Hogan Lovells represented Equity Residential (NYSE: EQR), the largest publicly traded U.S. apartment owner, in its agreement to purchase a 26.5 percent stake in apartment owner Archstone for $1.325 billion from Bank of America Corp and Barclays.

Equity Residential is an S&P 500 company focused on the acquisition, development and management of high quality apartment properties in top U.S. growth markets.

“We are proud to have worked closely with and advised the talented Equity Residential team on this significant transaction,” said Corporate partner David Slotkin, Hogan Lovells’ lead lawyer on the transaction. “Getting a deal of this complexity and magnitude pulled together highlights the strength and expertise that our global M&A practice brings to bear for our clients in structuring and negotiating transactions core to their mission.”