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), a leading multifamily real estate investment trust, has been recognized as a 2025 Top Workplace by USA Today and Energage for the second consecutive year. The company also received 2024 Culture Excellence Awards in Employee Appreciation and Professional Development.
The recognition is based on anonymous, third-party surveys measuring workplace culture aspects including alignment, execution, and engagement. UDR's Chairman and CEO Tom Toomey highlighted the achievement as a reflection of their commitment to fostering an innovative and adaptive culture.
As of December 31, 2024, UDR owned or had ownership positions in 60,120 apartment homes. With a 52-year track record, the S&P 500 company focuses on delivering superior returns through managing, buying, selling, developing, and redeveloping real estate properties in targeted U.S. markets.
UDR (NYSE: UDR), a leading multifamily real estate investment trust, has declared its quarterly dividends for Q1 2025. The company announced a regular quarterly dividend of $0.43 per share on common stock, payable on April 30, 2025, to shareholders of record as of April 10, 2025.
This marks UDR's 210th consecutive quarterly dividend. The company's annualized common dividend for 2025 is set at $1.72 per share, representing a 1.2% increase from $1.70 per share in 2024. Additionally, UDR declared a quarterly dividend of $0.4656 per share on its Series E preferred stock, also payable on April 30, 2025.
UDR, an S&P 500 company, currently owns or has ownership positions in 60,120 apartment homes and has been delivering value to shareholders for over 52 years.
UDR Inc (NYSE: UDR), an S&P 500 multifamily real estate investment trust, has announced its participation in the 2025 Citi Global Property CEO Conference. The event will feature Chairman and CEO Thomas W. Toomey and the UDR Executive Team hosting a roundtable discussion on Tuesday, March 4, 2025, at 11:40 a.m. Eastern Time in Hollywood, Florida.
The discussion will be accessible via webcast through the company's website and a dedicated link, with a replay available for 30 days. Conference materials will be posted in the Investor Relations section under 'Presentations & Webcasts'.
As of December 31, 2024, UDR owned or held ownership positions in 60,120 apartment homes. The company has maintained a 52-year track record of delivering shareholder value, resident service, and associate experience in targeted U.S. markets.
UDR announced its Q4 and full-year 2024 results, showing mixed performance. Q4 Net Income per share declined 120% YOY to $(0.02), while FFO decreased 21% to $0.48. Same-Store NOI grew 2.1% YOY in Q4, with revenue up 2.5% and expenses increasing 3.4%.
For full-year 2024, Net Income per share fell 81% to $0.26, while FFOA showed a modest 1% increase to $2.48. The company recorded a non-cash loan reserve of $37.3 million related to its 1300 Fairmount investment.
Post quarter-end, UDR completed the sales of two properties: Leonard Pointe for $127.5 million and One William for $84.0 million. The company established its 2025 guidance with FFOA projected at $2.45-$2.55 per share and Same-Store NOI growth of 0.50%-3.00%. The Board announced a 1.2% increase in the annual dividend to $1.72 per share for 2025.
Funnel, an AI-powered multifamily CRM provider, announced a partnership with UDR (NYSE: UDR), the 14th-largest multifamily owner-operator in the United States. UDR will implement Funnel's complete product suite across its nearly 60,000-unit national portfolio, including renter-centric® CRM, AI solution, fraud prevention, ResApp, and syndication services.
As an early pioneer in multifamily centralization, UDR is transitioning to Funnel's unified, omnichannel communication platform to streamline operations and enhance efficiency. The partnership aims to simplify team member workflows through transparent communication routing and AI-assisted task management for activities like tour scheduling, application screening, and inquiry handling.
Funnel currently serves 9 of the top 25 NMHC owners and operators, and UDR becomes the 4th of 6 largest REITs to adopt their technology solutions.
UDR, a leading multifamily real estate investment trust, has released its 2024 tax distribution report for shareholders. The company paid quarterly distributions totaling $1.695 per common share and $1.835400 per Series E preferred share throughout 2024. The distributions were split across different tax categories, including ordinary dividends, qualified dividends, capital gain distributions, and section 199A dividends.
For common shares, out of the total $1.695 distribution, $1.593551 was classified as ordinary dividends, with $0.101449 as capital gain distributions. For Series E preferred shares, from the total $1.835400, $1.725551 was ordinary dividends, with $0.109849 as capital gain distributions.
Shareholders will receive IRS Form 1099-DIV from EQ Shareowner Services detailing these distributions. As of September 30, 2024, UDR owned or had ownership positions in 60,123 apartment homes.
UDR, a leading S&P 500 multifamily real estate investment trust, has announced the release of its fourth quarter and full-year 2024 financial results, scheduled for February 5, 2025 after market close. The company will host a conference call on February 6, 2025 at 12:00 p.m. Eastern Time.
The conference call will be open to the public, with a Q&A session to registered financial analysts. Other participants will have listen-only access. UDR owns or has ownership positions in 60,123 apartment homes as of September 30, 2024, and has been delivering value to shareholders for over 52 years.
UDR Inc. (NYSE: UDR) announced preliminary Q4 2024 financial results. The company expects Funds From Operations as Adjusted (FFOA) per diluted share of $0.63 for Q4 2024 and $2.48 for full-year 2024, aligning with previous guidance.
Same-Store performance showed revenue growth of 2.5% in Q4 2024, with Net Operating Income (NOI) increasing by 2.1%. Physical occupancy improved to 96.8% in Q4 from 96.3% in Q3, though blended lease rate growth declined to -0.6%.
In investment activity, UDR entered agreements to sell two properties: Leonard Pointe for $127.5M and One William for $84.0M, with closings expected in Q1 2025. The company received a $38.5M paydown on its Upton Place investment and expects to record a non-cash loan reserve of approximately $37M related to its 1300 Fairmount investment.
UDR Inc. (NYSE: UDR), a leading multifamily real estate investment trust, has announced key executive management changes effective January 1, 2025. Mike Lacy, who has been with the company since 2006, has been promoted to Chief Operating Officer (COO) from his current position as Senior Vice President – Operations. Additionally, Joe Fisher has been appointed Chief Investment Officer (CIO) while maintaining his role as President and CFO.
The company will initiate an executive search for a new Chief Financial Officer, after which Fisher will continue as President and CIO. UDR currently owns or has ownership positions in 60,123 apartment homes and has a 52-year track record of delivering value to shareholders.
UDR, a leading S&P 500 multifamily real estate investment trust, has declared its 209th consecutive quarterly dividend. The company announced a Q4 2024 common stock dividend of $0.425 per share, payable on January 31, 2025, to shareholders of record as of January 9, 2025. Additionally, UDR declared a quarterly dividend on Series E preferred stock of $0.4602 per share with the same payment and record dates.
As of September 30, 2024, UDR owned or had ownership positions in 60,123 apartment homes across targeted U.S. markets, maintaining a 52-year track record of delivering value to shareholders.
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