UDR, Inc. (UDR), a prominent player in multifamily real estate, underwent several financial and operational changes. A series of sold shares have been reported with key firms such as
Cbre Investment Management and
Aew Capital Management. Despite the selling, there are also substantial investments in UDR from
Proficio Capital Partners,
Allianz Asset Management and
Charles Schwab Investment Management. An updated forecast from
Zacks Research has a pessimistic outlook for UDR's future earnings. In the executive sphere, UDR's
CFO has assumed additional responsibility as the Chief Investment Officer and CEO
Thomas W. Toomey sold around 25,000 shares of UDR stock. UDR has also purchased six properties in Texas for $402M and assumed ownership of a lease-up development in Oakland. With a multifamily tech upgrade in collaboration with
Funnel, UDR aims to further streamline apartment management across its portfolio of nearly 60,000 units. Despite Q4 2024 earnings not meeting estimates, the company has raised dividends and provided optimistic guidance for 2025.
Udr UDR News Analytics from Mon, 02 Dec 2019 08:00:00 GMT to Sat, 08 Mar 2025 10:04:16 GMT -
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