Waterford Property Company, LLC and California Statewide Communities Development Authority entered into an agreement to acquire 1818 Platinum Triangle in Orange County, California from UDR, Inc. (NYSE:UDR) for approximately $120 million subsequent to second quarter of 2021. Waterford Property Company, LLC and California Statewide Communities Development Authority completed the acquisition of 1818 Platinum Triangle in Orange County, California from UDR, Inc. (NYSE:UDR) for approximately $130 million on October 20, 2021. The Anaheim City Council voted 7 to 0 during its September 28 city council meeting to approve the acquisition. Joseph Smolen, Geoff Boler and Lee Redmond of Eastdil Secured, L.L.C. represented Waterford Property, California Statewide Communities Development Authority and UDR, Inc.