UDR and Apollo Announce $2 Billion Strategic Partnership
UDR and Apollo announced their intention to form a long-term joint venture involving a diversified portfolio of apartment communities.
UDR, Inc. (NYSE:UDR), a multifamily real estate investment trust, and Apollo (NYSE:APO) today announced their intention to form a new, long-term joint venture involving a diversified portfolio of apartment communities. The joint venture will own a portfolio of 19 high-quality communities totaling 7…