Mark Patterson - UDR Independent Director

UDR Stock  USD 45.30  0.56  1.22%   

Director

Mr. Mark R. Patterson is an Independent Director of the Company. Mr. Patterson has Currently a real estate consultant and financial advisor and is a director and President of MP Realty Advisors, LLC. From September 2010 until March 2016, Mr. Patterson was Chairman, and until January 2015, Chairman and Chief Executive Officer, of Boomerang Systems, Inc., a manufacturer of fully automated, robotic parking systems. In August 2015, Boomerang Systems, Inc. filed for bankruptcy under Chapter 11 of the US Bankruptcy Code. Until January 2009, Mr. Patterson was a Managing Director and the Head of Real Estate Global Principal Investments at Merrill Lynch, where he oversaw the real estate principal investing activities of Merrill Lynch since 2014.
Age 60
Tenure 10 years
Address 1745 Shea Center Drive, Highlands Ranch, CO, United States, 80129-1540
Phone720 283 6120
Webhttps://www.udr.com
Patterson joined Merrill Lynch in April 2005 as the Global Head of Real Estate Investment Banking and in 2006 he also became the CoHead of Global Commercial Real Estate, which encompassed real estate investment banking, principal investing and mortgage debt. Prior to joining Merrill Lynch, Mr. Patterson spent 16 years at Citigroup, where he was the Global Head of Real Estate Investment Banking since 1996. Previously, Mr. Patterson was with Chemical Realty Trust in New York from 1987 to 1989, as an Associate in the Real Estate Investment Banking group and in the Real Estate Group at Arthur Andersen in Houston, Texas from 1982 to 1985. Relevant Skills of Mr. Patterson has a strong background in real estate finance. During his tenure as Managing Director and Head of Real Estate Global Principal Investments at Merrill Lynch, Mr. Patterson oversaw investment banking, private equity and real estate debt.

Mark Patterson Latest Insider Activity

Tracking and analyzing the buying and selling activities of Mark Patterson against UDR stock is an integral part of due diligence when investing in UDR. Mark Patterson insider activity provides valuable insight into whether UDR is net buyers or sellers over its current business cycle. Note, UDR insiders must abide by specific rules, including filing SEC forms every time they buy or sell UDR'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
 
Mark Patterson over a year ago
Enservco exotic insider transaction detected

UDR Management Efficiency

The company has Return on Asset of 0.0164 % which means that on every $100 spent on assets, it made $0.0164 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0284 %, implying that it generated $0.0284 on every 100 dollars invested. UDR's management efficiency ratios could be used to measure how well UDR manages its routine affairs as well as how well it operates its assets and liabilities. As of 12/02/2024, Return On Tangible Assets is likely to grow to 0.04. Also, Return On Capital Employed is likely to grow to 0.09. At this time, UDR's Return On Assets are relatively stable compared to the past year. As of 12/02/2024, Asset Turnover is likely to grow to 0.15, while Total Current Assets are likely to drop slightly above 194.1 M.
UDR Inc has 5.98 B in debt with debt to equity (D/E) ratio of 1.19, which is OK given its current industry classification. UDR Inc has a current ratio of 0.2, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for UDR to invest in growth at high rates of return.

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, an SP 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 communities in targeted U.S. markets. For over 48 years, UDR has delivered long-term value to shareholders, the best standard of service to Residents and the highest quality experience for Associates. United Dominion operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 1219 people. UDR Inc (UDR) is traded on New York Stock Exchange in USA. It is located in 1745 Shea Center Drive, Highlands Ranch, CO, United States, 80129-1540 and employs 1,397 people. UDR is listed under Multi-Family Residential REITs category by Fama And French industry classification.

Management Performance

UDR Inc Leadership Team

Elected by the shareholders, the UDR's board of directors comprises two types of representatives: UDR inside directors who are chosen from within the company, and outside directors, selected externally and held independent of UDR. The board's role is to monitor UDR's management team and ensure that shareholders' interests are well served. UDR's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, UDR's outside directors are responsible for providing unbiased perspectives on the board's policies.
Katherine Cattanach, Independent Director
Thomas CPA, Chairman CEO
Todd Newton, Vice Marketing
Joseph CFA, CFO President
Kristen Nicholson, Vice Revenue
Joseph Fisher, Chief Financial Officer, Senior Vice President, Principal Financial Officer
Michael Lacy, Senior Vice President - Property Operations
Robert McNamara, Independent Director
Diane Morefield, Independent Director
Clinton McDonnough, Independent Director
Tracy Hofmeister, Chief Accounting Officer, Vice President, Principal Accounting Officer
Mark Patterson, Independent Director
David Thatcher, Senior Counsel
David JD, Senior Counsel
Warren Troupe, Corporate Secretary
Kathleen Hullinger, VP Controller
Matthew Cozad, Senior Innovation
Randall Wesson, Senior Officer
James Klingbeil, Independent Chairman of the Board
Abram Claude, VP Treasurer
Christopher Ens, Vice President - Investor Relations
Philip Curry, VP Operations
Kevin Nickelberry, Independent Director
Trent Trujillo, Vice Relations
Jerry Davis, President, Chief Operating Officer
Christopher Johnson, Senior Operations
Andrew Cantor, Senior Investments
Jon Grove, Independent Director
Robert McCullough, Senior Development
Harry Alcock, Senior Vice President, Chief Investment Officer
Thomas Toomey, CEO and President Director and Member of Executive Committee
Mary King, Independent Director
Jerry CPA, Consultant
Kenneth Balcerzak, Vice Affairs
Joshua Gampp, Senior CTO

UDR Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is UDR a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with UDR

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if UDR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in UDR will appreciate offsetting losses from the drop in the long position's value.

Moving together with UDR Stock

  0.83HR Healthcare Realty TrustPairCorr
The ability to find closely correlated positions to UDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UDR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back UDR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling UDR Inc to buy it.
The correlation of UDR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as UDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UDR Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for UDR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for UDR Stock Analysis

When running UDR's price analysis, check to measure UDR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UDR is operating at the current time. Most of UDR's value examination focuses on studying past and present price action to predict the probability of UDR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UDR's price. Additionally, you may evaluate how the addition of UDR to your portfolios can decrease your overall portfolio volatility.