UDR, Inc. is a multi-family real estate investment trust (REIT). Also known as the United Dominion Realty Trust or United Dominion Residential Communities, the company was founded in 1972. With its headquarters in the Highlands Ranch, Colorado, UDR operates locally in the United States. It has offices throughout the US in Dallas, Boston, Newport Beach, and Washington.
As a leading multi-family REIT, the company buys, sells, develops, redevelops, and manages various US-based real estate communities. UDR has an ownership position in approximately 51,649 apartment homes as of September 2020. These include 1,031 homes under development. The company aims to deliver long-term value to shareholders and quality service standards to residents and associates. As of December 2021, UDR has 21 featured apartment locations, which include Austin, Baltimore, Dallas, Denver, San Diego, Seattle, and Silicon Valley.
UDR is an S&P 500 listed company with more than 48 years of experience. The company promotes sustainability by integrating environmentally friendly initiatives in its designs, developments, and overall operations. UDR earmarks developments in desirable areas with demonstratable job growths and those with a shortage of affordable single-family residences. The company trades under the UDR ticker on the NYSE.
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