{"id":446515,"date":"2026-08-28T21:42:43","date_gmt":"2026-08-28T21:42:43","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/446515\/"},"modified":"2026-08-28T21:42:43","modified_gmt":"2026-08-28T21:42:43","slug":"real-estate-mega-merger-leads-to-purchase-of-campbell-apartments-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/446515\/","title":{"rendered":"Real estate mega merger leads to purchase of Campbell apartments"},"content":{"rendered":"<p>CAMPBELL \u2014 A merger of two real estate firms resulted in the purchase of a 348-unit apartment complex in Campbell.<\/p>\n<p>Avalon Campbell, at 508 Railway Ave., was bought for $147.3 million, documents filed on Aug. 21 with the Santa Clara County Recorder\u2019s Office show.<\/p>\n<p>At roughly $423,300 a unit, the purchase price was above the <a href=\"https:\/\/www.matthews.com\/insights\/top-10-multifamily-markets-in-2026\" rel=\"nofollow noopener\" target=\"_blank\">average price per unit of $404,500 for apartments<\/a> in Santa Clara County during 2025, as estimated by Matthews Research and Costar Group.<\/p>\n<p>The apartment complex was owned by an affiliate of AvalonBay. On Aug. 13, <a href=\"https:\/\/www.multifamilydive.com\/news\/reit-merger-vivmark-equity-residential-avalonbay\/827775\/\" rel=\"nofollow noopener\" target=\"_blank\">AvalonBay and Equity Residential completed<\/a> a merger that created a new company called Vivmark Residential.<\/p>\n<p>Vivmark Residential was valued at $69 billion when the deal was completed. The combined firm now owns more than 180,000 rental apartments with another 10,000-plus units under construction.<\/p>\n","protected":false},"excerpt":{"rendered":"CAMPBELL \u2014 A merger of two real estate firms resulted in the purchase of a 348-unit apartment complex&hellip;\n","protected":false},"author":2,"featured_media":446516,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[184,387,7,8,185,3010,1335,383,1011,1337,100,388,1010,88,90,89,198,200],"class_list":["post-446515","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-jose","tag-bay-area","tag-business","tag-california","tag-california-news","tag-campbell","tag-commercial-real-estate","tag-development","tag-economy","tag-housing","tag-housing-development","tag-news","tag-real-estate","tag-rent","tag-san-jose","tag-san-jose-headlines","tag-san-jose-news","tag-santa-clara-county","tag-south-bay"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/446515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=446515"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/446515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/446516"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=446515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=446515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=446515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}