COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2024

COMMITMENTS AND CONTINGENCIES

Summary of real estate commitments

The following summarizes the Company’s commitments at March 31, 2024 (dollars in thousands):

	Number	UDR's		UDR's Remaining
	Properties	Investment (a)		Commitment
Real estate commitments
Wholly-owned — under development	1	$	126,163	$	7,837
Wholly-owned — redevelopment (b)	10		51,420		113,527
Other unconsolidated investments:
Real estate technology and sustainability investments (c)	-		57,140		48,860
Total		$	234,723	$	170,224

(a) Represents UDR’s investment as of March 31, 2024.

(b) Projects consist of unit renovations and/or renovation of related common area amenities.

(c) As of March 31, 2024, the investments were recorded in either Investment in and advances to unconsolidated joint ventures, net or Other Assets on the Consolidated Balance Sheets.