Top Ten Deals of 2013
2013 is the year of large portfolio acquisitions.
We pulled the top 10 transactions for the year (so far) from MultiFamilyExecutive.com. You will find big players like Irvine Co., GE Capital, Lehman Bros., Blackstone, and Archstone closing large deals.
Top Ten Deals of 2013
1. Archstone Portfolio, Equity Residential from Lehman Bros. $8.961 billion
2. AvalonBay Archstone Portfolio, AvalonBay Communities from Lehman Bros. $6.5 billion
3. GE Capital U.S. Apartments Portfolio, Blackstone from GE Capital $2.7 billion
4. Equity Residential Portfolio, Goldman Sachs, Greystar, and Ivanhoe Cambridge from Equity Residential $1.5 billion
5. Lone Star Funds Apartment Portfolio, Lone Star Funds from ORIX Capital Markets $1.2 billion
6. Aldyn & Ashley Portfolio, GID OBO CalPERS from Carlyle Group $401 million
7. UDR Portfolio, MetLife from UDR $399.8 million
8. La Mirage (San Diego), Irvine Co. from Equity Residential $360 million
9. Archstone Crystal Towers (Arlington, Va.) Dweck Properties from Equity Residential $322.3 million
10. Bravern Signature Residences (Bellevue, Wash.), Invesco RE from Schnitzer West $307.8 million
Source: MultiFamilyExecutive.com