Udr, Inc. · NYSE:UDR
Udr — Investor Presentation (November 2007)
11 slides from Udr's investor presentation, Nov 9, 2007
Slide 1: Mature Market Trends As of 9/30/2007
UDR Opening doors to the future TM Mature Market Trends As of 9/30/2007
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements contained in this presentation, which are not historical facts, are forward-looking statements, as the term is defined in the Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by the Company’s use of words such as, “e
Slide 3: Term Definitions
Term Definition Mature Community The Company defines mature communities as all multifamily communities owned and stabilized for at least four quarters as of the beginning of the most recent quarter. Net Rent Net rent includes all rental income and fees that are actually collected during the month. T
Slide 4: Total Revenue
Total Revenue $55,000 $54,000 $53,000 $52,000 $51,000 $50,000 $49,000 $48,000 $47,000 $324 $320 $424 $413 $542 $368 $354 $368 $547 $335 $348 $543 $330 $1,617 $1,813 $1,715 $1,731 $1,783 $1,835 $1,909 $1,946 $2,025 $2,031 $1,965 $1,962 $1,973 $47,616 $47,533 $47,448 $47,276 $47,225 $47,441 $48,268 $4
Slide 5: Rental Income and Fees by Market (Dec-06 to May-07)
Rental Income and Fees by Market UDR Rental Income and Fees by Market Mature Communities Net Rent Dec-06 Jan-07 Feb-07 Mar-07 Apr-07 May-07 - - Austin TX $ 521,852.54 $ 522,555.61 $ 533,795.09 $ 546,868.66 $ 550,183.83 $ 548,797.06 Baltimore $ 1,783,018.01 $ 1,799,314.53 $ 1,784,916.28 $ 1,808,043.8
Slide 6: Rental Income and Fees by Market (Jun-07 to Sep-07)
Rental Income and Fees by Market UDR Rental Income and Fees by Market Mature Communities Net Rent Jun-07 Jul-07 Aug-07 Sep-07 - - Austin TX $ 555,786.25 $ 557,586.05 $ 548,403.75 $ 558,939.26 Baltimore $ 1,895,333.11 $ 1,911,136.44 $ 1,896,343.99 $ 1,880,099.36 Charlotte NC $ 855,555.23 $ 865,313.88
Slide 7: Concessions as a % of Net Rent (Sep-06 to Jan-07)
Concessions as a % of Net Rent UDR Concessions as a % of Net Rent Units Sep-06 Oct-06 Nov-06 Dec-06 Jan-07 Austin TX 792 -0.70% -0.73% -0.89% -1.49% -3.78% Baltimore 1819 -1.81% -1.01% -1.18% -1.30% -1.18% Charlotte NC 1226 -1.23% -1.38% -1.72% -2.58% -1.83% Columbus OH 2530 -2.57% -2.08% -2.02% -1.
Slide 8: Concessions as a % of Net Rent (Feb-07 to Sep-07)
Concessions as a % of Net Rent UDR Concessions as a % of Net Rent Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Austin TX -2.01% -1.50% -1.12% -1.49% -1.47% -1.08% -0.90% -0.84% Baltimore -1.50% -1.29% -1.04% -0.83% -1.13% -0.31% -0.89% -1.57% Charlotte NC -1.70% -1.64% -2.45% -2.15% -3.06
Slide 9: Monthly Occupancy (Sep-06 to Nov-06)
Monthly Occupancy by Market UDR Occupancy Units Sep-06 Oct-06 Nov-06 Austin TX 792 97.70% 95.80% 95.51% Baltimore 1,819 95.19% 95.64% 96.04% Charlotte NC 1,226 94.72% 94.72% 95.19% Columbus OH 2,530 93.81% 92.82% 93.16% Ft Worth TX 1,428 94.35% 92.05% 91.11% Inland Empire 660 90.53% 90.27% 90.52% Ho
Slide 10: Monthly Occupancy (Dec-06 to May-07)
Monthly Occupancy by Market UDR Occupancy Dec-06 Jan-07 Feb-07 Mar-07 Apr-07 May-07 Austin TX 95.08% 95.59% 96.34% 97.01% 97.56% 96.13% Baltimore 95.55% 95.60% 95.53% 95.68% 96.15% 96.29% Charlotte NC 94.64% 94.43% 94.36% 94.84% 94.35% 93.58% Columbus OH 93.72% 93.81% 94.92% 94.98% 94.91% 94.88% Ft
Slide 11: Monthly Occupancy (Jun-07 to Sep-07)
Monthly Occupancy by Market UDR Occupancy Jun-07 Jul-07 Aug-07 Sep-07 Austin TX 95.87% 97.03% 96.37% 96.93% Baltimore 96.99% 96.80% 96.17% 95.82% Charlotte NC 92.42% 93.89% 95.54% 96.07% Columbus OH 95.31% 94.93% 95.54% 95.53% Ft Worth TX 96.21% 96.65% 96.97% 95.97% Inland Empire 94.91% 94.83% 93.75