UDR, Inc.

UDR, Inc. (NYSE: UDR) operates as a self-administered real estate investment trust focused on owning, operating, acquiring, renovating, developing, and managing multifamily apartment communities across the United States. The company maintains its corporate offices and can be found at www.udr.com.

As of December 31, 2025, UDR's consolidated real estate portfolio comprises 165 communities containing 55,240 completed apartment homes located across 21 markets throughout the country. The company additionally holds ownership interests in 12,167 completed or to-be-completed apartment homes through unconsolidated joint ventures and partnerships, including 6,766 homes owned through preferred equity investments. UDR operates through two reportable segments: Same-Store Communities, representing stabilized properties acquired or developed prior to January 1, 2024, and Non-Mature Communities/Other, encompassing recently acquired, developed, or redeveloped properties. Same-Store Communities provided 95.0% of total net operating income for the year ended December 31, 2025.

The company employs approximately 1,420 full-time associates and six part-time associates, with 1,034 focused on community-level operations and the remainder supporting corporate functions. UDR's portfolio demonstrates geographic diversification with approximately 74.5% of net operating income concentrated in eight major metropolitan areas including Metropolitan D.C., Boston, Orange County, San Francisco Bay Area, Dallas, New York, Seattle, and Tampa. The portfolio composition reflects a mix of approximately 32% urban and 68% suburban communities, with 44% classified as A-quality properties and 56% as B-quality properties.

UDR has maintained its REIT status since 1972, requiring the company to distribute at least 90% of taxable income to stockholders annually. The company utilizes a taxable REIT subsidiary to conduct activities prohibited for REITs, including third-party management services. UDR's capital structure incorporates both secured and unsecured debt markets, with a maturity schedule designed to enable opportunistic financing. The company's strategic vision centers on maintaining a diversified portfolio, preserving balance sheet strength, driving operational excellence through technology investments, and fostering a strong corporate culture focused on resident satisfaction.