M&A Deal Summary

UDR Acquires 1818 Platinum Triangle Apartment Community

On September 7, 2010, UDR acquired real estate company 1818 Platinum Triangle Apartment Community for 71M USD

Acquisition Highlights
  • This is UDR’s 17th transaction in the Real Estate sector.
  • This is UDR’s 9th largest (disclosed) transaction.
  • This is UDR’s 17th transaction in the United States.
  • This is UDR’s 6th transaction in California.

M&A Deal Summary

Date 2010-09-07
Target 1818 Platinum Triangle Apartment Community
Sector Real Estate
Buyer(s) UDR
Deal Type Add-on Acquisition
Deal Value 71M USD

Target

1818 Platinum Triangle Apartment Community

Anaheim, California, United States
1818 Platinum Triangle Apartment Community an emerging community in Orange County. The community is a short walk to The Grove of Anaheim live music venue, Angel Stadium and the Honda Center.

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Buyer(S) 1

Buyer

UDR

Highlands Ranch, Colorado, United States

Category Company
Founded 1972
Sector Real Estate
Employees1,397
Revenue 1.6B USD (2023)
DESCRIPTION
UDR's corporate headquarters in Highlands Ranch, Colorado.
UDR's corporate headquarters in Highlands Ranch, Colorado.

UDR is a self-administered real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities generally located in high barrier-to-entry markets located throughout the United States. UDR was formerly known as United Dominion Realty Trust. UDR was founded in 1972 and is based in Highlands Ranch, Colorado.


DEAL STATS #
Overall 17 of 23
Sector (Real Estate) 17 of 23
Type (Add-on Acquisition) 15 of 17
State (California) 6 of 6
Country (United States) 17 of 23
Year (2010) 5 of 5
Size (of disclosed) 9 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-07 Marina Pointe Apartment Community

Marina del Rey, California, United States

Marina Pointe Apartment Community is close to Los Angeles International Airport and just 30 minutes from downtown Los Angeles. The community’s homes include walk-in closets, fireplaces, nine-foot ceilings, and private patios and balconies.

Buy $158M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-12 Rivergate Property

New York, New York, United States

Rivergate is a 35-story, 706-home community occupies a full city block between 34th and 35th Streets, FDR Drive and 1st Avenue. Residents benefit from this convenient location as it provides easy access to FDR Drive.

Buy $443M