$69B
Enterprise Value
$4.4B
Under Construction
$2B
Annual Cash Flow and Self-Funding Capacity
$125M
Net Synergies
After Real Estate Tax Reassessments
600+
Communities Managed
180K+
Apartments Managed
Transaction Structure
51.2%
AvalonBay Shareholder Ownership
48.8%
Equity Residential Shareholder Ownership
2.793 to 1
EQR to AVB Exchange Ratio