AvalonBay, Equity Residential Reportedly Explore Potential Megamerger

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AvalonBay Communities Inc. (NYSE: AVB) and Equity Residential (NYSE: EQR), two of the largest U.S. apartment REITs, are reportedly in early-stage discussions about a potential merger. This significant transaction would combine portfolios totaling over 180,000 apartment units and reshape the multifamily sector. Both companies have market capitalizations around $25 billion and previously partnered on the $9 billion acquisition of Archstone in 2013.
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