UDR Declares 7.5% Dividend Increase

UDR, Inc.

, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the fourth quarter of 2011 in the amount of $0.2150 per share, payable in cash, on January 31, 2012 to UDR common stock shareholders of record as of January 11, 2012. The January 31^st dividend will be the 157^th consecutive quarterly dividend paid by the Company on its common stock. The fourth quarter declared dividend represents a 7.5% sequential increase over the previous quarter and is consistent with the previously announced 10% dividend increase to $0.80 per share declared by the Company's Board of Directors in January.