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UDR, LaSalle Investment Management Form $510 Million Multifamily Joint Venture

Initial Portfolio Seeded with Four Properties Valued at $250 Million
The Lodge at Aims Point in Boston is the largest complex in the new UDR/LaSalle Investment Management joint venture. (CoStar)
The Lodge at Aims Point in Boston is the largest complex in the new UDR/LaSalle Investment Management joint venture. (CoStar)

UDR, a Denver-based multifamily real estate investment trust, sold a partial interest in four of its multifamily properties into a joint venture with Chicago-based LaSalle Investment Management.

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