Core Viewpoint - Morgan Stanley has made significant rating adjustments for nine popular investment targets in the REITs and real estate services sector, with seven downgrades and two upgrades, reflecting a more stratified rating distribution as the U.S. economy approaches a soft landing and the Federal Reserve's interest rate cut cycle is expected to continue [1][2]. Group 1: Downgraded Companies - Realty Income (O.US) rating downgraded from "Neutral" to "Underweight" due to its large scale making it difficult to achieve above-average profit growth compared to its net lease REIT peers [3]. - Public Storage (PSA.US) rating downgraded from "Overweight" to "Neutral" as expectations for PSA's core growth rate improvement are likely to be prolonged and not linear [3]. - Welltower (WELL.US) rating downgraded from "Overweight" to "Neutral" based on a short-term stock price judgment rather than any deterioration in growth prospects [3]. - Regency Centers (REG.US) rating downgraded from "Overweight" to "Neutral," which is also a temporary stock trend judgment, as REG is still considered to have one of the best platforms in the REIT sector with optimistic long-term growth prospects [3]. - Kennedy Wilson (KW.US) rating downgraded from "Neutral" to "Underweight" due to limited upside potential from a pending privatization offer [4]. - UDR (UDR.US) rating downgraded from "Neutral" to "Underweight" [4]. - SmartStop (SMA.US) rating downgraded from "Overweight" to "Neutral" [4]. Group 2: Upgraded Companies - Federal Realty Investment Trust (FRT.US) rating upgraded from "Neutral" to "Overweight" as the company effectively recycles capital from mature assets into higher-quality retail assets, improving growth visibility for 2026 [5]. - Camden Property Trust (CPT.US) rating upgraded from "Underweight" to "Neutral" due to its stronger balance sheet providing greater flexibility for buybacks and development in 2026, significantly improving relative risk-reward [5].

DENVER--(BUSINESS WIRE)--UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the fourth quarter of 2025 in the amount of $0.43 per share, payable in cash on February 2, 2026 to UDR common stock shareholders of record as of January 12, 2026. The February 2, 2026 dividend will be the 213th consecutive quarterly dividend paid by the Company on its common stock. UDR also. ...

DENVER--(BUSINESS WIRE)--UDR, Inc. (the "Company†) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that it has closed a $230 million expansion of its joint venture with LaSalle Investment Management (the "Partner†), increasing the size of the joint venture to approximately $850 million. Under the terms of the transaction, UDR will: Contribute four additional apartment communities totaling 974 apartment homes, increasing the size of the venture to a total of 2,56. ...

CHICAGO, Dec. 18, 2025 /PRNewswire/ -- LaSalle Investment Management ("LaSalle") announced today that it has closed on a $230 million expansion of its joint venture with UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust. This transaction increases the total size of the joint venture to approximately $850 million. The expansion adds four apartment communities totaling 974 homes to the joint venture's portfolio, which now comprises 2,564 homes. The newly contributed properties are loc ...

Core Viewpoint - UDR, Inc. is a large-cap multifamily residential REIT with a market cap of $11.7 billion, focusing on high-quality apartment homes in major U.S. metropolitan areas [1][2] Company Overview - UDR owns, operates, acquires, develops, and redevelops apartment communities, emphasizing urban and suburban locations [1] - The company benefits from its scale and operational efficiency, which supports disciplined capital allocation and cost control [2] Financial Performance - In Q3, UDR reported FFO per share of $0.65, a 4.8% year-over-year increase, exceeding analyst expectations of $0.63 [5] - Total revenue for Q3 was $431.9 million, up 2.8% from the previous year, driven by higher revenue from same-store communities and completed developments [5] - Rental income reached $429.3 million, a 2.7% increase year-over-year, but slightly missed consensus estimates [5] Stock Performance - UDR's shares have declined 23.5% from their 52-week high of $46.47, reached on March 4 [3] - Over the past three months, UDR shares fell 7.4%, underperforming the iShares Residential and Multisector Real Estate ETF's (REZ) 2.2% drop [3] - Year-to-date, UDR shares are down 18.2%, compared to REZ's 2.5% return [4] Market Position - UDR has outperformed its competitor AvalonBay Communities, Inc. (AVB), which saw a 22.4% decline over the past 52 weeks and a 19.6% drop year-to-date [6]

Core Insights - The article discusses the investment strategies focused on growth stocks and Real Estate Investment Trusts (REITs) for retirement planning [1] Group 1: Investment Focus - The emphasis is on real income-producing asset classes that provide reliable income, diversification, and inflation hedging opportunities [1] Group 2: Analyst Contributions - Philip Eric Jones is identified as a contributor to the investing group iREIT®+HOYA Capital, which features a team of analysts dedicated to the aforementioned asset classes [1]

Core Viewpoint - UDR, Inc. has experienced a significant decline in share value, losing over 20% in the past year due to weak rental conditions affecting the apartment REIT sector [1] Company Performance - UDR, Inc. shares have underperformed, reflecting broader challenges within the apartment REIT sector [1] Industry Conditions - The apartment REIT sector is facing surprisingly weak rental conditions this year, contributing to the struggles of companies like UDR, Inc. [1]

Group 1 - UDR, Inc. has experienced a decline of over 20% in its share value over the past year [1] - The apartment REIT is facing challenges due to unexpectedly weak rental conditions, which have affected the entire sector [1]

Core Insights - Current market conditions suggest it is a favorable time to invest in Real Estate Investment Trusts (REITs) due to stable core and headline inflation rates at 3.0% [1] - A significant majority, 75% of investors, anticipate a decrease in the Fed Funds rate, which could further enhance the attractiveness of REIT investments [1] Investment Focus - The article emphasizes the importance of investing in income-producing asset classes, particularly REITs, which provide reliable income, diversification, and act as a hedge against inflation [1]

Core Insights - UDR reported better than expected same-store revenue growth of 2.6%, but faced slowed leasing conditions in Q3 2025 [1] - The apartment industry is experiencing a deceleration in rent growth due to various economic factors, including employment uncertainty and high levels of new housing supply [2] - UDR's Sun Belt market is lagging behind coastal markets due to increased new housing supply and economic uncertainty [3] Financial Performance - Year-over-year, UDR's expenses increased by 3.1% and net operating income (NOI) grew by 2.3% in Q3 [1] - Occupancy rates were strong at 96.6%, up 30 basis points from the previous year, while other income remained steady at 8.5% [6] - Same-store expenses increased by 3.1% year-over-year, attributed to real estate tax relief and insurance savings [6] Market Outlook - UDR forecasts flat same-store revenue earnings for 2026, which is below historic averages [3] - Despite challenging leasing conditions, UDR anticipates benefits from America's housing shortage and decreasing new supply across most markets [4] - The company experienced a nearly 300 basis point reduction in resident turnover, which helped unlock revenue and expense benefits [5]