Key Takeaways
- • UDR, Inc. appointed Scott McCallum as Executive Vice President and Chief Investment Officer, effective November 5, 2026, according to a company press release dated October 14, 2026.
- • McCallum joins from Blackstone Inc., where he was a Managing Director in the Real Estate Group and worked on residential investments in Canada and the United States since joining in 2017.
- • McCallum will report to Thomas W. Toomey, UDR's Chairman, President, and Chief Executive Officer, and brings roughly a decade of multi-property-type real estate investment experience.
- • UDR reported owning or holding ownership positions in 60,259 apartment homes as of June 30, 2026, including 685 under development; the company is an S&P 500 component.
Summary
UDR, Inc., the multifamily real estate investment trust, has named Scott McCallum as Executive Vice President and Chief Investment Officer, effective November 5, 2026, according to a press release announced in Denver on October 14, 2026. McCallum will report directly to Thomas W. Toomey, UDR's Chairman, President, and Chief Executive Officer, who said McCallum is "a seasoned executive with an exceptional blend of investment and strategic insight" and is "well positioned to lead our investment team."
McCallum comes to UDR from Blackstone Inc., where he 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, contributing to the growth of the firm's residential platforms in North America. Blackstone manages more than $1.3 trillion in assets under management. Per the company's announcement, McCallum brings a decade of experience across multiple real estate property types.
Before Blackstone, McCallum served as an officer in the United States Navy. He holds a BS in Honors Economics with an Arabic minor from the United States Naval Academy. In his statement, McCallum said he was "honored by the opportunity to serve as UDR's Executive Vice President - Chief Investment Officer and lead an extremely talented and motivated team."
The appointment comes as UDR reports a substantial portfolio footprint. As of June 30, 2026, the company owned or held ownership positions in 60,259 apartment homes, including 685 apartment homes under development. UDR is an S&P 500 component.
McCallum comes to UDR from Blackstone Inc., where he 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, contributing to the growth of the firm's residential platforms in North America. Blackstone manages more than $1.3 trillion in assets under management. Per the company's announcement, McCallum brings a decade of experience across multiple real estate property types.
Before Blackstone, McCallum served as an officer in the United States Navy. He holds a BS in Honors Economics with an Arabic minor from the United States Naval Academy. In his statement, McCallum said he was "honored by the opportunity to serve as UDR's Executive Vice President - Chief Investment Officer and lead an extremely talented and motivated team."
The appointment comes as UDR reports a substantial portfolio footprint. As of June 30, 2026, the company owned or held ownership positions in 60,259 apartment homes, including 685 apartment homes under development. UDR is an S&P 500 component.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.