UDR Inc. Market Research Report

Company Overview

Name

• UDR, Inc.

Mission

• No information is available.

Founding

• UDR has been in operation for more than 50 years, though the exact founding date and founders are not specified.

Key People

• Bob McCullough — SVP, Development Department Head

• Deiadra Burns — VP, Construction East

• Brian Lake — Construction West

Headquarters

• No specific city is mentioned for the headquarters, but development offices are located in Boston, Dallas, Denver, and Washington DC.

Number of Employees

• No information is available.

Revenue

• No information is available.

Known For

• UDR, Inc. is known as one of the nation's largest publicly traded real estate investment trusts. The company focuses on owning, acquiring, developing, and responsibly managing apartment communities in desirable neighborhoods with growth potential.

Products

Product Offerings

• UDR provides high-quality apartment homes focused on distinctive living experiences. Their communities are located in desirable locations such as New York City, San Francisco's Mission Bay District, and other cities across the United States.

High-Level Description

• The company specializes in providing stylish living spaces with exceptional amenities, designed for both relocations and lifestyle changes. UDR apartments are known for their remarkable amenities, stylish finishes, premier resident services, and innovative technology offerings.

Key Features

• High-tech amenities including free Wi-Fi, high-speed internet, and smart home technology.

• Resident Portal for convenient management of rent, lease renewals, and maintenance requests.

• Digital keys for guests, smart locks, programmable thermostats, all managed through one app.

• Benefits for residents moving to new UDR communities.

• Partnership program for companies aiming to provide additional employee benefits.

• Offers elegant and sophisticated living spaces across the country.

• Available in select communities for convenient package retrieval.

• Fully furnished apartments with utilities, catering to the need for flexible living arrangements.

• Welcoming cat and dog apartments with special treats for pets.

• Focus on energy-efficient measures to create sustainable communities and reduce environmental impact.

Recent Developments

New Products Launched

• UDR continues to expand its portfolio through new luxury apartment developments in strategically advantageous locations such as:

• 399 Fremont in San Francisco, CA

• Vision on Wilshire in Los Angeles, CA

• The Residences at Pacific City in Huntington Beach, CA

• Other significant developments across various cities.

Recent and Upcoming Projects

• UDR's National Development Program has constructed 5,820 new units in seven states since 2006, amounting to a total development cost of $2.2 billion.

• Current and recent development projects include new communities in Tampa, FL, Addison, TX, Los Angeles, Boston, San Francisco, and more.

New Features

• Introduction of smart home technologies in their apartments.

Partnerships

• UDR has strategic partnerships aimed at fostering growth and development, though specific partnerships are not detailed.

Additional Notes

• The company fosters a blog named "A Part of Life," offering resources for luxurious apartment living and tips for moving, green living, and working from home.

• UDR is committed to protecting residents' data through privacy policies and preferences for managing data collection and use.