LaSalle Announces $230 Million Expansion of Joint Venture with UDR, Inc.
Prnewswire·2025-12-19 05:15

CHICAGO, Dec. 18, 2025 /PRNewswire/ -- LaSalle Investment Management ("LaSalle") announced today that it has closed on a 230millionexpansionofitsjointventurewithUDR,Inc.(NYSE:UDR),aleadingmultifamilyrealestateinvestmenttrust.Thistransactionincreasesthetotalsizeofthejointventuretoapproximately230 million expansion of its joint venture with UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust. This transaction increases the total size of the joint venture to approximately 850 million. The expansion adds four apartment communities totaling 974 homes to the joint venture's portfolio, which now comprises 2,564 homes. The newly contributed properties are loc ...