Financial PerformanceUDR delivered a 3Q25 beat on operating margin outperformance, and raised 2025 FFOAps guidance above consensus, supported by better operating expenses and lower G&A.
Leadership ContinuityChairman and CEO Tom Toomey will re-assume the role of President and continue to run UDR, which he has since 2001, with a leadership track record that has not been in doubt.
Occupancy RatesOccupancy increased +30bps y/y to 96.6% with San Francisco seeing outsized growth, +150bps to 97.6%.