UDR and Apollo form $2 billion joint venture for 19 apartment communities

UDR, Inc. and Apollo Global Management announced a $2 billion joint venture covering a portfolio of 19 apartment communities with 7,059 dwellings. Apollo-managed funds will invest $1.34 billion in equity for a two-thirds interest, with the transaction expected to close October 29, 2026.

Detected & updated continuously · Source: Nebula