UDR Declares Quarterly Dividend

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 2014 in the amount of $0.26 per share, payable in cash, on February 2, 2015 to UDR common stock shareholders of record as of January 12, 2015. The February 2nd dividend will be the 169th consecutive quarterly dividend paid by the Company on its common stock.

UDR also announced that its Board of Directors declared a regular quarterly dividend on its Series E preferred stock for the fourth quarter of 2014 in the amount of $0.3322 per share. The preferred dividend is payable on February 2, 2015 to Series E preferred stock shareholders of record as of January 12, 2015.

About UDR, Inc.

UDR, Inc. (NYSE:UDR), an S&P 400 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of September 30, 2014, UDR owned or had an ownership position in 51,699 apartment homes including 1,431 homes under development. For 42 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates. Additional information can be found on the Company's website at www.udr.com.