UDR Closes $2 Billion Joint Venture with Apollo and Projects Revenue Growth for 2027
UDR, Inc. (UDR) has officially closed its previously announced $2 billion joint venture with Apollo, marking a significant strategic milestone for the company's capital structure and growth trajectory. During the Q3 2026 earnings call, management highlighted this closing as a key driver for future scalability. Looking ahead to 2027, UDR leadership signaled an expected same-store revenue 'earn-in' of 80 to 100 basis points. This guidance suggests a stabilizing or improving operational environment for the company's residential portfolio following the integration of new capital and assets.
Topics: earnings report joint venture mergers and acquisitions real estate
Read the full article at Seeking Alpha
Part of the story Manulife Reports Record Core Earnings and Strong Asian Growth in Q3 2026 (106 articles)