Subscribe
Home Finance Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture
FinanceResidential

Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture

October 21, 20263 Mins read272
Share
apartment building facade
Photo by Nao Takabayashi on Unsplash
Share

UDR is moving 19 apartment communities into a $2 billion joint venture in which Apollo-managed funds will invest $1.34 billion for a roughly two-thirds stake, giving the Denver REIT fresh capital for debt reduction and redeployment while it keeps operating the 7,059-home portfolio and holds an option to buy Apollo out later.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
Vector isometric supermarket Previous post PSP Investments, Nuveen Launch $790MM Grocery-Anchored Retail Venture With 19 Open-Air Centers

Partner Content

Artisan Crossing, a four-story mixed-use building with ground-floor retail and a rooftop pavilion, seen at dusk behind a circular wood-deck plaza with curved concrete benches.

From Lease Up to Stabilization

ByNovember 6, 2026

2026 Northern California CRE Rising Stars

NorCal rising stars 2026

Partner Content

Hacienda sign in Pleasanton

Hacienda Edges Vacancy Below 18% as Pleasanton Campus Builds Momentum Into Year-End

ByOctober 21, 2026


Recent Posts

San Francisco Marina

San Francisco Grants Final Approval to Align’s 848-Unit Marina Safeway Towers, Opening Path to Demolition Permits

ByNovember 9, 2026
westfield mall san francisco

Seven Equity Group Seeks $98.7MM Loan to Raze $132.5MM San Francisco Centre for Up to 2.4MM SQFT of Office, Housing and Hotels

November 9, 2026
Aerial View of San Jose, California at Sunrise

Hudson Pacific Exits Two North San Jose Office Properties for $100.5MM but Still Holds 2.1MM SQFT at 70.6% Occupancy

November 9, 2026
exterior of modern warehouse

Quanta Computer Leases 199,000 SQFT at 8311 Central Avenue in Newark, Its Third Big Fremont-Newark Deal Since Summer

November 9, 2026
oneisha-lee-tQdNXd-6xao-unsplash-amusement park

Six Flags Sets Labor Day 2027 Exit From California’s Great America, Freeing Prologis’ 112.6-Acre Santa Clara Site

November 9, 2026
Related Articles
Aerial view of an open retail center in the suburbs.
FinanceRetail

Investment-Grade Fresenius Kidney Care Clinic Spanning 26,000 SQFT Lists for $13.7MM in South Sacramento

An investment-grade dialysis operator's roughly $10 million bet on a former South...

ByNovember 9, 2026
sean-mungur-mDFr9aYfNc-unsplash-motel
AECResidential

San Jose Filing Would Swap 27-Unit Motel Housing at 2188 The Alameda for 59 Supportive Homes

A ministerial permit application before San Jose planners would demolish a 27-unit...

ByNovember 9, 2026
Texas flag
AECFeaturedFinanceIndustry Contributors & EditorialRetail

McNellis: Choosin’ Texas?

Texas is booming, with new retail, data centers and people. But the...

ByNovember 9, 2026
San Francisco Marina
AECINDUSTRY newsResidentialRetail

San Francisco Grants Final Approval to Align’s 848-Unit Marina Safeway Towers, Opening Path to Demolition Permits

San Francisco planners signed off on Align Real Estate's plan to replace...

ByNovember 9, 2026
© Copyright 2024 Jellywp. All rights reserved powered by Jellywp.com