Exhibit 99.1

RE3 includes development, redevelopment, land entitlement, lease-up, etc. Development pipeline totals $1.9B (12/31/06) Developments in process: 2,701 homes, $551M Future development pipeline: 8,368 homes, $1.3B Value creation of $3 to $6 per share Redevelopment pipeline totals $357M (12/31/06) 4,060 homes in 13 communities Value creation in excess of $300 million or $2 per share Sold Las Colinas Development in Q4 for $44.5M, after tax profit of $8.8M Highlights 4th largest apartment REIT Approximately 70,000 apartment homes $8.1 billion total market cap Portfolio positioned to capture job growth and demographic trends Current topics Continued strength in apartment market fundamentals Sustainable rent growth Portfolio positioned to benefit from strong job growth, low housing affordability Expect 70% of 2007 NOI will be generated in California, Florida, Texas and the DC corridor. Focus on technology to improve customer service and reduce costs 5-year goal is to generate 90% of leases on line and process 100% of rent payments electronically Will implement resident portal for on line service requests Expect to choose yield management software in 60 days UDR, Inc. (NYSE: UDR), has a demonstrated history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted US markets. At a Glance Current Stock Price (April 9): $30.76 52-Week Range: $25.50 - $34.10 2007 Indicated Dividend/Yield: $1.32/4.3% Institutional Ownership: 77.3% Insider Ownership: 6.0% Garden Wrap Podium Mixed Use Mid Rise High Rise Credit Suisse Real Estate Conference April 10-12, 2007 Compelling Value Creation Strategies

2006 Community Acquisitions/Dispositions Location # of Homes $millions Acquisitions: California 900 $198.0 Texas 1,477 108.5 Nashville 386 21.0 Total 2,763 $327.5 Dispositions: North Carolina 3,635 $195.1 Texas 2,078 119.5 Memphis 630 27.0 Aurora, CO 600 30.7 Seattle 518 58.0 Mesa, AZ 192 14.6 Total 7,653 $444.5 2007 Community Acquisitions/Dispositions Location # of Homes $millions Acquisitions: Bellevue, WA 166 $58.0 Washington D.C. 171 65.6 Total 337 $123.6 Dispositions: California 208 $25.7 Seattle, WA 267 29.1 Total 475 $54.8 "Research-driven" incorporates rigorous analysis to measure 2 key factors and determine when and where we invest: Low home affordability index Favorable demand/supply ratio for multi-family housing (demographic trends are favorable & job growth expectations are high) Andover Place Washington, D.C. 989 Elements Bellevue, WA Grow net operating income through automation and efficiency. 2007 Same Store Guidance (Growth) at Midpoint Revenue: 6% Expense: 4% NOI: 7% Revenue: Hot Markets for 2007 expected to demonstrate revenue growth greater than 7% Tampa, FL Northern CA Southern CA Charlotte, NC Portland, OR Orlando, FL Seattle, WA Phoenix, AZ Grand Terrace Coulton, CA The Beaumont Seattle, WA Sold Bought Low Home Affordability UDR Mo. Rent 1 Yr ARM Difference SF Bay Area $1,597 $ 5,348 $3,751 Orange Co. 1,444 4,958 3,515 San Diego Co. 1,260 3,853 2,593 Inland Empire 1,103 3,677 2,574 Monterey 930 3,379 2,449 Tampa 891 3,019 2,129 Metro D.C. 1,206 2,814 1,609 Seattle 909 2,187 1,278 Phoenix 891 2,130 1,240 Orlando 908 2,127 1,219 Strong Job Growth UDR operates in 8 of the top 10 U.S. job growth markets Job growth in UDR's top 10 markets is 40% greater than the U.S. average Over 500K jobs added in UDR top markets in past 12 months

Kitchen/Bath Program Targeting 8% to 10% Stabilized ROI 15,000 Completed; > 20,000 in Pipeline Expect to complete 650 per month during 2007 Absorbing $0.02 per share in annual dilution from homes out of service Value created: $8,000 - $12,000 per home Condo Conversions In-Process Location # of Homes Avg. Sales Price Tampa, FL 320 $155,000 Phoenix, AZ 320 200,000 Long Beach, CA 158 355,000 Tampa, FL 54 400,000 San Francisco, CA 24 550,000 Total 876 Development: RE3 our subsidiary that focuses on development, redevelopment, land entitlement, zoning changes, condominium conversions and short-term hold investments, is poised to capture superior returns through all market cycles. It gives us flexibility to act quickly when markets change. Full Community Redevelopment 13 communities underway - 4,060 homes $170 budgeted cost; $357 total investment Targeting 10% stabilized ROI Absorbing $0.07 per share in annual dilution from homes out of service Over $300 million in estimated value creation or $2 per share Before After Before After Redevelopment: Our Development Pipeline is expected to create incremental value of $3 to $6 per share. Total Development Pipeline at 12/31/06 # of Homes Budgt. Cost Wholly Owned - Under Dev. 872 $76,000 Dev. In Progress - Under Contract 860 105,000 Dev. Joint Ventures 969 370,000 Total Current Dev. 2,701 551,000 Future Dev. - Owned 3,146 570,000 Future Dev. - Under Investigation 5,222 779,000 Total Future Dev. 8,368 1,349,000 Total Dev. Pipeline 11,069 $1,900,000 Bellevue Plaza - Bellevue, WA

Statements contained in this presentation, which are not historical facts, are forward-looking statements, as the term is defined in the Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by the Company's use of words such as, "expects," "plans," "estimates," "projects," "intends," believes," and similar expressions that do not relate to historical matters. Such forward- looking statements are subject to risks and uncertainties which can cause actual results to differ materially from those currently anticipated, due to a number of factors, which include, but are not limited to, unfavorable changes in the apartment market, changing economic conditions, the impact of competition and competitive pricing, acquisitions or new developments may not achieve anticipated results, delays in completing developments and lease-ups on schedule, difficulties in selling existing apartment communities, and other risk factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time including the Company's Annual Report on Form 10-K and the Company's Quarterly Reports on Form 10-Q. All forward-looking statements in this presentation are made as of today, based upon information known to management as of the date hereof, and the Company assumes no obligation to update or revise any of its forward- looking statements even if experience or future changes show that indicated results or events will not be realized. Leverage research capabilities and operating, financial and investment platforms to attract a variety of low cost capital. 2007 Transactions March: $150M 5.5% medium term note offering due 2014 Q2: Expect to retire 8.6% Series B Preferred in May Q2/3: Texas joint venture - sell 80% interest in pool of approximately $370M - $400M of assets with future expansion potential of $300M Future: Sell interest in Addison, TX joint venture Guidance at Midpoint Safe Harbor Notes