UDR, Inc.

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UDR Inc. (formerly United Dominion Realty) is a publicly traded real estate investment trust that invests in apartments. The company is organized in Maryland with its headquarters in Highlands Ranch, Colorado. As of December 31, 2020, the company owned interests in 149 apartment communities containing 48,283 apartment units.[1]

UDR, Inc.
Company typePublic company
NYSEUDR
S&P 500 component
IndustryReal estate investment trust
Founded1972; 52 years ago (1972)
HeadquartersHighlands Ranch, Colorado
Key people
Thomas W. Toomey, Chairman, CEO & President
Joseph D. Fisher CFO
ProductsApartments
RevenueIncrease $1.241 billion (2020)
Decrease $60 million (2020)
Total assetsIncrease $9.637 billion (2020)
Total equityDecrease $3.234 billion (2020)
Number of employees
1,271 (2020)
Websitewww.udr.com
Footnotes / references
[1]

It is the 19th largest owner of apartments in the United States and the 30th largest apartment property manager in the United States.[2]

History

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The company was founded in Highlands Ranch, Colorado in 1972.[1] It became a public company via an initial public offering in January 1978.[citation needed] It was added to the S&P 500 in March 2016.[3]

References

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  1. ^ a b c "UDR Inc. 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "NMHC Top 50". National Multifamily Housing Council.
  3. ^ "UDR Set to Join the S&P 500; Healthcare Realty Trust to Join S&P MidCap 400; Proto Labs to Join S&P SmallCap 600" (Press release). PR Newswire. March 3, 2016.
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