United Dominion Realty Trust, Inc. is a real estate investment trust (REIT) specializing in the ownership, management, development and acquisition of multifamily residential communities. The company’s core business activities include the design and construction of apartment homes, day-to-day property management and the strategic acquisition and disposition of assets to optimize portfolio performance. By integrating property operations, capital markets expertise and market research, United Dominion seeks to deliver both rental housing solutions for residents and value creation for shareholders.
Founded in the early 1970s, United Dominion Realty Trust has grown through a combination of internal development and targeted acquisitions. Over the decades, the company has evolved from a regional apartment operator into a national platform, leveraging economies of scale in construction, procurement and leasing. This growth has been guided by a disciplined investment strategy focused on high-growth markets, demographic trends and evolving resident needs.
United Dominion’s portfolio spans a diverse set of metropolitan regions across the United States, including major coastal hubs, Sun Belt markets and select gateway cities. The company emphasizes a balanced geographic mix to mitigate market-specific risks and to capture opportunities in both established and emerging communities. Through active asset management and periodic repositioning, United Dominion adapts its offerings to reflect local demand drivers, such as transit connectivity, employment growth and lifestyle preferences.
Under the leadership of President and Chief Executive Officer Thomas M. Toomey and Chief Financial Officer Russell J. Fox, United Dominion is committed to sustainable development practices, resident satisfaction and operational excellence. The company’s executive team and board of directors prioritize transparent corporate governance and robust risk management frameworks. By aligning its strategic vision with industry best practices, United Dominion aims to maintain its position as a leading multifamily REIT in the U.S. residential rental market.
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