DENVER--(BUSINESS WIRE)--
UDR,
Inc. (the "Company") (NYSE: UDR), a leading multifamily real estate
investment trust, today announced that Tom Herzog will join the Company
as Chief Financial Officer (“CFO”) and Senior Vice President effective
January 1, 2013.
“Tom is a talented real estate executive with an extensive history in
the public REIT space and we are excited that he will be joining us as
our Chief Financial Officer,” said Tom Toomey, President and Chief
Executive Officer of UDR. Mr. Toomey continued, “Tom is well known in
the apartment industry and brings an analytical and strategic skill set
that will benefit UDR greatly over the coming years.”
Prior to accepting the CFO position at UDR, Mr. Herzog served as CFO at
Amstar, a Denver-based real estate investment company. Mr. Herzog’s
experience in the public REIT sector includes serving as CFO for two S&P
500 companies, HCP, Inc. (2009-2011) and AIMCO (2005-2009). At these
REITs, Mr. Herzog helped to guide investment strategy and was
responsible for sizeable segments of their respective businesses. Prior
to his CFO experience, Mr. Herzog held the position of Chief Accounting
Officer at AIMCO (2004-2005), served as an executive with GE Real Estate
for four years, and prior to this, served in multiple capacities at the
accounting firm Deloitte & Touche for 10 years.
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 September 30, 2012, UDR owned or had an ownership
position in 54,985 apartment homes including 2,441 homes under
development. For 40 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
UDR, Inc.
Chris Van Ens, 720-348-7762
cvanens@udr.com
Source: UDR, Inc.