Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
UDR Inc (UDR) is a real estate investment trust (REIT). It owns, operates, acquires, renovates, develops, redevelops and manages multifamily apartment communities. The company provides high-quality apartment homes with a range of amenities and services, including smart home technology and resident concierge services. Its property portfolio includes The Residences at Pacific City in Huntington Beach; 399 Fremont in San Francisco; Vitruvian West in Addison; Vision on Wilshire in Los Angeles; The Mo in Washington; 101 N. Meridian in Florida; and Cirrus in Denver. UDR is headquartered in Highlands Ranch, Colorado, the US.
Headquarters
United States of America
Address
Suite 820, 1745 Shea Center Drive, Highlands Ranch, Colorado, 21202
Website
www.udr.com
Telephone
1 720 2836120
No of Employees
1,420
Industry
Construction
Ticker Symbol & Exchange
UDR (NYSE)
Revenue (2024)
$1.7B
2.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-79.8%
(2024 vs 2023)
Market Cap*
$13.4B
Net Profit Margin (2023)
XYZ
-80.4%
(2024 vs 2023)
* As of and is in US$
UDR Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Ownership |
| Acquisition, Development and Redevelopment of Properties |
| Operation Management and Renovation of Multifamily Apartment Communities |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In June, the company closed a US$510 million joint venture with LaSalle Investment Management. |
| 2015 | Asset Disposal | UDR disposed 8 communities, comprising 1,755 homes located in Norfolk, Virginia; and Huntington Beach and Oxnard at California; Tampa, Florida and Baltimore, Maryland for $284 million. |
| 2015 | Acquisitions/Mergers/Takeovers | The company acquired six Washington, DC. |
Competitor Comparison
| Key Parameters | UDR Inc | Equity Residential | AvalonBay Communities Inc | Mid-America Apartment Communities Inc | Essex Property Trust Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Highlands Ranch | Chicago | Arlington | Germantown | San Mateo |
| State/Province | Colorado | Illinois | Virginia | Tennessee | California |
| No. of Employees | 1,420 | 2,400 | 3,011 | 2,507 | 1,689 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas W. Toomey | Chairman; President; Chief Executive Officer | Executive Board | 2025 | 65 |
| David D. Bragg | Senior Vice President; Chief Financial Officer | Senior Management | 2025 | 46 |
| Michael D. Lacy | Senior Vice President; Chief Operating Officer | Senior Management | 2025 | 43 |
| Tracy L. Hofmeister | Senior Vice President; Chief Accounting Officer | Senior Management | - | - |
| Joshua A. Gampp | Chief Technology Officer; Senior Vice President | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer