Investment Summary |
|
|---|---|
| Date | 2003-12-16 |
| Target | The Commons at Town Square |
| Sector | Real Estate |
| Investor(s) | UDR |
| Deal Type | Stake Purchase |
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| 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 | 2 of 23 |
| Sector: Real Estate M&A | 2 of 23 |
| Type: Stake Purchase M&A Deals | 1 of 2 |
| State: District of Columbia M&A | 1 of 4 |
| Country: United States M&A | 2 of 23 |
| Year: 2003 M&A | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-07-01 |
Inlet Bay Apartment Community
St. Petersburg, Florida, United States Inlet Bay Apartment Community, a 464 apartment home community,The community has been developed in two phases at a combined low density of 8.14 homes per acre. All homes have private views of water features and/or natural areas.The community is approximately one mile south of I-275 and one-half mile from Old Tampa Bay.The Gateway submarket consists of some 14.6 million square feet of office, retail and industrial space. |
Buy | $31M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-12-18 |
Calvert Apartments Community
Alexandria, Virginia, United States Calvert Apartments Community,was 92% occupied at closing with average monthly rents of $1,053 per apartment home, the community was developed as a single 14-story mid-rise tower built over 20,500 square feet of neighborhood retail and office space with an average of 781 square feet per apartment home. The community features a penthouse level pool and community area. |
Buy | $13M |