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AvalonBay, Equity Residential announce $69B merger, creating real estate behemoth
AvalonBay and Equity Residential announce a merger with an enterprise value of $68B, creating a major apartment REIT.
AvalonBay discussing merger with Equity Residential, Bloomberg reports
Arlington-based AvalonBay Communities is in early discussions about a potential merger with Chicago-based rival Equity Residential.
Real Estate 2023: BENJAMIN SCHALL
Before becoming CEO in 2022, Schall was AvalonBay‘s president, joining the company just the year before. Previously, Schall was CEO of Seritage Growth Properties and chief operating officer of Rouse Properties. At Rouse, he oversaw the redevelopment and operations of a $2.5 billion portfolio of 35 regional malls across the country, totaling 25 million square […]
