UDR · 10-Q · 2026Q3 · Full report
Real Estate Sale Gains
UDR, Inc. · 2026-11-03 · Importance 34 · Surprise 42 · From source text
In March 2026, UDR sold four communities with 1,159 homes for $362.0 million, recognizing gains of approximately $157.4 million; it also sold a Nashville community for $41.5 million in June. In July, UDR contributed a 360-home Nashville community to its LaSalle joint venture, received approximately $103.2 million in cash proceeds, and recorded a gain of approximately $75.2 million; it also sold a 235-home Seattle community for $157.0 million. In September, UDR sold a 177-home Nashville community for $26.0 million, while the September-quarter and nine-month gains on real estate sales were $190.1 million and $383.2 million, respectively. UDR also consolidated communities in Portland, Santa Monica, and Riverside during 2026, adding real estate assets of approximately $72.1 million, $45.1 million, $102.3 million, and $246.8 million across the four transactions described.
Key facts
- UDR's nine-month 2026 real estate sale gains were $383.2 million from seven community sales and one partial sale, compared with $47.9 million from two community sales in the nine months ended September 30, 2025. source
- In March 2026, UDR sold four operating communities totaling 1,159 homes for gross proceeds of $362.0 million and gains of approximately $157.4 million. source
- For the three months ended September 30, 2026, UDR's net income increased in part because of a $190.1 million gain on sale of real estate, compared with no such gain in the 2025 quarter. source
- In July 2026, UDR sold a 235-home Seattle, Washington operating community for gross proceeds of $157.0 million and a gain of approximately $93.7 million. source
- In June 2026, UDR sold a 206-home Nashville, Tennessee operating community for gross proceeds of $41.5 million and a gain of approximately $35.7 million. source
- In September 2026, UDR sold a 177-home Nashville, Tennessee operating community for gross proceeds of $26.0 million and a gain of approximately $21.2 million. source
- UDR recognized $190.1 million of gains on real estate sales in the three months ended September 30, 2026, compared with none in 2025, following the sale of two operating communities and partial sale of one community. source
- UDR recognized $383.2 million of real estate sale gains in the nine months ended September 30, 2026, compared with $47.9 million in 2025; UDR sold seven operating communities and partially sold one in 2026, versus two sales in 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +9580.0% | UDR's nine-month 2026 real estate sale gains were $383.2 million from seven community sales and one partial sale, compared with $47.9… |
| assets | negative | realized | -2.0% | In March 2026, UDR sold four operating communities totaling 1,159 homes for gross proceeds of $362.0 million and gains of approximately… |
| assets | negative | realized | -0.6% | In July 2026, UDR sold a 235-home Seattle, Washington operating community for gross proceeds of $157.0 million and a gain of approximately… |