-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 J9fRNEYgLXlbxpdudX5r0I4Cdta8am5ExXyfnvqYeY6EnNB+y5i/AI+wCN0VSqvq
 ChAielpp3bOp/d2fZ0Es8A==

<SEC-DOCUMENT>0000950123-10-010822.txt : 20100210
<SEC-HEADER>0000950123-10-010822.hdr.sgml : 20100210
<ACCEPTANCE-DATETIME>20100210122418
ACCESSION NUMBER:		0000950123-10-010822
CONFORMED SUBMISSION TYPE:	424B5
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20100210
DATE AS OF CHANGE:		20100210

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UDR, Inc.
		CENTRAL INDEX KEY:			0000074208
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				540857512
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B5
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-156002
		FILM NUMBER:		10586954

	BUSINESS ADDRESS:	
		STREET 1:		1745 SHEA CENTER DRIVE
		STREET 2:		SUITE 200
		CITY:			HIGHLANDS RANCH
		STATE:			CO
		ZIP:			80129
		BUSINESS PHONE:		720-283-6120

	MAIL ADDRESS:	
		STREET 1:		1745 SHEA CENTER DRIVE
		STREET 2:		SUITE 200
		CITY:			HIGHLANDS RANCH
		STATE:			CO
		ZIP:			80129

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED DOMINION REALTY TRUST INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OLD DOMINION REAL ESTATE INVESTMENT TRUST
		DATE OF NAME CHANGE:	19850110

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OLD DOMINION REIT ONE
		DATE OF NAME CHANGE:	19770921
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B5
<SEQUENCE>1
<FILENAME>d70984e424b5.htm
<DESCRIPTION>424B5
<TEXT>
<HTML>
<HEAD>
<TITLE>e424b5</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="55%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>PROSPECTUS SUPPLEMENT</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Filed pursuant to Rule&nbsp;424(b)(5)</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>(To Prospectus Dated December&nbsp;8, 2008 and</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Registration No.&nbsp;333-156002</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Prospectus Supplement Dated September&nbsp;15, 2009)</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="Center" style="font-size: 12pt; margin-top: 6pt"><B>2,502,447 Shares</B>
</DIV>

<DIV align="Center" style="font-size: 14pt; margin-top: 6pt"><B>UDR, INC.</B>
</DIV>

<DIV align="Center" style="font-size: 12pt; margin-top: 6pt"><B>Common Stock</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the ATM Equity Offering<SUP style="font-size: 85%; vertical-align: text-top">SM<FONT style="font-family: Symbol">&#042;</FONT> </SUP>sales agreement dated September
15, 2009, entered into between us and Merrill Lynch, Pierce, Fenner &#038; Smith Incorporated, or
&#147;BAML,&#148; and Morgan Stanley &#038; Co. Incorporated, or &#147;MS,&#148; which was filed as an exhibit to our
Current Report on Form 8-K filed with the Securities and Exchange Commission on September&nbsp;15, 2009
and is incorporated herein by reference, we sold 2,502,447 shares of our common stock, par value
$0.01 per share, including 1,055,000 shares through BAML and 1,447,447 shares through MS, each
acting as our agent, in ordinary brokers&#146; transactions between October&nbsp;20, 2009 and February&nbsp;9,
2010, at an average sales price of $16.1539 per share, for aggregate gross proceeds of
approximately $40,424,331. Our aggregate net proceeds from such sales were approximately
$39,614,790, after deducting related expenses, including commissions to BAML of approximately
$328,962, commissions to MS of approximately $479,540, and SEC fees of $1,039.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our common stock is listed and trades on the New York Stock Exchange, or NYSE, under the
symbol &#147;UDR.&#148; The last reported sale price of our common stock on the NYSE on February&nbsp;9, 2010 was $15.09&nbsp;per share.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus supplement should be read in conjunction with, and may not be delivered or
utilized without, the prospectus dated December&nbsp;8, 2008, the prospectus supplement dated September
15, 2009 and the prospectus supplement dated October&nbsp;20, 2009.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Investing in our common stock involves risks. See &#147;Risk Factors&#148; beginning on page S-3 of the
accompanying prospectus supplement dated September&nbsp;15, 2009 and on page 1 of the accompanying
prospectus dated December&nbsp;8, 2008, and the risks set forth under the caption &#147;Item&nbsp;1A. Risk
Factors&#148; included in our most recent Annual Report on </B><B>Form 10-K</B><B> and Quarterly Reports on </B><B>Form 10-Q</B><B>.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Neither the Securities and Exchange Commission nor any state securities commission has
approved or disapproved of these securities or determined if this prospectus supplement or the
accompanying prospectus or prospectus supplement is truthful or complete. Any representation to
the contrary is a criminal offense.</B>
</DIV>
<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>BofA Merrill Lynch</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><B>Morgan Stanley</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">The date of this prospectus supplement is February&nbsp;10, 2010.
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="0%"></TD>
    <TD width="1%"></TD>
    <TD width="99"></TD>
</TR>

<TR valign="top">

    <TD><SUP style="font-size: 85%; vertical-align: text-top">*</SUP></TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD>ATM Equity Offering is a service mark of Merrill Lynch &#038; Co., Inc.&nbsp;</TD>
</TR>

</TABLE>




<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
