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Home›Real Estate›Residential›Apollo, UDR Partner on $2B Multifamily Joint Venture

Apollo, UDR Partner on $2B Multifamily Joint Venture

Reported · Written up by our desk · Residential

Multifamily real estate investment trust (REIT) UDR has partnered with alternative asset manager Apollo Global Management on a $2 billion multifamily joint venture, the firms announced Wednesday. Together, UDR and Apollo will own a portfolio of 19 multifamily communities spanning 7,059 units. UDR will operate and manage the portfolio, while Apollo will invest $1.34 billion […]

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Sources

Commercial ObserverApollo, UDR Partner on $2B Multifamily Joint Venture

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