Vivmark Guides FY26 Same-Store Revenue Growth 1.5%-2.5%, Led by Northern California and NYC
VMRK is trading near its 52-week low of $57.57 (14% above the low).
Summary
Vivmark Residential issued FY 2026 same-store residential revenue growth guidance of 1.5%-2.5%, with Northern California and metro New York/New Jersey expected to grow 3.0%-7.0%. The midpoint of 2% is consistent with pre-merger guidance from Equity Residential and AvalonBay on July 22, 2026. As of Sept. 11, same-store net effective asking rates rose 3.6% Y/Y and physical occupancy was 95.7%. The stock rose 0.9% in premarket trading. This is the first detailed regional outlook since the August merger, providing clarity on portfolio performance.
At the time of this announcement, VMRK was trading at $65.82 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $50.8B. The 52-week trading range was $57.57 to $71.50. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Seeking Alpha.