UDR, Inc.
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, 2019, the company owned interests in 148 apartment communities containing 47,010 apartment units.[1]
| Type | Public company |
|---|---|
| NYSE: UDR S&P 500 Index component | |
| Industry | Real estate investment trust |
| Founded | 1972 |
| Headquarters | Highlands Ranch, Colorado |
Key people | Thomas W. Toomey, Chairman, CEO & President Joseph D. Fisher CFO |
| Products | Apartments |
| Revenue |  $1.152 billion (2019) |
 $0.199 billion (2019) | |
| Total assets | $9.636 billion (2019) |
| Total equity | $3.358 billion (2019) |
Number of employees | 1,351 (2019) |
| Website | www |
| Footnotes / references [1] | |
It is the 20th largest owner of apartments in the United States[2] and the 29th largest apartment property manager in the United States.[3]
History
The company was founded in Highlands Ranch, Colorado in 1972.[1] It became a public company via an initial public offering in January 1978.[4] It was added to the S&P 500 Index in March 2016.[5]
References
- "UDR Inc. 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- "NMHC 50 Largest Apartment Owners". National Multifamily Housing Council.
- "NMHC 50 Largest Apartment Managers". National Multifamily Housing Council.
- "UDR". Crunchbase.
- "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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