UDR: Rental Market Softening Justifies Recent Underperformance

Core Viewpoint - UDR, Inc. (NYSE: UDR) has shown moderate performance over the past year, with a 6% gain, attributed to its focus on legacy markets with lower supply, allowing it to navigate sector turbulence effectively [1] Company Performance - UDR's shares have not fully recovered despite the moderate gain, indicating potential challenges ahead [1] Market Context - The apartment REIT sector has faced turbulence, but UDR's strategy of focusing on legacy markets has provided some resilience [1]