UDR
(UDR, Inc.)
People:
UDR NYC portfolio
$1.9 billion* – elevator 63%, condo 36%; Manhattan 100%, Bronx 0%
86th largest portfolio by dollar value
3,116,513 sqft – elevator 63%, condo 36%;
101th largest by SF
39 properties – Manhattan 100%, Bronx 0%
239th largest
2,655 residential units – Manhattan 100%, Bronx 0%
75th largest by residential units
0 foreclosures, 0 bankruptcies, 33 other court cases.
Company Activity past 24 months:
Seller company: 1 for $127.5 million
Top Ten Associated Companies:
Wells Fargo (4), Pacific Urban Investors (1)
Top Ten Associated People:
Robert H. Kennis (1), Arthur J. Cole (1)
Recent activity as company:
• UDR sold 88 Richardson Street, Williamsburg, Brooklyn for $127.5 million to Pacific Urban Investors on January 22, 2025.
• UDR borrowed $22.1 million from Wells Fargo for 801 Amsterdam Avenue, the Upper West Side, Manhattan on March 24, 2021.
• UDR borrowed $149.3 million from Wells Fargo for 808 Columbus Avenue, the Upper West Side, Manhattan on March 23, 2021.
• UDR borrowed $35.4 million from Wells Fargo for 795 Columbus Avenue, the Upper West Side, Manhattan on March 23, 2021.
• UDR borrowed $12.8 million from Wells Fargo for 805 Columbus Avenue, the Upper West Side, Manhattan on March 23, 2021.
Latest Stories:
• Pacific Urban Investors pays $127.5M to UDR for 188-unit rental in Williamsburg (January 23, 2025)
• UDR alleges it is owed $6.2M in unpaid retail condo fees (January 07, 2025)
• UDR borrows $22M from Wells Fargo for rentals on the Upper West Side (March 25, 2021)
• UDR borrows $197.5M from Wells Fargo for resi rentals in the Upper West Side (March 24, 2021)
Properties: