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UDR is one of America's largest apartment landlords — it owns and runs around 60,000 Class A rental homes concentrated in expensive coastal cities like New York, Washington DC, Boston, San Francisco and Seattle, with a growing Sun Belt presence. It collects rent from tens of thousands of households, runs the buildings itself, and pays the income out as a monthly dividend (it was the first REIT to switch to monthly payouts).

What UDR, Inc. really sells

UDR is one of America's largest apartment landlords — it owns and runs around 60,000 Class A rental homes concentrated in expensive coastal cities like New York, Washington DC, Boston, San Francisco and Seattle, with a growing Sun Belt presence. It collects rent from tens of thousands of households, runs the buildings itself, and pays the income out as a monthly dividend (it was the first REIT to switch to monthly payouts).

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