Morrison & Foerster represented UDR, Inc., a publicly traded real estate investment trust (the "Company"), in connection with its $306 million underwritten public offering of 7,000,000 shares of the Company's common stock, under its shelf registration statement. In connection with the offering, the Company entered into forward sale agreements between the Company and each of JPMorgan Chase Bank, N.A., and Wells Fargo Bank, N.A. The offering closed on April 5, 2021.
The deal team, led by Washington D.C. corporate partners Dave Lynn and Andy Campbell, included Washington D.C. corporate associates John Hensley and Meredith Carr, New York of counsel Jim Schwartz, San Diego tax partner Shane Shelley, and San Francisco tax associate Jessica Stern.