Armed with cash from the right-sizing, UDR has been leveraging its balance sheet to beef up its operations, technology infrastructure, green initiatives, and energy management, and ultimately prepare itself to be the ideal property owner and manager for an on-the-go Gen Y renter. More
The recently announced deal between UDR and Kuwait Finance House (KFH) seems to indicate that the Highlands Ranch, Colo.-based company is adding more than $450 million in dry powder for acquisitions. It could also be tangible evidence that outside investors are starting to warm up to the multifamily space. More