Vivmark Residential said it acquired 9 consolidated rental properties and 2 consolidated land parcels for approximately $661.6 million in 2025, and disposed of 11 consolidated rental properties and 1 consolidated land parcels, receiving net proceeds of approximately $1.1 billion.

1. 01

   Vivmark Residential said it acquired 9 consolidated rental properties and 2 consolidated land parcels for approximately $661.6 million in 2025, and disposed of 11 consolidated rental properties and 1 consolidated land parcels, receiving net proceeds of approximately $1.1 billion.

2. 02

   The company said cash provided by operating activities in 2025 increased by approximately $75.2 million compared to 2024. It cited same store operating expense increases of $8.1 million for real estate taxes, $11.3 million for utilities and $6.2 million for repairs and maintenance.

3. 03

   Vivmark Residential said it issued $500.0 million of 7-year 4.95% unsecured notes in 2025, receiving net proceeds of approximately $498.6 million, and repurchased and retired 4,526,740 Common Shares at a weighted average purchase price of $62.00 per share for an aggregate purchased amount of approximately $280.7 million.

4. 04

   The company said it held approximately $1.9 billion in readily available liquidity and declared a dividend per share/unit of $0.6925 for each quarter in 2025, an annualized increase of 2.6% over the amount paid in 2024.

Key figures

Fiscal year ended December 31, 2025

Net income

$1.1B

EPS

$2.94

Operating cash flow

$1.6B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.