Valued at a market cap of $14.9 billion, UDR, Inc. (UDR) is a leading multifamily real estate investment trust (REIT). The Highlands Ranch, Colorado-based company, specializes in owning, managing, and developing apartment communities in high-demand markets across the United States.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and UDR fits this criterion perfectly. UDR is renowned for its strategic focus on high-barrier-to-entry markets, with its ownership of 60,124 apartment homes, including 311 under development, and its strategic investment in high-demand, low-affordability markets, positioning it as the 19th largest apartment owner in the U.S. as of March 31, 2024.
