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0:00 / 0:00I. Business Overview and Strategy
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UDR's Net Income Surges 432% to $439.5M Amid Strategic Acquisitions

UDR10-KFiling Date: 2/20/2024
UDR, Inc.
Description

What this story covers

UDR, Inc.'s 2023 10-K reveals robust performance: net income up 432% to 439 point 5 million dollars, NOI growth of 7.1% to 1 point 11 billion dollars, and strategic sunbelt acquisitions for 354 point 6 million dollars. Portfolio occupancy at 96.2%, low leverage at 3.4% rate, despite inflation and rate risks. Focus on high-growth markets drives AFFO up 7.2% to 783 point 8 million dollars, supporting dividends.

Story snapshot

CompanyUDR, Inc.
TickerUDR
VariantStandard detailed
Duration13:52
Filing type10-K
PeriodAnnual 2023
IndustryReal Estate & Construction
Accession0000074208-24-000011

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