AI English summary of an SEC filing — figures as filed
UDR UDRUDR said it reported net income, FFO and FFOA per diluted share of $0.23, $0.58 and $0.61 for Q1 2025, against guidance of $0.24 to $0.26, $0.60 to $0.62 and $0.60 to $0.62 respectively for Q1.
Key points
AI summaryUDR said it reported net income, FFO and FFOA per diluted share of $0.23, $0.58 and $0.61 for Q1 2025, against guidance of $0.24 to $0.26, $0.60 to $0.62 and $0.60 to $0.62 respectively for Q1.
The company said Same-Store revenue, expense and NOI growth year over year for Q1 were 2.6%, 2.3% and 2.8%, and it reaffirmed its full-year FFOA per diluted share guidance of $2.45 to $2.55.
UDR said it sold Leonard Pointe for gross proceeds of $127.5 million and One William for gross proceeds of $84.0 million in Q1, started development of 3099 Iowa, and acquired the senior loan on 1300 Fairmount for $114.6 million.
The company said its total debt was $5.8 billion as of March 31, 2025, that debt maturing through 2026 was $533.5 million (9.7% of total consolidated debt), and that its liquidity from cash and undrawn credit facility capacity was approximately $1.1 billion.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
1Q 2025 per-share metrics versus guidance
UDR said it reported net income, FFO and FFOA per diluted share of $0.23, $0.58 and $0.61 for Q1 2025, against guidance of $0.24 to $0.26, $0.60 to $0.62 and $0.60 to $0.62 respectively for Q1.
Source · Based on the filing body and exhibits
Same-Store growth and 2025 full-year guidance reaffirmed
The company said Same-Store revenue, expense and NOI growth year over year for Q1 were 2.6%, 2.3% and 2.8%, and it reaffirmed its full-year FFOA per diluted share guidance of $2.45 to $2.55.
Source · Based on the filing body and exhibits
Sales, development and loan investment activity in Q1
UDR said it sold Leonard Pointe for gross proceeds of $127.5 million and One William for gross proceeds of $84.0 million in Q1, started development of 3099 Iowa, and acquired the senior loan on 1300 Fairmount for $114.6 million.
Source · Based on the filing body and exhibits
Debt and liquidity as of March 31, 2025
The company said its total debt was $5.8 billion as of March 31, 2025, that debt maturing through 2026 was $533.5 million (9.7% of total consolidated debt), and that its liquidity from cash and undrawn credit facility capacity was approximately $1.1 billion.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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