M&A Deal Summary

AvalonBay Communities Acquires Fuller Martel Apartment Community

On November 7, 2005, AvalonBay Communities acquired real estate company Fuller Martel Apartment Community for 18M USD

Acquisition Highlights
  • This is AvalonBay Communities’ 1st transaction in the Real Estate sector.
  • This is AvalonBay Communities’ 13th largest (disclosed) transaction.
  • This is AvalonBay Communities’ 1st transaction in the United States.
  • This is AvalonBay Communities’ 1st transaction in California.

M&A Deal Summary
Date 2005-11-07
Target Fuller Martel Apartment Community
Sector Real Estate
Buyer(s) AvalonBay Communities
Deal Type Add-on Acquisition
Deal Value 18M USD

Target

Fuller Martel Apartment Community

California, United States
Fuller Martel Apartment Community an unrelated third party and features 82 one- and two-bedroom apartment homes. Community amenities include a fitness center, indoor spa, and a rooftop deck, which offers views of the entire Los Angeles Basin.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

AvalonBay Communities

Arlington, Virginia, United States
Category Company
Sector Real Estate
Employees2,978
Revenue 2.8B USD (2023)
DESCRIPTION

AvalonBay Communities develops, redevelops, acquires, and manages high-quality apartment communities in the high barrier-to-entry markets of the United States. The Company has several communities under construction and reconstruction, as well as holding future development rights for other communities. AvalonBay Communities is based in Arlington, Virginia.

DEAL STATS #
Overall 1 of 13
Sector (Real Estate) 1 of 13
Type (Add-on Acquisition) 1 of 13
State (California) 1 of 3
Country (United States) 1 of 13
Year (2005) 1 of 3
Size (of disclosed) 13 of 13
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-15 Civic Center Place

California, United States

Civic Center Place is an unrelated third party and features 192 one- and two-bedroom apartment homes and two-bedroom townhomes. Community amenities include a fitness center, tennis court and two swimming pools and spas.

Buy $38M
Mergr

Product

Company

Legal