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AvalonBay, Equity Residential raise outlooks as planned merger takes center stage

Shareholders to vote Aug. 12 on deal creating nation's largest apartment owner
The Residences at 4040 Wilson in Arlington, Virginia, is among the apartment properties owned and operated by AvalonBay Communities. (CoStar)
The Residences at 4040 Wilson in Arlington, Virginia, is among the apartment properties owned and operated by AvalonBay Communities. (CoStar)
CoStar News
July 22, 2026 | 10:01 P.M.

Rival apartment owners AvalonBay Communities and Equity Residential raised their outlooks after a stronger-than-expected second quarter, giving investors an early look at what their planned merger could deliver.

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