UDR, Inc. Reports Tax Status of 2018 Distributions

DENVER–(BUSINESS WIRE)–UDR, Inc. (NYSE: UDR),
reported today the tax status of its 2018 distributions paid to
shareholders. Details on the classifications of the distributions are
included in the table below:

Record Date				Payment Date				Distribution Per Share				Ordinary Taxable Dividend1,4				Qualified Dividend1				Long Term Capital Gain2				Unrecaptured Section 1250 Gain2				Nondividend Distributions3
Common Shares:
1/10/2018				1/31/2018				0.31000				60.5817%				0.4409%				4.5058%				18.2409%				16.2307%
4/9/2018				4/30/2018				0.32250				60.5817%				0.4409%				4.5058%				18.2409%				16.2307%
7/10/2018				7/31/2018				0.32250				60.5817%				0.4409%				4.5058%				18.2409%				16.2307%
10/10/2018				10/31/2018				0.32250				60.5817%				0.4409%				4.5058%				18.2409%				16.2307%
				Total				1.27750
Preferred Shares Series E:
1/10/2018				1/31/2018				0.33220				72.3196%				0.5264%				5.3788%				21.7752%				0.0000%
4/9/2018				4/30/2018				0.34920				60.5817%				0.4409%				4.5058%				18.2409%				16.2307%
7/10/2018				7/31/2018				0.34920				60.5817%				0.4409%				4.5058%				18.2409%				16.2307%
10/10/2018				10/31/2018				0.34920				60.5817%				0.4409%				4.5058%				18.2409%				16.2307%
				Total				1.37980

(1)	–	the sum of these amounts will be reported on Box 1a of Form 1099-DIV as Total ordinary dividends
(2)	–	the sum of these amounts will be reported on Box 2a of Form 1099-DIV as Total capital gain distributions
(3)	–	these amounts will be reported on Box 3 of Form 1099-DIV as Nondividend distributions
(4)	–	these amounts will be reported on Box 5 of Form 1099-DIV as Section 199A dividends

Shareholders of record of the Company’s common and preferred stock will
receive an Internal Revenue Service Form 1099-DIV from EQ Shareowner
Services, the Company’s 2018 distribution paying agent. The form will
report the distributions paid and the amounts designated as total
ordinary dividends, qualified dividends, total capital gains,
unrecaptured section 1250 gains, nondividend distributions, and section
199A dividends. If shares were held in “street name” during 2018, the
IRS form will be provided by a bank, brokerage firm, or nominee. Because
the Company’s tax return has not yet been filed for the year ended
December 31, 2018, the distribution allocations presented herein have
been calculated using the best available information to date.

The tax treatment of these distributions by state and local authorities
varies and may not be the same as the IRS’s treatment. Because federal
and state tax laws affect individuals differently, the Company cannot
advise shareholders on how distributions should be reported on their tax
returns. The Company encourages shareholders to consult with their own
tax advisors with respect to the federal, state and local income tax
consequences of these distributions.

About UDR, Inc.

UDR, Inc. (NYSE: UDR),
an S&P 500 company, is a leading multifamily real estate investment
trust with a demonstrated performance history of delivering superior and
dependable returns by successfully managing, buying, selling, developing
and redeveloping attractive real estate properties in targeted U.S.
markets. As of September 30, 2018, UDR owned or had an ownership
position in 49,464 apartment homes including 932 homes under development
or in its Developer Capital Program – West Coast Development Joint
Venture. For over 46 years, UDR has delivered long-term value to
shareholders, the best standard of service to residents and the highest
quality experience for associates.

Contacts

UDR, Inc.
Chris Van Ens
cvanens@udr.com
720-348-7762