UDR - UDR: Less Risky But Fairly Valued
2024-07-16 00:32:17 ET
Summary
- UDR is a REIT that owns and manages multi-family apartment communities, primarily in the West Coast and Northeast markets.
- The portfolio is well-diversified, leverage is low, and liquidity is high, but the shares are fairly valued.
- The short-term outlook for the REIT is good, but there may be better vehicles to take advantage of it.
UDR, Inc. ( UDR ), incorporated in 1972 and headquartered in Highlands Ranch, Colorado, is a self-administered REIT that owns and manages multi-family apartment communities primarily in West-coast and Northeast markets....
UDR: Less Risky, But Fairly Valued