M&A Deal Summary |
|
|---|---|
| Date | 2003-12-18 |
| Target | Calvert Apartments Community |
| Sector | Real Estate |
| Buyer(s) | UDR |
| Deal Type | Add-on Acquisition |
| Deal Value | 13M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1972 |
| Sector | Real Estate |
| Employees | 1,419 |
| Revenue | 1.7B USD (2024) |
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 founded in 1972 and is based in Highlands Ranch, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 23 |
| Sector: Real Estate M&A | 7 of 23 |
| Type: Add-on Acquisition M&A Deals | 5 of 17 |
| State: Virginia M&A | 2 of 3 |
| Country: United States M&A | 7 of 23 |
| Year: 2003 M&A | 7 of 7 |
| Size (of disclosed) | 21 of 21 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-12-18 |
The Carriage Homes at Wyndham
Glen Allen, Virginia, United States The Carriage Homes was 94% occupied at closing, with average monthly rents of $1,120 per apartment home. the community was developed primarily as two-and three-bedroom townhome-style apartments nestled over one bedroom garden style apartments housed in 16 three-story buildings with an average of 1,171 square feet per home. All two- and three-bedroom style homes, which represent 68% of the community, have direct access garages. The community also features a fitness center, meeting rooms and a resort-style pool area. |
Buy | $32M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-07-06 |
The Presidio Apartment Community
Oceanside, California, United States The Presidio at Rancho Del Oro was 89% occupied at closing with average monthly rents of $1,073 per home and is a low density garden-style property and averages 923 square feet per home. The community has an extensive list of amenities including a swimming pool, fitness center, business center, tennis courts and clubhouse. |
Buy | $33M |
