UDR Announces Fourth Quarter and Full-Year 2020 Results and 2021 Guidance
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) Fourth Quarter 2020 Highlights: Net income per share was $0.09, Funds from Operations (“FFO”) per share was $0.39, FFO as Adjusted (“FFOA”) per share was $0.49, and Adjusted FFO (“AFFO”) per share was $0.43. Net income attributable to common stockholders was $25.5 million compared to net income of $96.9 million in the prior year period, primarily due to lower gains from sold properties and a decline in Combined Same-Store net operating income (
UDR Announces Fourth Quarter and Full-Year 2020 Results and 2021 Guidance
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) Fourth Quarter 2020 Highlights: Net income per share was $0.09, Funds from Operations (“FFO”) per share was $0.39, FFO as Adjusted (“FFOA”) per share was $0.49, and Adjusted FFO (“AFFO”) per share was $0.43. Net income attributable to common stockholders was $25.5 million compared to net income of $96.9 million in the prior year period, primarily due to lower gains from sold properties and a decline in Combined Same-Store net operating income (