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Corporate

Dec. 8, 2012

Morrison & Foerster negotiates one of nation's largest real estate deals

Lawyers at Morrison & Foerster LLP are representing Equity Residential in a joint agreement with AvalonBay Communities Inc. to acquire Archstone Enterprises LP for $16 billion.


By Connie Lopez


Daily Journal Staff Writer


Lawyers at Morrison & Foerster LLP are representing Equity Residential in a joint agreement with AvalonBay Communities Inc. to acquire Archstone Enterprises LP, a portfolio of luxury apartment buildings in major U.S. markets, from the now-defunct Lehman Brothers Holdings Inc. for $16 billion, including the assumption of debt.


The deal is one of the largest multifamily transactions in recent years,...

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