UDR和LaSalle Investment Management完成2.3亿美元的合资企业扩张

2025-12-19 05:17

Contribute four additional apartment communities totaling 974 apartment homes, increasing the size of the venture to a total of 2,564 apartment homes. The newly contributed properties are located in Portland, Orlando, and Richmond, and have an average vintage of 1985.
Retain 51% ownership in the communities contributed to the joint venture.
Encumber the newly contributed assets with 50% debt and place debt on existing joint venture assets, bringing total joint venture-level leverage to approximately 33%.
- Receive approximately $200 million in cash proceeds.