Form 10-Q · Quarterly report
UDR, Inc. 10-Q, filed Nov 3, 2026
- Filed
- CIK
- 0000074208
- Accession no.
- 0000074208-26-000087
Summary
UDR, Inc.'s consolidated real estate portfolio included 162 communities in 12 states plus the District of Columbia totaling 54,222 apartment homes at September 30, 2026, with same-store occupancy of 96.6% and average monthly income per occupied home of $2,682. The REIT formed an Apollo joint venture in October 2026 that provided about $1.34 billion in cash proceeds and repurchased an additional 5.2 million shares for about $185.1 million through the end of October 2026.
Key points
- UDR's consolidated real estate portfolio included 162 communities in 12 states plus the District of Columbia totaling 54,222 apartment homes at September 30, 2026.
- Same-store occupancy averaged 96.6% and monthly income per occupied home averaged $2,682 for the three months ended September 30, 2026.
- UDR repurchased 8.2 million shares for about $300.3 million in the nine months ended September 30, 2026, and an additional 5.2 million shares for about $185.1 million through the end of October 2026.
- As of September 30, 2026, UDR had issued $700.0 million of commercial paper at a weighted average annualized rate of 4.15%, leaving no unused capacity.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. MANAGEMENT’S DISCUSSION Business Overview We are a self-administered real estate investment trust, or REIT, that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. We were formed in 1972 as a Virginia corporation. In June 2003, we changed our state of incorporation from Virginia to Maryland. Our subsidiaries include the Operating Partnership. At September 30, 2026, our consolidated real estate portfolio included 162 communities in 12 states plus the District of Columbia totaling 54,222 apartment homes. …
An excerpt of the text as filed with the SEC, cut for length.
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