Welcome to our dedicated page for Udr news (Ticker: UDR), a resource for investors and traders seeking the latest updates and insights on Udr stock.
UDR, Inc. (NYSE: UDR) is a multifamily real estate investment trust whose news flow centers on apartment portfolio performance, capital allocation decisions, governance developments, and corporate responsibility initiatives. As an S&P 500 multifamily REIT, the company regularly issues updates on its financial results, Same-Store operating metrics, and regional performance across markets such as the West, Mid-Atlantic, Northeast, Southeast, Southwest, and Other Markets.
On this page, readers can follow UDR news related to quarterly earnings releases, including disclosures of net income, funds from operations (FFO), FFO as adjusted (FFOA), Same-Store revenue and expense trends, and occupancy levels. These updates often include commentary on regional NOI performance and the factors influencing revenue growth and expense patterns in UDR’s apartment communities.
UDR’s news also highlights capital markets and investment activity, such as preferred equity investments in stabilized apartment communities, joint venture expansions with institutional partners like LaSalle Investment Management, and actions involving senior unsecured term loans, interest rate swaps, and share repurchases. Dividend declarations on common and preferred stock, including the long-running sequence of quarterly common dividends, are a recurring feature of the company’s announcements.
Governance and leadership developments appear frequently in UDR’s news releases, including the appointment of independent directors to the Board of Directors, changes in senior executive roles, and the company’s approach to board succession and committee assignments. In addition, UDR reports on its Corporate Responsibility Report and related ESG achievements, such as emissions intensity reductions, renewable energy procurement, sustainability certifications, workplace recognition, and enhancements to incentive compensation and governance practices.
Investors, analysts, and other interested readers can use UDR’s news stream to monitor how the company manages its multifamily portfolio, approaches capital allocation, and addresses environmental, social, and governance priorities over time.
UDR, Inc. (NYSE: UDR) declared a quarterly dividend of $0.3625 per share on common stock, payable on January 31, 2022 to shareholders of record as of January 10, 2022. This marks the 197th consecutive quarterly dividend paid by UDR. Additionally, a dividend of $0.3925 per share was announced for its Series E preferred stock, also payable on January 31, 2022. As of September 30, 2021, UDR owned or had an ownership stake in 56,325 apartment homes, including 1,417 homes under development.
Summary not available.
UDR reported strong third quarter 2021 results with net income of $16.7 million, or $0.06 per share, significantly up from a net loss of $(26.3) million in Q3 2020. FFO per diluted share reached $0.55, up 31% from $0.42 YOY. Same-store NOI increased by 6.3%, while occupancy remained high at 97.5%. The company raised full-year guidance for net income and FFO based on strong performance and recent acquisitions totaling $619.9 million. UDR also achieved recognition as the top ESG performer in the 2021 GRESB survey.
Summary not available.
UDR, Inc. (NYSE: UDR) announced it will release its Q3 2021 financial results on October 26, 2021, after market closure. A conference call to discuss the results will be held the following day, October 27, 2021, at 11:00 a.m. ET. The call will include a review of the financial performance and a Q&A session for registered analysts. UDR currently owns or has an ownership stake in 54,667 apartment homes, with 1,417 homes under development. Interested participants can access the call via the company website.
UDR, Inc. (NYSE: UDR) has declared a regular quarterly dividend of $0.3625 per share for Q3 2021, payable on November 1, 2021. This marks the 196th consecutive quarterly dividend paid by the company. Furthermore, a dividend of $0.3925 per share on its Series E preferred stock will also be paid on the same date. UDR continues to maintain a strong performance history in the multifamily real estate sector, owning or having interests in over 54,667 apartment homes as of June 30, 2021.
UDR, Inc. has priced an offering of $200 million in senior unsecured notes due 2031, at a price of 106.388% of the principal amount. This offering will consolidate with an existing $400 million issuance, bringing the total to $600 million in notes. The interest rate is set at 3.000% with semiannual payments starting on February 15, 2022. Proceeds will fund acquisitions, development, and repayment of debt. The settlement is expected by September 24, 2021.
UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, will participate in the Bank of America Securities 2021 Global Real Estate Conference from September 21-23, 2021. The Company's Executive Team will host a roundtable discussion on September 22, 2021, at 12:00 p.m. Eastern Time. This discussion will be available as a webcast on the Company's website and will be accessible for 30 days following the event. UDR owns or has an ownership position in 54,667 apartment homes as of June 30, 2021, showcasing its strong performance in real estate investments.
UDR celebrates nearly two years of collaboration with Rhino, enhancing the rental experience through security deposit insurance. Initiated in 2019, this partnership aims to alleviate financial stress for renters, particularly during the COVID-19 pandemic. Rhino's service allows renters to substitute large cash deposits with a low monthly fee, reducing administrative burdens for UDR. As of June 30, 2021, UDR manages approximately 55,000 units, leveraging Rhino's offerings to widen the pool of prospective residents while increasing operational efficiency.
UDR announced the appointment of Kevin C. Nickelberry to its Board of Directors, effective September 10, 2021. This expands the Board to 10 members. Nickelberry, a senior executive with over 25 years of experience in private equity and corporate governance, is expected to enhance UDR's strategic goals with his expertise. He previously held senior roles at GCM Grosvenor and Investcorp International. UDR, a leading multifamily real estate investment trust, manages over 54,667 apartment homes.