UDR, Inc. Announces $230 Million Joint Venture Expansion

DENVER--(BUSINESS WIRE)--UDR, Inc. (the "Company†) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that it has closed a $230 million expansion of its joint venture with LaSalle Investment Management (the "Partner†), increasing the size of the joint venture to approximately $850 million. Under the terms of the transaction, UDR will: Contribute four additional apartment communities totaling 974 apartment homes, increasing the size of the venture to a total of 2,56. ...