{"id":7732,"date":"2026-08-25T20:09:43","date_gmt":"2026-08-25T20:09:43","guid":{"rendered":"https:\/\/nextcitydigest.com\/?p=7732"},"modified":"2026-08-25T20:09:43","modified_gmt":"2026-08-25T20:09:43","slug":"real-estate-mega-merger-apartment-deals-in-bay-area-top-700-million","status":"publish","type":"post","link":"https:\/\/nextcitydigest.com\/?p=7732","title":{"rendered":"Real estate mega-merger apartment deals in Bay Area top $700 million"},"content":{"rendered":"<div>\n<div>\n<p>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.<\/p>\n<p>Read more <a href=\"https:\/\/nextcitydigest.com\/?p=7730\">Gov. Newsom lists Sacramento-area mansion for $7.5 million, may flee city governor called \u2018so dull\u2019<\/a><\/p>\n<p>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.<\/p>\n<p>The merger created a new company called Vivmark Residential, valued at roughly $70 billion around the time of the deal\u2019s completion. Affiliates of Vivmark now own more than 180,000 rental apartments with another 10,000-plus units under construction.<\/p>\n<p>The Vivmark affiliates paid a combined $741.8 million for the seven apartment complexes, county documents show.<\/p>\n<p>Avalon Campbell at 508 Railway Ave. in Campbell totals 348 units and was purchased for $147.3 million.<\/p>\n<p>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.<\/p>\n<p>Avalon Fremont at 39939 Stevenson Common in Fremont totals 308 units and was bought for $124.3 million.<\/p>\n<p>Read more <a href=\"https:\/\/nextcitydigest.com\/?p=7728\">Greg Papa to join NBC Sports Bay Area gameday 49ers coverage after KNBR layoff<\/a><\/p>\n<p>Eaves Creekside at 151 Calderon Ave. in Mountain View totals 300 units and was acquired for $117.3 million.<\/p>\n<div>\n<\/div>\n<p>Eaves Fremont at 231 Woodcreek Common in Fremont contains 237 units and was bought for $88.9 million.<\/p>\n<p>Eaves Dublin at 7904 Fall Creek Road in Dublin has 204 units and was purchased for $64.6 million.<\/p>\n<p>Eaves Union City at 2175 Decoto Road contains 208 units and was acquired for $59.1 million.<\/p>\n<p>Mountain View apartment complex at 151 Calderon Avenue, seen in July 2025. (Google Maps)<\/p>\n<p>Read more <a href=\"https:\/\/nextcitydigest.com\/?p=7726\">8 new and expanded wine bars around the Bay<\/a><\/p>\n<div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A real estate mega-merger has resulted in the purchases of several apartment complexes in the South Bay and East Bay that were bought for a combined total that tops $700 million.<\/p>\n","protected":false},"author":1,"featured_media":7731,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-7732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Real estate mega-merger apartment deals in Bay Area top $700 million - Next City Digest<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nextcitydigest.com\/?p=7732\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Real estate mega-merger apartment deals in Bay Area top $700 million - 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