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Vivmark’s Bay Area Apartment Blitz | Real Estate News
Two real estate giants, AvalonBay and Equity Residential, have merged to form Vivmark Residential — a $70 billion powerhouse now owning over 180,000 apartments nationwide. In a bold move, they’ve just dumped $741.8 million on seven Bay Area complexes across Mountain View, Fremont, Campbell, Union City, and Dublin — including the $147.3M Avalon Campbell and the $140.4M Avalon Towers. With Bay Area apartment vacancy at just 4%, this surge signals massive confidence in rental markets, smashing the region’s previous record for apartment sales. Vivmark’s aggressive expansion underscores a clear…
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