UDR · 10-Q · 2026Q3 · Full report

Litigation and Legal Risk

UDR, Inc. · 2026-11-03 · Importance 60 · Surprise 74

UDR incurred increased legal fees in 2026 primarily related to cases alleging antitrust violations by RealPage, Inc., in which UDR has been named. Other operating expenses increased by $9.6 million for the nine months ended September 30, 2026, to $32.4 million from $22.8 million in the same period of 2025. The increase was also reflected in the third quarter, when other operating expenses were $10.0 million versus $7.0 million a year earlier.

Key facts

• UDR incurred a $9.6 million increase in other operating expenses during the nine months ended September 30, 2026, primarily from legal fees related to cases alleging antitrust violations by RealPage, Inc. source
• UDR's other operating expenses increased $3.1 million in the third quarter of 2026, primarily due to higher legal fees related to cases alleging antitrust violations by RealPage, Inc. source