Dec 4 (Reuters) - UDR Inc ::UDR ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK.SAYS OFFERING 7.15 MILLION COMMON SHARES.HAS PRICED PUBLIC OFFERING OF 7.15 MILLION SHARES OF COMMON STOCK FOR ESTIMATED PROCEEDS OF ABOUT $300 MILLION.
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Dec 3 (Reuters) - UDR Inc ::UDR ANNOUNCES PUBLIC OFFERING OF COMMON STOCK.UDR INC - EXPECTS TO USE NET PROCEEDS FROM OFFERING FOR PLANNED ACQUISITIONS OF ASSETS, WORKING CAPITAL AND GENERAL CORPORATE PURPOSES.UDR INC - AGREED TO SALE OF 7,150,000 SHARES OF ITS COMMON STOCK IN AN UNDERWRITTEN PUBLIC OFFERING.
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Oct 29 (Reuters) - UDR Inc ::UDR ANNOUNCES THIRD QUARTER 2018 RESULTS AND INCREASES FULL-YEAR GUIDANCE RANGES.Q3 FFO PER SHARE $0.49.Q3 REVENUE $266.1 MILLION VERSUS I/B/E/S VIEW $258.8 MILLION.QTRLY AFFO PER SHARE WAS $0.44.QTRLY FFO AS ADJUSTED PER SHARE WAS $0.49.Q3 FFO PER SHARE VIEW $0.49 -- THOMSON REUTERS I/B/E/S.SEES FOR FULL-YEAR 2018 AFFO PER SHARE $1.79 TO $1.80.QTRLY YEAR-OVER-YEAR SAME-STORE REVENUE, EXPENSE & NET OPERATING INCOME GROWTH FOR QUARTER WERE 3.8 PERCENT, 3.5 PERCENT AND 3.9 PERCENT, RESPECTIVELY.FY2018 FFO PER SHARE VIEW $1.94 -- THOMSON REUTERS I/B/E/S.SEES FOR FY 2018 FFO PER SHARE BETWEEN $1.92 TO $1.93.SEES FY 2018 FFO AS ADJUSTED PER SHARE $1.95 TO $1.96.
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Oct 1 (Reuters) - UDR Inc ::UDR INC - ON SEPT 27, CO ENTERED INTO RESTATED CREDIT AGREEMENT FOR A $1.1 BILLION SENIOR REVOLVING CREDIT FACILITY & $350 MILLION SENIOR UNSECURED TERM LOAN.UDR INC - REVOLVING CREDIT FACILITY HAS SCHEDULED MATURITY DATE OF JANUARY 31, 2023, WITH TWO SIX-MONTH EXTENSION OPTIONS.UDR - AGREEMENT INCLUDES ACCORDION FEATURE ALLOWING COMMITMENTS UNDER CREDIT FACILITY, TOTAL BORROWINGS UNDER TERM LOAN TO BE INCREASED UP TO $2 BILLION.UDR INC - TERM LOAN HAS A SCHEDULED MATURITY DATE OF SEPTEMBER 30, 2023 - SEC FILING.UDR INC - CREDIT AGREEMENT AMENDS AND RESTATES CO'S CREDIT AGREEMENT DATED OCT 20, 2015.UDR INC - ON SEPT 27, CO BORROWED $350 MILLION UNDER TERM LOAN TO PAY OUTSTANDING BALANCE UNDER TERM LOAN IN PRIOR CREDIT AGREEMENT.
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July 30 (Reuters) - UDR Inc ::UDR ANNOUNCES SECOND QUARTER 2018 RESULTS AND INCREASES FULL-YEAR GUIDANCE RANGES.Q2 FFO PER SHARE $0.49.Q2 REVENUE $259.7 MILLION VERSUS I/B/E/S VIEW $253.3 MILLION.INCREASED FULL-YEAR 2018 EARNINGS AND SAME-STORE GROWTH GUIDANCE.QTRLY FFO AS ADJUSTED PER SHARE WAS $0.49.INCREASED FFO PER SHARE GUIDANCE BY $0.005 AT MIDPOINT TO $1.92 TO $1.95 FOR FY 2018.INCREASED FFOA AND AFFO PER SHARE GUIDANCE BY $0.015 AT MIDPOINTS, TO $1.93 TO $1.96 AND $1.78 TO $1.81, RESPECTIVELY FOR 2018.YEAR-OVER-YEAR SAME-STORE REVENUE GROWTH FOR QUARTER WERE 3.4 PERCENT.INCREASED SAME-STORE REVENUE, EXPENSE AND NOI GROWTH GUIDANCE RANGES BY 25 BASIS POINTS AT MIDPOINTS TO 3.0 TO 3.5 PERCENT FOR 2018.SEES Q3 FFO PER SHARE $0.48 TO $0.50.SEES Q3 AFFO PER SHARE $0.43 TO $0.45.SEES FFO AS ADJUSTED PER SHARE $0.48 TO $0.50 FOR Q3 2018.Q2 REVENUE VIEW $253.3 MILLION -- THOMSON REUTERS I/B/E/S.Q2 FFO PER SHARE VIEW $0.48 -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $1.02 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 FFO PER SHARE VIEW $1.93 -- THOMSON REUTERS I/B/E/S.QTRLY AFFO PER COMMON SHARE AND UNIT, DILUTED $ 0.45.QTRLY YEAR-OVER-YEAR SAME-STORE REVENUE, EXPENSE AND NET OPERATING INCOME GROWTH WERE 3.4 PERCENT, 2.9 PERCENT AND 3.5 PERCENT, RESPECTIVELY.
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Jan 4 (Reuters) - Udr Inc ::UDR APPOINTS CHIEF EXECUTIVE OFFICER AND PRESIDENT THOMAS W. TOOMEY AS CHAIRMAN OF THE BOARD AND JAMES D. KLINGBEIL AS LEAD INDEPENDENT DIRECTOR.UDR INC - TOOMEY SUCCEEDS JAMES KLINGBEIL.
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Nov 29 (Reuters) - UDR Inc ::UDR PRICES $300 MILLION OF 3.50% SENIOR UNSECURED NOTES DUE 2028 AND ANNOUNCES REDEMPTION OF ALL OUTSTANDING 4.25% SENIOR NOTES DUE 2018.UDR INC - NOTES WERE PRICED AT 99.601% OF PRINCIPAL AMOUNT, PLUS ACCRUED INTEREST FROM DECEMBER 13, 2017 TO YIELD 3.547% TO MATURITY.UDR INC - NOTES WILL MATURE ON JANUARY 15, 2028.UDR INC - IT WILL REDEEM ALL $300 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS OUTSTANDING 4.25% SENIOR NOTES DUE JUNE 1, 2018.UDR INC - EXPECTS TO USE NET PROCEEDS OF OFFERING FOR REPAYMENT OF DEBT, INCLUDING FUNDING REDEMPTION OF 4.25% SENIOR NOTES.UDR INC - AS RESULT OF REDEMPTION CO EXPECTS TO INCUR A ONE-TIME CHARGE OF ABOUT $3.0 MILLION - $3.5 MILLION TO NET INCOME & FUNDS FROM OPERATIONS IN Q4 2017.
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Oct 30 (Reuters) - UDR Inc ::UDR announces third quarter 2017 results.Q3 revenue $251.1 million versus i/b/e/s view $247.6 million.Q3 adjusted FFO per share $0.43.Q3 FFO per share $0.46.Q3 FFO per share view $0.47 -- Thomson Reuters I/B/E/S.UDR Inc - revised full-year 2017 earnings and same-store growth guidance.UDR Inc - reduced fy 2017 ffo per share guidance range by $0.01 at midpoint, to $1.83 to $1.85.Fy2017 FFO per share view $1.86 -- Thomson Reuters I/B/E/S.UDR Inc - increased fy 2017 ffoa, affo per share guidance ranges by $0.01 at midpoints, to $1.86 to $1.88 and $1.71 to $1.73, respectively.UDR Inc - in Q3, same-store NOI increased 3.0 percent year-over-year.
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