UDR, Inc. (NYSE:UDR) Q4 2023 Earnings Conference Call February 7, 2024 1:00 PM ET

Company Participants

Trent Trujillo - Vice President, Investor Relations

Tom Toomey - Chairman and Chief Executive Officer

Joe Fisher - President and Chief Financial Officer

Mike Lacy - Senior Vice President, Operations

Conference Call Participants

Eric Wolfe - Citibank

Austin Wurschmidt - KeyBanc Capital Markets

Brad Heffern - RBC Capital Markets

Joshua Dennerlein - Bank of America

Jamie Feldman - Wells Fargo

Michael Goldsmith - UBS

Adam Kramer - Morgan Stanley

John Pawlowski - Green Street

Rich Anderson - Wedbush Securities

Haendel St. Juste - Mizuho Securities

Robin Haneland - BMO Capital Markets

Linda Tsai - Jefferies

Anthony Powell - Barclays

Operator

Greetings and welcome to UDR’s Fourth Quarter 2023 Earnings Call. [Operator Instructions] As a reminder, this conference call is being recorded. It is now my pleasure to introduce your host, Vice President of Investor Relations, Trent Trujillo. Thank you, Mr. Trujillo. You may begin.

Trent Trujillo

Welcome to UDR’s quarterly financial results conference call. Our press release, supplemental disclosure package, and related investor presentation were distributed yesterday afternoon and posted to the Investor Relations section of our website at ir.udr.com. In the supplement, we have reconciled all non-GAAP financial measures to the most directly comparable GAAP measure in accordance with Reg G requirements. Statements made during this call, which are not historical, may constitute forward-looking statements. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be met.

A discussion of risks and risk factors are detailed in our press release and included in our filings with the SEC. We do not undertake a duty to update any forward-looking statements. When we get to the question-and-answer portion, we ask that you be respectful of everyone’s time and limit your questions to one plus a follow-up. Management will be available after the call for your questions that did not get answered during the Q&A session today.

I will now turn over the call to UDR’s Chairman and CEO, Tom Toomey.

Tom Toomey

Thank you, Trent, and welcome to UDR’s fourth quarter 2023 conference call. Presenting on the call with me today are President and Chief Financial Officer, Joe Fisher; and Senior Vice President of Operations, Mike Lacy; Senior Officers, Andrew Cantor and Chris Van Ens will also be available during the Q&A portion of the call.