Earnings
UDR Says Apollo's 7% Return Is 'A Target' — Defends $2 Billion Venture's Complexity
UDR's CFO said Apollo has no put rights and no guaranteed return in the $2 billion joint venture that closed last week.
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Earnings
UDR's CFO said Apollo has no put rights and no guaranteed return in the $2 billion joint venture that closed last week.
Earnings
The apartment landlord also bought back about 5.2 million shares through October and lifted its full-year cash-earnings range.
Earnings
The apartment landlord raised full-year net income guidance to $1.58 to $1.60 a share and set fourth-quarter ranges alongside a $2.0 billion Apollo venture.