UDR Announces Retirement of Harry G. Alcock, Senior Vice President and Chief Investment Officer

DENVER ~ UDR, Inc., a leading multifamily real estate investment trust, has announced the retirement of Senior Vice President and Chief Investment Officer, Harry G. Alcock. The retirement will be effective July 31, 2024, after which Alcock will transition to a consulting role with a focus on transactions.

Alcock has been with UDR for over 13 years and has worked closely with Chairman and CEO Tom Toomey for approximately 30 years throughout their careers. Toomey expressed his gratitude for Alcock's contributions to the company, stating that he has been a trusted partner in UDR's growth from an $8 billion enterprise in 2010 to a $20 billion enterprise today.

In his role as CIO, Alcock has played a crucial role in UDR's sustainability leadership and has helped the company grow thoughtfully and accretively. Toomey also acknowledged Alcock's expertise and the positive impact it has had on UDR and its investors.

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After his retirement, Alcock will continue to support UDR in a consulting capacity while focusing on transactions. This transition comes at an exciting time for the company as it continues to thrive under the leadership of Toomey and its talented team of investment professionals.

H. Andrew Cantor, UDR's Senior Vice President - Acquisitions and Dispositions, will continue to oversee the company's transactions platform as he has for the last 12 years of his more than 14-year tenure with UDR. Similarly, Bob McCullough, UDR's Senior Vice President - Development, will continue to lead the development platform as he has during his 11-year tenure with the company.

In response to his retirement announcement, Alcock expressed his gratitude for being part of such a wonderful organization and culture at UDR. He also praised the company's strong position going forward under Toomey's direction and its deep bench of talented investment professionals, including H. Andrew Cantor, Bob McCullough, Doug Fee, and Andrew Lavaux.

UDR and its investors have greatly benefited from Alcock's expertise and contributions, and the company wishes him well in his retirement. With a strong leadership team in place, UDR is poised for continued success in the future.
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