DENVER--(BUSINESS WIRE)-- UDR, Inc. (the "Company") (NYSE: UDR), a leading multifamily real estate investment trust, today announced that it has completed the acquisition of 95 Wall, formerly known as Dwell95, a 507-home luxury apartment community located in New York City’s Financial District. The seller was The Moinian Group, one of the industry’s most active residential developers and owners.

For additional details on the transaction, please refer to the August 8, 2011 press release available at www.udr.com.

About UDR, Inc.

UDR, Inc. (NYSE:UDR), an S&P 400 company, is a leading multifamily real estate investment trust 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 June 30, 2011, UDR owned or had an ownership position in 60,456 apartment homes including 2,009 homes under development. For over 39 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.

Source: UDR, Inc.

UDR, Inc.

H. Andrew Cantor, 720-283-6083

acantor@udr.com