RICHMOND, Va.--(BUSINESS WIRE)--
UDR, Inc. (NYSE: UDR) today announced that Thomas W. Toomey,
President and Chief Executive Officer, will present at the NAREIT
Investor Forum in New York City on Tuesday, June 5, 2007.
The event will be held at the Waldorf Astoria Hotel, 301 Park
Avenue, New York, New York. Mr. Toomey's session will be in the Duke
of Windsor Room at 9:30 AM, Eastern Time, on June 5, 2007. For those
unable to attend in person, the discussion will be web cast and may be
accessed live from the investor relations section of UDR's web site at
www.udr.com and at www.industrystream.net/NAREIT/tuesday/udr.html. A
replay of the presentation will be available from the same site
following the event.
About UDR, Inc.
UDR, Inc. (NYSE:UDR) is a leading multi-family real estate
investment trust (REIT) with a demonstrated performance history of
delivering superior and dependable returns by successfully managing,
buying, selling, developing and redeveloping attractive real estate
properties in targeted U.S. markets. As of March 31, 2007, UDR owned
70,325 apartment homes and had 872 homes under development and another
1,109 homes under contract for development in its pre-sale program.
For over 30 years, UDR has delivered long-term value to shareholders,
the best standard of service to residents, and the highest quality
experience for associates. An S&P 400 company, UDR is the fourth
largest apartment REIT in the nation. Additional information can be
found on the Company's website at www.udr.com.
Statements contained in this press release, which are not
historical facts, are forward-looking statements, as the term is
defined in the Private Securities Litigation Reform Act of 1995. You
can identify these forward-looking statements by the Company's use of
words such as, "expects," "plans," "estimates," "projects," "intends,"
"believes," and similar expressions that do not relate to historical
matters. Such forward-looking statements are subject to risks and
uncertainties which can cause actual results to differ materially from
those currently anticipated, due to a number of factors, which
include, but are not limited to, unfavorable changes in the apartment
market, changing economic conditions, the impact of competition and
competitive pricing, acquisitions or new developments not achieving
anticipated results, delays in completing developments and lease-ups
on schedule, expectations on job growth, home affordability and
demand/supply ratio for multi-family housing, expectations concerning
redevelopment activities, expectations on occupancy levels,
expectations concerning the Texas joint venture, expectations that
automation will help grow net operating income, expectations on
post-renovated stabilized annual operating income, exceptions on
annualized net operating income, and other risk factors discussed in
documents filed by the Company with the Securities and Exchange
Commission from time to time including the Company's Annual Report on
Form 10-K and the Company's Quarterly Reports on Form 10-Q. All
forward-looking statements in this press release are made as of today,
based upon information known to management as of the date hereof. The
Company assumes no obligation to update or revise any of its
forward-looking statements even if experience or future changes show
that indicated results or events will not be realized.
Source: UDR, Inc.
Contact: UDR, Inc.
Larry Thede, 720-283-2450
ir@udr.com
www.udr.com