A real estate mega-merger triggered the purchases of at least seven apartment complexes in the South Bay and East Bay for a combined total that tops $700 million, public documents show.
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As of Aug. 24, purchases related to the merger of real estate firms Avalon Bay and Equity Residential involved seven apartment complexes with a combined 1,843 residential units in Mountain View, Fremont, Campbell, Union City and Dublin, a review of multiple property databases shows.
The merger created a new company called Vivmark Residential, valued at roughly $70 billion around the time of the deal’s completion. Affiliates of Vivmark now own more than 180,000 rental apartments with another 10,000-plus units under construction.
The Vivmark affiliates paid a combined $741.8 million for the seven apartment complexes, county documents show.
Avalon Campbell at 508 Railway Ave. in Campbell totals 348 units and was purchased for $147.3 million.
Avalon Towers on the Peninsula at 2400 West El Camino Real in Mountain View has 238 units. The deal, totaling $140.4 million, also included a mid-rise adjacent office building at 2440 El Camino.
Avalon Fremont at 39939 Stevenson Common in Fremont totals 308 units and was bought for $124.3 million.
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Eaves Creekside at 151 Calderon Ave. in Mountain View totals 300 units and was acquired for $117.3 million.
Eaves Fremont at 231 Woodcreek Common in Fremont contains 237 units and was bought for $88.9 million.
Eaves Dublin at 7904 Fall Creek Road in Dublin has 204 units and was purchased for $64.6 million.
Eaves Union City at 2175 Decoto Road contains 208 units and was acquired for $59.1 million.
Mountain View apartment complex at 151 Calderon Avenue, seen in July 2025. (Google Maps)
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