Why Invest In UDR, Inc.

Document Details

Document Details

Filing Type

8-K (SEC's EDGAR System)

Company UDR, Inc. (Highlands Ranch, CO)
Event Date 8/9/2019
Filing Date 8/12/2019

Abstract: On Aug. 12, registrant announced that it entered into an agreement with MetLife Investment Management to acquire the approximately 50% interest not previously owned in 10 UDR/MetLife Investment Management Joint Venture operating communities, one community under development and four accretive development land sites, valued at $1.1 billion, or $557 million at the registrant’s share, and, to sell its approximately 50% ownership interest in five UDR/MetLife Investment Management Joint Venture communities valued at $645 million, or $323 million at the registrant’s share, to MetLife Investment Management.
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  1. 8-K
  2. EX-99.1

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