UDR Expects 80-100-Basis-Point Same-Store Revenue Earn-In in 2027
Photo: TokenPost
UDR expects an 80-to-100-basis-point same-store revenue earn-in in 2027 after closing its Apollo joint venture, offering an early view of the U.S. apartment REIT’s outlook for the next year. Chief Operating Officer Mike Lacy said on Nov. 3, “We expect a 2027 same-store revenue earn-in of 80 to 100 basis points.” Lacy said the eventual amount depends on results through the end of 2026. The figure is an early management expectation, not formal 2027 guidance. UDR’s approximately $2 billion joint venture with Apollo closed Oct. 30, completing a transaction involving 19 communities and 7,059 apartment homes.
Source: TokenPost
