# Vivmark Residential Q3 2026 Earnings Results

> Vivmark Residential reports $1.03 per share Core FFO, 2.2% same-store revenue growth, and $1.45 billion upfront value creation after merger.
- Title: Vivmark Residential Q3 2026 Earnings Results · The Motley Fool
- Summary: Vivmark Residential reports $1.03 per share Core FFO, 2.2% same-store revenue growth, and $1.45 billion upfront value creation after merger.
- Keywords: vivmark residential, q3 2026, core ffo, same-store revenue, merger synergies, upfront value creation, property nois, development pipeline, occupancy rate, net effective rent, The Motley Fool
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/11/06/vivmark-residential-vmrk-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-11-06T15:41:21+00:00
- Read time: 1 min
- Topics: vivmark residential, q3 2026, core ffo, same-store revenue, merger synergies, upfront value creation, property nois, development pipeline, occupancy rate, net effective rent, finance, money
## Q3 2026 Results
Vivmark Residential reported Q3 2026 Core FFO of $1.03 per share.
## Same-Store Revenue Guidance
Raised same-store revenue guidance to 2.2% for 2026 from 2.0%.
## Gross Annual Synergies
Increased gross annual synergies to $185 million from $175 million target.
## Net Annual Synergies
Raised net annual synergies to $135 million from $125 million target.
## Merger Costs
Merger costs decreased to $725 million from initial $750 million estimate.
## Merger Accretion
Merger accretion increased to 3% from previously projected 2% run rate.
## Upfront Value Creation
Upfront value creation increased to $1.45 billion from initial underwriting estimates.
## Embedded Revenue Growth
Embedded revenue growth entered 2027 at 1% from 60 basis points in 2026.
## Incremental Development NOI
Expected $70 million incremental development NOI in 2027.
## Development Pipeline
Development pipeline includes $4.4 billion in active projects with average stabilized yield exceeding 6%.
## Physical Occupancy
Physical occupancy at 96% for merged same-store portfolio.
## Blended Rate Change
Blended rate change of 3.1% for Q3, 150 basis points increase versus last year.
## Net Effective Asking Rents
Net effective asking rents 4% above last year.
## Turnover
Turnover declined to 12.7%, 50 basis points lower year over year.
## Investment Capacity
$2 billion annual investment capacity on leverage-neutral basis.
## Debt Offering
Completed $1 billion debt offering prior to merger closing.
## Credit Rating Upgrade
S&P upgraded company from A- to A credit rating.
## Key takeaway

Vivmark Residential achieved $1.03 per share Core FFO for Q3 2026, raised same-store revenue guidance to 2.2%, and reported $1.45 billion upfront value creation from merger synergies.