Vivmark Residential Calls Series K Cumulative Redeemable Preferred Shares for Redemption

Vivmark Residential Calls Series K Cumulative Redeemable Preferred Shares for Redemption

Vivmark Residential (NYSE: VMRK) (the “Company”) today announced that it has called for redemption, on December 10, 2026 (the “Redemption Date”), all of its outstanding Series K Cumulative Redeemable Preferred Shares of Beneficial Interest (the “Series K Preferred Shares”). The Series K Preferred Shares will be redeemed at a redemption price equal to their $50.00 per share liquidation preference, plus $0.806 per share in accrued and unpaid dividends from October 1, 2026 through the Redemption Date, for a total redemption price of $50.806 per share (the “Redemption Price”). As of the close of business on November 9, 2026, there were 343,100 Series K Preferred Shares outstanding with an aggregate liquidation preference of $17.155 million. From and after the Redemption Date, dividends on the Series K Preferred Shares will cease to accrue, the Series K Preferred Shares shall no longer be deemed outstanding and all rights of the holders of Series K Preferred Shares with respect to such shares will terminate, except the right to receive the Redemption Price, without interest.