This article needs additional citations for verification .(September 2021) |
Type | Public company |
---|---|
NYSE: UDR S&P 500 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 | $1.241 billion (2020) |
$60 million (2020) | |
Total assets | $9.637 billion (2020) |
Total equity | $3.234 billion (2020) |
Number of employees | 1,271 (2020) |
Website | www |
Footnotes /references [1] |
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, 2020, the company owned interests in 149 apartment communities containing 48,283 apartment units. [1]
It is the 19th largest owner of apartments in the United States and the 30th largest apartment property manager in the United States. [2]
The company was founded in Highlands Ranch, Colorado in 1972. [1] It became a public company via an initial public offering in January 1978.[ citation needed ] It was added to the S&P 500 in March 2016. [3]
Highlands Ranch is an unincorporated community and a census-designated place (CDP) located in and governed by Douglas County, Colorado, United States. The CDP is a part of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area. The population of the Highlands Ranch CDP was 105,631 at the United States Census 2020, making it the most populous unincorporated community in the State of Colorado. The Highlands Ranch Metropolitan District provides services to the community, which lies in ZIP Codes 80126, 80129, 80130, and 80163.
Aimco or Apartment Investment and Management Company is a publicly traded real estate investment trust. As of December 31, 2022, the company owned 26 apartment communities comprising 5,940 apartment units in the United States.
Forest City Realty Trust, Inc., formerly Forest City Enterprises, was a real estate investment trust that invested in office buildings, shopping centers and apartments in Boston, Chicago, Dallas, Denver, Los Angeles, Philadelphia, and the greater metropolitan areas of New York City, San Francisco and Washington, D.C. The company was organized in Maryland with its headquarters in Cleveland, Ohio. As of December 31, 2017, the company owned 29 office buildings, 29 shopping centers, and 78 apartment complexes. On December 7, 2018, the company was acquired by Brookfield Asset Management.
Realty Income Corporation is a real estate investment trust that invests in free-standing, single-tenant commercial properties in the United States, Spain and the United Kingdom that are subject to NNN Leases. The company is organized in Maryland with its headquarters in San Diego, California.
Equity Residential is a publicly traded real estate investment trust that invests in apartments.
Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56 million square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District.
Post Properties, Inc. was a publicly traded real estate investment trust headquartered in Atlanta, Georgia that invested in apartments. As of December 31, 2015, the company owned interests in 24,162 apartment units in 61 communities. In 2016, the company was acquired by Mid-America Apartment Communities.
MyNewPlace is an apartment listing websites in the United States. MyNewPlace is headquartered in San Francisco in the SoMa neighborhood, but is owned by RealPage based out of Carrollton, Texas.
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.
InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2022, the company owned interests in 62 properties comprising 10.3 million square feet.
Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments, primarily on the West Coast of the United States.
Mid-America Apartment Communities (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.
Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana that invested in industrial warehouses. As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. In October 2022, it was acquired by Prologis.
John W. Springer was an attorney and banker in Illinois, Texas, and Colorado. He was a clerk during the 50th United States Congress (1887–1889) and represented his district in the Illinois state legislature. He was active in business, politics, and society in Denver, Colorado. Springer had a 10,000 acre ranch and farm, which included the Highlands Ranch Mansion. The ranch became the suburb of Highlands Ranch, Colorado. His second wife, Isabel Patterson Springer, was the center of a scandal that resulted in the murder of two men at the Brown Palace Hotel.
Tricon Residential is a Canadian real estate company. The company invests in single-family rental and multi-family rental homes, and owns about 31,000 properties across the United States and Canada. As of February 2021, the company had about $8.2 billion of assets under management.