An apartment building stands in the East Village in New York City, on May 11, 2026. Spencer Platt/Getty ImagesAvalonBay Communities and Equity Residential on May 20 announced they would join forces in an all-stock merger to create a multifamily real estate titan with an enterprise value approaching $69 billion.The merger would create a much stronger organization that would generate about $2 billion annually in cash flow to be deployed across multiple growth channels, the companies said in an investor presentation.
8.6
C
Ottawa
Thursday, May 21, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS