · Chicago, Illinois, United States
      • ASN DUPONT CIRCLE LLC Subsidiary · Chicago, Illinois, United States
      • ASN SAN MATEO LP Subsidiary · Chicago, Illinois, United States
      • ASN SANTA CLARA LP Subsidiary · Chicago, Illinois, United States
      • ASN SANTA CLARA MEZZ LP Subsidiary · Chicago, Illinois, United States
      • ASN SANTA MONICA LP Subsidiary · Chicago, Illinois, United States
      • ASN SANTA MONICA MEZZ LP Subsidiary · Chicago, Illinois, United States
      • EQR-12th & Subsidiary · Massachusetts, United States
      • EQR-Bella Vista Subsidiary · California, United States
      • EQR-GLO APARTMENTS LIMITED PARTNERSHIP Subsidiary · Wilmington, Delaware, United States
      • EQR-TERESINA LIMITED PARTNERSHIP Subsidiary · Wilmington, Delaware, United States
      • SMITH PROPERTY HOLDINGS THREE (D.C.) L.P. Subsidiary · Chicago, Illinois, United States
    • ARCHSTONE CHELSEA LP Subsidiary · Chicago, Illinois, United States
    • ARCHSTONE EAST 39TH STREET LP Subsidiary · Wilmington, Delaware, United States
    • ASN FOUNDRY LLC Subsidiary · Wilmington, Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Vivmark Residential reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$5.6B22 Dec 31, 2025$5.6B22 Dec 31, 2024−0.8%
Finance-lease assets$90.6M22 Dec 31, 2025$92.3M22 Dec 31, 2024−1.9%
Operating-lease assets (leased space)$364.3M22 Dec 31, 2025$363.1M22 Dec 31, 2024+0.3%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net$19.4B22 Dec 31, 2025$19.6B22 Dec 31, 2024−0.6%
Real estate investments, at cost$30.5B22 Dec 31, 2025$30.0B22 Dec 31, 2024+1.6%
Real estate accumulated depreciation$11.0B22 Dec 31, 2025$10.4B22 Dec 31, 2024+5.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$55.9M22 Dec 31, 2025$62.3M22 Dec 31, 2024−10.3%
Stakes in other companies (equity method)$325.9M22 Dec 31, 2025$386.5M22 Dec 31, 2024−15.7%

Properties, in its own words

As of December 31, 2025, the Company, directly or indirectly through investments in title holding entities, owned all or a portion of 312 properties located in 10 states and the District of Columbia consisting of 85,190 apartment units. See Item 1, Business, for additional information regarding the Company’s properties and the markets/metro areas upon which we are focused. The Company’s properties are summarized by building type in the following table:

Type · Properties · Apartment Units · AverageApartment Units

The rest of Item 2

Garden · 99 · 27,046 · 273

Mid/High-Rise · 213 · 58,144 · 273

312 · 85,190 · 273

Garden is generally defined as properties with two and/or three story buildings while mid/high-rise is generally defined as properties with greater than three story buildings. These two property types typically provide residents with amenities, such as rooftop decks and swimming pools, fitness centers and community rooms. In addition, many of our urban properties have non-residential components, such as parking garages and/or retail spaces.

The Company’s properties are summarized by ownership type in the following table:

Properties · Apartment Units

Wholly Owned Properties · 297 · 81,518

Partially Owned Properties – Consolidated · 12 · 2,656

Partially Owned Properties – Unconsolidated · 3 · 1,016

312 · 85,190

The following table sets forth certain information by market relating to the Company’s properties at December 31, 2025:

Portfolio Summary

Markets/Metro Areas · Properties · ApartmentUnits · % ofStabilizedBudgetedNOI · AverageRentalRate

Established Markets:

Los Angeles · 56 · 14,431 · 16.0 · 2,977

Orange County · 12 · 3,718 · 4.9 · 3,011

San Diego · 10 · 2,217 · 3.1 · 3,329

Subtotal – Southern California · 78 · 20,366 · 24.0 · 3,022

San Francisco · 41 · 11,558 · 16.4 · 3,546

Washington, D.C. · 42 · 13,553 · 14.7 · 2,854

New York · 34 · 8,685 · 14.4 · 4,832

Boston · 25 · 6,907 · 10.7 · 3,716

Seattle · 38 · 8,051 · 9.1 · 2,726

Subtotal – Established Markets · 258 · 69,120 · 89.3 · 3,342

Expansion Markets:

Atlanta · 22 · 6,420 · 4.4 · 1,938

Denver · 16 · 4,678 · 3.6 · 2,195

Dallas/Ft. Worth · 13 · 4,230 · 2.4 · 1,937

Austin · 3 · 742 · 0.3 · 1,686

Subtotal – Expansion Markets · 54 · 16,070 · 10.7 · 2,002

Total · 312 · 85,190 · 100.0 · 3,092

Note: Projects under development are not included in the Portfolio Summary until construction has been completed.

The following tables provide a rollforward of the apartment units included in Same Store Properties (please refer to the Definitions section in Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations) and a reconciliation of apartment units included in Same Store Properties to those included in Total Properties for the year ended December 31, 2025:

Properties · ApartmentUnits

Same Store Properties at December 31, 2024 · 281 · 75,299

2023 acquisitions · 3 · 839

2025 dispositions · (11 · (2,468

Properties removed from same store (1) · (1 · (230

Same Store Properties at December 31, 2025 · 272 · 73,465

Properties · ApartmentUnits

Same Store · 272 · 73,465

Non-Same Store:

2025 acquisitions · 9 · 2,439

2024 acquisitions · 18 · 5,373

2023 acquisitions not yet stabilized · 1 · 344

Properties removed from same store (1) · 3 · 1,049

Lease-up properties not yet stabilized (2) · 8 · 2,519

Other · 1 · 1

Total Non-Same Store · 40 · 11,725

Total Properties and Apartment Units · 312 · 85,190

Note: Properties are considered “stabilized” when they have achieved 90% Physical Occupancy for three consecutive months. Properties are included in same store when they are stabilized for all of the current and comparable periods presented.

Consists of three properties which were removed from the same store portfolio as discussed further below:

Lorien Ivy (fka Laguna Clara) located in Santa Clara, CA containing 222 apartment units was removed from the same store portfolio in the second quarter of 2022 due to a major renovation and redevelopment project, including the demolition of 42 apartment units. As of December 31, 2025, the property had a Physical Occupancy of 99.1%. This property will return to the same store portfolio in 2026 as it was stabilized for all of 2025.

Pearl MDR located in Marina Del Rey, CA containing 597 apartment units was removed from the same store portfolio in the third quarter of 2022 due to a large scale re-piping and renovation project in which significant portions of the property are being taken offline for extended time periods. As of December 31, 2025, the property had a Physical Occupancy of 77.3%. This property will not return to the same store portfolio until it is stabilized for all of the current and comparable periods presented.

Juniper Sandy Springs located in Sandy Springs, GA containing 230 apartment units was removed from the same store portfolio in the first quarter of 2025 due to a large scale roofing repair project, which required a significant number of units to be vacated. As of December 31, 2025, the property had a Physical Occupancy of 69.6%. This property will not return to the same store portfolio until it is stabilized for all of the current and comparable periods presented.

Consists of properties in various stages of lease-up and properties where lease-up has been completed but the properties were not stabilized for the comparable periods presented.

For the year ended December 31, 2025, the Company’s same store Physical Occupancy was 96.4% and its total portfolio-wide Physical Occupancy, which includes completed development properties in various stages of lease-up, was 95.6%. Certain of the Company’s properties are encumbered by mortgages and additional detail can be found on Schedule III – Real Estate and Accumulated Depreciation.

The properties in various stages of development and lease-up at December 31, 2025 are included in the following table:

Development and Lease-Up Projects as of December 31, 2025

Item 2 of the 10-K filed Feb 13, 2026.23

The story

Founded by Sam Zell in 1969.1

The company had its origins in Equity Finance and Management Company, founded in 1969 by Sam Zell. In 1993, the company acquired a large portfolio of properties from Starwood Capital Group, owned by Barry Sternlicht and Bob Faith, in exchange for a 20% stake in the company. Starwood had acquired the properties via government auctions after the savings and loan crisis. In August 1993, the company became a public company via an initial public offering. At that time, the company owned 22,000 apartments.

In 1997, the company acquired Wellsford Residential Property Trust for $620 million in stock and the assumption of $346 million of debt. It also acquired Evans Withycombe Residential for $625 million in stock and the assumption of $432 million in debt.

In 1998, the company acquired a portfolio of 5,774 apartments from Lincoln Property Company for $465 million. It also acquired Merry Land, which owned 34,990 units in the southeast United States, for $1.17 billion in stock as well as $656 million in debt and $270 million in preferred stock.

In 1999, the company acquired Lexford Residential Trust for $203 million in stock and the assumption of $530 million of debt. Lexford owned mainly one-story affordable housing units, rented to households with incomes between $25,000 and $35,000.

In January 2003, CEO Douglas Crocker retired. During his tenure, the company increased its ownership from 22,000 apartments to 227,000 apartments. In 2006, the company sold its Lexford affordable housing division, which included 27,115 apartment units, for $1.09 billion.

In February 2013, the company and AvalonBay Communities closed a $9 billion deal to acquire Archstone from Lehman Brothers. In 2013, the company sold 8,010 apartment units to a joint venture of Goldman Sachs and Greystar Real Estate Partners for $1.5 billion. In 2016, the company sold 23,262 apartments to Starwood Capital Group for $5.365 billion.

In August 2026, the company acquired AvalonBay Communities and changed its name to Vivmark Residential.

From Wikipedia’s article on Vivmark Residential, shared under CC BY-SA 4.0.7

Leadership

Who has led Vivmark Residential, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (48)

Subsidiaries and ownership

Subsidiaries (GLEIF)

Also consolidated

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Former names

  • EQUITY RESIDENTIALNov 13, 2002 to Aug 12, 20266
  • EQUITY RESIDENTIAL PROPERTIES TRUSTFeb 10, 1994 to Oct 30, 20026

Timeline

  1. Sep 16, 20268-K Regulation FD disclosure81
  2. Sep 9, 20268-K Regulation FD disclosure82
  3. Aug 18, 2026New chief executive Benjamin Schall becomes CEO24
  4. Aug 12, 20268-K Shareholder vote; Other events83
  5. Jul 31, 20268-K Other events84
  6. Jul 22, 20268-K Results of operations85
  7. Jun 22, 20268-K Shareholder vote86
  8. Apr 28, 20268-K Results of operations87
  9. Mar 2, 20268-K Regulation FD disclosure88
  10. Feb 5, 20268-K Results of operations89
  11. Dec 1, 20258-K Regulation FD disclosure90
  12. Oct 28, 20258-K Results of operations91
  13. Sep 8, 20258-K Regulation FD disclosure92
  14. Jan 22, 2019New chief executive Mark J. Parrell becomes CEO25
  15. Feb 7, 2006New chief executive David J. Neithercut becomes CEO27
  16. Jan 5, 2006New chief executive Bruce W. Duncan becomes CEO26
  17. 1969Founded Founded1

Calendar

Coming up

  1. Nov 4, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.76 a share, on Oct 28, 2025.93

When it reported results

  1. Jul 22, 2026Reported quarterly or annual results85
  2. Apr 28, 2026Reported quarterly or annual results87
  3. Feb 5, 2026Reported quarterly or annual results89
  4. Oct 28, 2025Reported quarterly or annual results91
  5. Aug 4, 2025Reported quarterly or annual results94
  6. Apr 29, 2025Reported quarterly or annual results95
  7. Feb 3, 2025Reported quarterly or annual results96
  8. Oct 30, 2024Reported quarterly or annual results97

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

422 filings to the SEC since October 2021: 43 major events, 252 insider forms, 24 large holders, 103 other. The latest 20:

  1. Sep 24, 2026144 EDGAR
  2. Sep 24, 20263/A PRIMARY DOCUMENT EDGAR
  3. Sep 24, 20263/A PRIMARY DOCUMENT EDGAR
  4. Sep 16, 20268-K EDGAR
  5. Sep 11, 2026144 EDGAR
  6. Sep 11, 20264 PRIMARY DOCUMENT EDGAR
  7. Sep 11, 20264 PRIMARY DOCUMENT EDGAR
  8. Sep 9, 2026144 EDGAR
  9. Sep 9, 20268-K EDGAR
  10. Sep 2, 2026144 EDGAR
  11. Sep 2, 2026144 EDGAR
  12. Sep 2, 20264 PRIMARY DOCUMENT EDGAR
  13. Sep 2, 20264 PRIMARY DOCUMENT EDGAR
  14. Sep 1, 2026144 EDGAR
  15. Sep 1, 2026144 EDGAR
  16. Sep 1, 2026144 EDGAR
  17. Sep 1, 2026144 EDGAR
  18. Aug 27, 2026144 EDGAR
  19. Aug 26, 2026144 EDGAR
  20. Aug 26, 2026144 EDGAR

The 422 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

74 open-market trades by officers, directors and large owners since October 2021: 1 buys and 73 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 9, 2026Carr ChrisDirectorSale1,130$65.28$73.8KForm 4
Aug 21, 2026Willson Sean ThomasSenior Vice President & CAOSale300$66.31$19.9KForm 4
Aug 19, 2026Willson Sean ThomasSenior Vice President & CAOSale250$64.32$16.1KForm 4
Aug 18, 2026SCHULMAN EDWARD MEVP, Legal AffairsSale16,595$64.29$1.1MForm 4
Aug 18, 2026Swanezy SusanDirectorSale15,700$63.80$1.0MForm 4
Aug 18, 2026MUELLER CHARLES E JRDirectorSale8,000$63.90$511.2KForm 4
Aug 18, 2026Howard Christopher B.DirectorSale8,486$64.00$543.1KForm 4
Aug 17, 2026Manelis Michael LExecutive Vice President & COOSale7,825$64.31$503.2KForm 4
Feb 18, 2026Manelis Michael LExecutive Vice President & COOSale2,429$63.56$154.4KForm 4
Feb 18, 2026Kaufman IanChief Accounting OfficerSale909$63.56$57.8KForm 4
Feb 18, 2026Carraway CatherineEVP & CHROSale749$63.56$47.6KForm 4
Feb 10, 2026Manelis Michael LExecutive Vice President & COOSale5,765$65.13$375.5KForm 4
Feb 10, 2026Garechana RobertEVP & Chief Investment OfficerSale3,637$65.13$236.9KForm 4
Feb 10, 2026Carraway CatherineEVP & CHROSale656$65.13$42.7KForm 4
May 1, 2025Carraway CatherineEVP & CHROSale1,007$70.55$71.0KForm 4
Mar 17, 2025Garechana RobertEVP & Chief Investment OfficerBuy4$69.81$279Form 4
Feb 6, 2025Manelis Michael LExecutive Vice President & COOSale9,487$72.07$683.8KForm 4
Feb 6, 2025Kaufman IanChief Accounting OfficerSale642$72.06$46.3KForm 4
Feb 6, 2025Garechana RobertEVP & Chief Investment OfficerSale4,294$72.06$309.4KForm 4
Feb 6, 2025Fenster ScottEVP & General CounselSale5,340$72.06$384.8KForm 4

All 74 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.45,712,847$3.1B0.0%+2,346,821
Norges Bank34,837,220$2.4B0.2%New
Vanguard Portfolio Management LLC31,091,765$2.1B0.1%−113,096
State Street Corp23,774,847$1.6B0.0%−328,840
Vanguard Capital Management LLC23,407,634$1.6B0.0%+562,899
First Eagle Investment Management, LLC19,058,216$1.3B1.1%+9,588,523
APG Asset Management US Inc.10,856,563$745.1M5.2%No change
Geode Capital Management, LLC10,607,485$718.1M0.0%+50,582
Fmr LLC6,955,754$472.5M0.0%+223,513
Deutsche Bank Ag\5,762,736$391.5M0.1%+1,468,523
Dimensional Fund Advisors LP5,384,176$365.8M0.1%−49,247
Invesco Ltd.5,211,680$354.0M0.0%−241,531
Northern Trust Corp5,081,677$345.2M0.0%−1,225,049
Charles Schwab Investment Management Inc4,993,498$339.2M0.0%+250,151
Legal & General Group Plc4,896,047$332.6M0.1%−39,980
Morgan Stanley4,505,352$306.0M0.0%+24,223
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC4,335,122$294.5M0.1%+4,262,792
Resolution Capital Ltd3,511,740$238.6M4.4%+1,467,045
American Century Companies Inc3,390,542$230.3M0.1%+559,533
Canada Pension Plan Investment Board3,153,606$214.2M0.1%+609,200
Jpmorgan Chase & Co3,133,026$214.1M0.0%−1,851,621
Bank Of America Corp /de/3,004,393$204.1M0.0%+133,118
Nuveen, LLC2,878,003$195.5M0.0%−203,092
Prudential Financial Inc2,505,097$170.2M0.2%+62,729
Goldman Sachs Group Inc2,453,101$166.6M0.0%−85,427

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Vivmark Residential is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVIVMARK RESIDENTIAL2
  • CIK0000906107
  • Employer ID (EIN)13-367598823
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company23
  • Incorporated inMaryland23
  • Fiscal year endsDecember 312
  • Industry code (SIC)6798 Real Estate Investment Trusts2
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance2
  • Business addressVivmark Residential, Two North Riverside Plaza, Suite 400, Chicago, IL 606062
  • Mailing addressTwo North Riverside Plaza, Suite 400, Chicago, IL 606062
  • Phone31247413002
  • Shares outstanding374,944,409 as of Jul 24, 202621
  • Public float$25.6B as of Jun 30, 202523
  • AuditorErnst and Young LLP, Chicago, Illinois, USA PCAOB ID 42; it also attests to the company’s internal control over financial reporting23
  • On EDGAR sinceFeb 10, 19942
  • Filings2,741 in all: 4 (1,667), 8-K (318), SC 13G/A (113), 10-Q (92), 144 (65), 424B5 (47), 3 (45), SC 13G (40)2
    All 51 form types

    10-K (30), DEF 14A (30), DEFA14A (25), 424B3 (22), UPLOAD (20), CORRESP (19), 5 (18), S-3 (18), 425 (17), ARS (17), S-8 (13), 4/A (10), S-3ASR (10), 15-12B (9), S-4/A (9), 8-K/A (8), EFFECT (8), S-3/A (7), 424B2 (6), 8-A12B (6), S-4 (6), 25-NSE (5), 3/A (5), SCHEDULE 13G/A (5), 10-K/A (3), 25 (3), PRE 14A (3), SC 13D/A (3), 424B1 (2), S-8 POS (2), SC 13D (2), SCHEDULE 13G (2), 8-A12B/A (1), CERTNYS (1), D (1), DEFM14A (1), DEFS14A (1), FWP (1), NO ACT (1), PREM14A (1), PRES14A (1), PX14A6G (1), S-3D (1)

  • Latest filingsAnnual report (10-K) Feb 13, 2026
    Quarterly report (10-Q) Jul 30, 2026
    Proxy statement (DEF 14A) Apr 14, 2026
    Latest 8-K (8-K) Sep 17, 2026

Securities registered for trading

ClassSymbolExchange
Common Shares of Beneficial Interest,$0.01 Par Value (Equity Residential)EQRNew York Stock Exchange
7.57% Notes due August 15, 2026(ERP Operating Limited Partnership)New York Stock Exchange

From the cover page of the 10-K filed Feb 13, 2026 (Section 12(b) of the Exchange Act).23

Risk factors and legal proceedings

The risks Vivmark Residential names in Item 1A of its 10-K filed Feb 13, 2026: 45 risks under these headings, as written.23

  • This Item 1A includes forward-looking statements. You should refer to our discussion of the qualifications and limitations on forward-looking statements included in Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations.
  • Risks Related to our Business Strategy
  • Investing in real estate is inherently subject to risks that could negatively impact our business.
  • The geographic concentration of our properties could have an adverse effect on our operations.
  • Competition for housing may negatively affect operations and demand for the Company’s properties or residents.
  • The short-term nature of apartment leases exposes us more quickly to the effects of declining market rents, potentially making our results of operations and cash flows more volatile.
  • Because real estate investments are illiquid, we may not be able to sell properties when appropriate.
  • Competition may prevent us from acquiring properties on favorable terms.
  • Operations from new acquisitions, development projects and renovations may fail to perform as expected.
  • Construction risks on our development projects could affect our profitability.
  • We are subject to risks involved in real estate activity through joint ventures.
  • We are subject to risks involved in activity through real estate technology and other real estate fund investments.
The other 34 risks
  • We are subject to risks related to our properties that are subject to ground leases.
  • We face certain risks related to our Non-Residential operating activities.
  • The Company’s real estate assets may be subject to impairment charges.
  • Corporate responsibility, specifically related to sustainability efforts, may expose us to new risks.
  • Our various technology-related initiatives to improve our operating margins and customer experience may fail to perform as expected.
  • Risks Related to our Financing Strategy and Capital Structure
  • Disruptions in the financial markets could hinder our ability to obtain debt and equity financing and impact our acquisitions and dispositions.
  • Changes in market conditions and volatility of share prices could decrease the market price of our Common Shares.
  • Our financial counterparties may not perform their obligations.
  • Rising interest rates can increase costs and impact the value of the Company’s assets.
  • Failure to hedge effectively against interest rate changes may adversely affect our results of operations.
  • Insufficient cash flow could affect our ability to service existing debt and create refinancing risk.
  • A significant downgrade in our credit ratings could adversely affect our performance.
  • Financial covenants could limit operational flexibility and affect our overall financial position.
  • We may change the dividend policy for our securities in the future.
  • Issuances or sales of our Common Shares or Units may be dilutive.
  • Regulatory and Tax Risks
  • The adoption of, or changes in, rent control, rent stabilization, eviction and/or other regulations/restrictions could have an adverse effect on our operations and property values.
  • Compliance or failure to comply with regulatory requirements could result in substantial costs.
  • Environmental problems are possible and can be costly.
  • Changes in U.S. accounting standards may materially and adversely affect the reporting of our operations.
  • Any weaknesses identified in our internal control over financial reporting could result in a decrease of our share price.
  • Our failure to qualify as a REIT would have serious adverse consequences to our security holders.
  • Gain on disposition of assets held for sale in the ordinary course of business is subject to 100% tax.
  • We may be subject to legislative or regulatory tax changes that could negatively impact our financial condition.
  • REIT distribution requirements could limit our available cash.
  • Tax elections regarding distributions may impact future liquidity of the Company or our shareholders.
  • Certain provisions of our Declaration of Trust and Bylaws and Maryland law and certain REIT tax requirements could inhibit changes in control.
  • General Risk Factors
  • The occurrence of cyber incidents, or a deficiency in our cybersecurity, could negatively impact our business by causing a disruption to our operations, a compromise or corruption of our confidential information, and/or damage to our reputation and business relationships, all of which could negatively impact our financial results.
  • Our business and operations rely on specialized information technology systems, the failure of or inadequacy of which could impact our business.
  • Our approach to artificial intelligence may not be successful and could adversely affect our business.
  • Litigation risk could affect our business.
  • Insurance policies can be costly and may not cover all losses, which may adversely affect our financial condition or results of operations.
  • Significant inflation could negatively impact our business.
  • We depend on our key personnel.
  • Risk of Pandemics or Other Health Crises.

Legal proceedings

As of December 31, 2025, the Company does not believe there is any litigation pending or threatened against it that, either individually or in the aggregate, may reasonably be expected to have a material adverse effect on the Company and its financial condition. See Note 15 in the Notes to Consolidated Financial Statements for further discussion.

The opening of Item 3, Legal Proceedings.23

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74
  75. 75
  76. 76
  77. 77
  78. 78
  79. 79
  80. 80
  81. 81
  82. 82
  83. 83
  84. 84
    SEC EDGAROther events
  85. 85
  86. 86
  87. 87
  88. 88
  89. 89
  90. 90
  91. 91
  92. 92
  93. 93
  94. 94
  95. 95
  96. 96
  97. 97
  98. 98
  99. 99
  100. 100
  101. 101
  102. 102
  103. 103
  104. 104