Occupancy and Costs Are Going the Wrong Way for UDR
(NYSE: UDR) owns over 400 apartment buildings with more than 58,000 units, making it one of the largest apartment real estate investment trusts (REITs) in the United States. On the whole, UDR, which is geographically diversified as well, is performing well right now. But there are two worrying trends that investors need to monitor.
On some levels, owning apartment buildings is a fairly simple business to understand. You build or buy a property, then lease the units out to tenants, collecting rent each month for as long as they live there. That overlooks a lot of the little things that are important.
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Source Fool.com
UDR Inc. Stock
€40.68
-0.500%
We see a rather positive sentiment for UDR Inc. with 14 Buy predictions and 1 Sell predictions.
At the moment UDR Inc. has reached the predicted target price of 41 €, with a current price of 40.68 €.
