DENVER--(BUSINESS WIRE)--
UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment
trust (REIT), today announced that Thomas W. Toomey, President and Chief
Executive Officer, will present at the NAREIT Investor Forum in New York
City on Thursday, June 4, 2009.
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 Jade Room at
9:30 a.m., Eastern Time, on June 4, 2009. For those unable to attend in
person, the discussion may be accessed live from the investor relations
section of UDR's website at www.udr.com.
A replay of the presentation will be available from the same site
following the event.
About UDR, Inc.
UDR is a leading multifamily 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, 2009, UDR owned 44,571 apartment homes and had 2,046
homes under development and another 289 homes under contract for
development in its pre-sale program. For over 37 years, UDR has
delivered long-term value to shareholders, the best standard of service
to residents and the highest quality experience for associates.
Additional information can be found on the Company's website at www.udr.com.
Forward-Looking Statements
Certain statements made in this press release may constitute
"forward-looking statements." The words "expect," "intend," "believe,"
"anticipate," "likely," "will" and similar expressions generally
identify forward-looking statements. These 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
inflation/deflation on rental rates and property operating expenses,
expectations concerning availability of capital and the stabilization of
the capital markets, 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 multifamily housing, expectations concerning development and
redevelopment activities, expectations on occupancy levels, expectations
concerning the Vitruvian Park project, expectations that automation will
help grow net operating income, expectations on post-renovated
stabilized annual operating income, expectations 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. These forward-looking
statements and such risks, uncertainties and other factors speak only as
of the date of this press release, and the Company expressly disclaims
any obligation or undertaking to disseminate any updates or revisions to
any forward-looking statement contained herein, to reflect any change in
the Company's expectations with regard thereto, or any other change in
events, conditions or circumstances on which any such statement is
based, except to the extent otherwise required by law.
Source: UDR, Inc.
Contact: UDR, Inc.
David Messenger, 720-283-6120
ir@udr.com
www.udr.com