UDR, Inc. (UDR) Completes Sale of 15 Communities for $477 Million

June 28, 2012 5:11 PM EDT
UDR, Inc. (NYSE: UDR) has completed the previously announced disposition of 15 unencumbered communities comprising 4,931 homes located in Phoenix, AZ; Jacksonville, FL; Dallas, TX and Richmond, VA for $477 million in gross proceeds. The Company exited the Phoenix, AZ and Jacksonville, FL markets with the completion of the sales.


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