UDR · 8-K · 20261102PR000084
Acquisitions and Divestitures
UDR, Inc. · 2026-11-02 · Importance 65 · Surprise 60 · In source text
UDR closed a $2.0 billion strategic partnership with Apollo by contributing 19 communities with 7,059 homes at an approximately 6.0% capitalization rate; Apollo invested $1.34 billion, and UDR retained approximately one-third ownership and management responsibilities. UDR sold communities in Seattle and Nashville with 412 homes for $183.0 million and remained under contract to sell a 396-home Washington, D.C.-area community for approximately $69.0 million. It expanded its LaSalle joint venture to approximately $958.3 million by contributing a 360-home Nashville community and received approximately $103.2 million in cash proceeds. In its DPE portfolio runoff, UDR acquired a 483-home Inland Empire community for $160.3 million cash based on a $250.1 million valuation and agreed to acquire another 237-home community in the first half of 2027; it also acquired a 286-home Portland community for $74.7 million cash based on a $104.3 million valuation.
Key facts
- UDR acquired a 483-home community in California’s Inland Empire for an incremental cash outlay of $160.3 million based on a property valuation of $250.1 million. source
- UDR sold two apartment communities, one in Seattle and one in Nashville, totaling 412 homes for gross proceeds of $183.0 million. source
- UDR remained under contract to sell a 396-home apartment community in the Metropolitan Washington, D.C. area for approximately $69.0 million in gross proceeds. source
- UDR agreed to acquire a 237-home community in California’s Inland Empire in the first half of 2027, subject to customary closing conditions. source
- UDR acquired a 286-home community in Portland, Oregon, for an incremental cash outlay of $74.7 million based on a property valuation of $104.3 million. source
- As of September 30, 2026, UDR owned or had an ownership position in 60,617 apartment homes, including 634 homes under development. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | — | UDR acquired a 483-home community in California’s Inland Empire for an incremental cash outlay of $160.3 million based on a property… |
| assets | positive | realized | — | UDR acquired a 483-home community in California’s Inland Empire for an incremental cash outlay of $160.3 million based on a property… |
| cash | positive | realized | — | UDR sold two apartment communities, one in Seattle and one in Nashville, totaling 412 homes for gross proceeds of $183.0 million. |
| cash | positive | probable | — | UDR remained under contract to sell a 396-home apartment community in the Metropolitan Washington, D.C. area for approximately $69.0… |
| cash | negative | probable | — | UDR agreed to acquire a 237-home community in California’s Inland Empire in the first half of 2027, subject to customary closing conditions. |
| assets | positive | probable | — | UDR agreed to acquire a 237-home community in California’s Inland Empire in the first half of 2027, subject to customary closing conditions. |
| cash | negative | realized | — | UDR acquired a 286-home community in Portland, Oregon, for an incremental cash outlay of $74.7 million based on a property valuation of… |
| assets | positive | realized | — | UDR acquired a 286-home community in Portland, Oregon, for an incremental cash outlay of $74.7 million based on a property valuation of… |