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UDR's CEO Discusses Q2 2012 Results - Earnings Call Transcript

UDR, Inc. (UDR)

Q2 2012 Earnings Conference Call

July 30, 2012 11:00 AM ET

Executives

Thomas W. Toomey – President & Chief Executive Officer

Jerry A. Davis - Senior Vice President of Operations

Christopher G. Van Ens- Vice President of Investor Relations

Warren L. Troupe – Senior Executive Vice President

Harry G. Alcock – Senior Vice President, Asset Management

Analysts

Jana Galan - Bank of America-Merrill Lynch

Karin Ford - KeyBanc Capital Markets

Eric Wolfe – Citigroup

David Bragg - Zelman & Associates

Swaroop Yalla - Morgan Stanley

Paula Poskon - Robert W. Baird

Michael Salinsky - RBC Capital Markets

Robert Stevenson – Macquarie

Alexander Goldfarb - Sandler O'Neill

Richard Anderson - BMO Capital Markets

Jeffrey Donnelly - Wells Fargo Securities

Presentation

Operator

Good day ladies and gentlemen, thank you for standing by. Welcome to UDR's 2Q ‘12 Conference Call. During today's presentation, all parties will be in a listen-only-mode. Following the presentation, the conference will be opened for questions. (Operator instructions). This conference is being recorded today, Monday, July 30, of 2012.

I would now like to turn the conference over to Mr. Chris Van Ens, Vice President of Investor Relations.

Christopher G. Van Ens

Thank you for joining us for UDR's second quarter financial results conference call. Our second quarter press release and supplemental disclosure package were distributed earlier today and posted to our website, www.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.

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