UDR names Blackstone's Scott McCallum as chief investment officer

UDR, Inc. (NYSE: UDR), a multifamily real estate investment trust, announced that Scott McCallum will join the company as Executive Vice President and Chief Investment Officer, effective November 5, 2026.

McCallum joins UDR from Blackstone Inc., where he most recently served as a Managing Director in the Real Estate Group. He joined Blackstone in 2017 and worked on real estate investments in Canada and the United States, including transactions related to Blackstone's residential platforms in North America. Before Blackstone, McCallum served as an officer in the United States Navy. He holds a bachelor's degree in Honors Economics from the United States Naval Academy.

McCallum will report to Thomas W. Toomey, UDR's Chairman, President, and Chief Executive Officer.

"Scott is a seasoned executive with an exceptional blend of investment and strategic insight. He is well positioned to lead our investment team," Toomey said in a statement.

As of June 30, 2026, UDR owned or had an ownership position in 60,259 apartment homes, including 685 under development.

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