AvalonBay Communities and Equity Residential Close $70 Billion Merger of Equals

On August 17, 2026, AvalonBay Communities, Inc. and Equity Residential closed their approximately $70 billion merger of equals, creating Vivmark Residential, with a portfolio of more than 184,000 rental apartments and over 11,100 apartments currently under construction.

The Econic Partners team, led by Jon Orszag and Ian MacSwain, was retained by AvalonBay and Equity Residential and their outside counsel to advise on potential antitrust and competition issues arising from the transaction.

The team supporting Mr. Orszag and Mr. MacSwain included Gloriana Alvarez, Oscar Soler Sanchez, Noah Harrigan, Jerry Wallace, and Arushi Ghosh.

Econic Partners worked closely with Ilene Gotts of Wachtell, Lipton, Rosen & Katz, counsel to Equity Residential, and Arman Oruc and Elliot Silver of Goodwin Procter LLP, counsel to AvalonBay.