M&A Deal Summary

Equity Apartments Acquires Merry Land & Investment

On August 19, 1998, Equity Apartments acquired real estate company Merry Land & Investment

Acquisition Highlights
  • This is Equity Apartments’ 1st transaction in the Real Estate sector.
  • This is Equity Apartments’ 1st transaction in the United States.
  • This is Equity Apartments’ 1st transaction in Illinois.

M&A Deal Summary
Date 1998-08-19
Target Merry Land & Investment
Sector Real Estate
Buyer(s) Equity Apartments
Deal Type Add-on Acquisition

Target

Merry Land & Investment

Chicago, Illinois, United States
Merry Land & Investment Co. a real estate company.

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Buyer(S) 1

Buyer

Equity Apartments

Chicago, Illinois, United States
Category Company
Sector Real Estate
Employees2,400
Revenue 2.9B USD (2023)
DESCRIPTION

Equity Apartments is a real estate investment trust (REIT) focused on the acquisition, development and management of apartment properties in the United States growth markets. Equity Apartments is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 2
Sector (Real Estate) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Illinois) 1 of 1
Country (United States) 1 of 2
Year (1998) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-27 Archstone Enterprise

United States

Archstone Enterprise LP (“Archstone”), which consist principally of a portfolio of high quality apartment communities in major markets in the United States,

Buy $16.0B
Mergr

Product

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