8-KItem 2.02 · Results of OperationsItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
UDR raises 2026 guidance and plans $2 billion Apollo partnership
Filed with the SEC on · Summarized by InvestorsBot
UDR expects third-quarter 2026 net income of $0.67 per diluted share and FFO as Adjusted of $0.65, while raising full-year guidance to $1.58-$1.60 for net income and $2.54-$2.56 for FFOA per diluted share. UDR and Apollo intend to form a $2.0 billion joint venture covering 19 communities and 7,059 apartment homes, with Apollo investing $1.34 billion for about two-thirds and UDR retaining one-third; closing is expected October 29, 2026, subject to customary conditions. The results are preliminary and unaudited, and UDR plans to report final third-quarter results November 2, 2026.