AvalonBay Acquired by Equity Residential | Real Estate Services M&A Deal

Equity Residential has acquired AvalonBay, a real estate services other business in the multifamily real estate market, for $69B. Equity Residential acquisitions focus on apartment communities and property operations, and AvalonBay provides additional multifamily assets and local market scale. The merger acquisition combines two strategic acquisition platforms to expand Equity Residential’s footprint across major U.S. metros, including New York and Washington, DC. Equity Residential acquisitions are structured as a strategic acquisition and real estate services M&A merger acquisition, with the combined enterprise sized above $100M. The announced merger acquisition is valued at $69 billion and is expected to close under standard merger terms.