Item 8.01 Other Events.

On March 17, 2009 UDR, Inc. ("UDR") issued a press release announcing that its Board of Directors declared a regular quarterly dividend on its common stock for the first quarter of 2009 in the amount of $0.305 per share, a regular quarterly dividend on its Series E Preferred Stock for the first quarter of 2009 in the amount of $0.3322 per share and a regular quarterly dividend on its Series G Preferred Stock for the period of January 30, 2009 to, but not including, April 30, 2009 in the amount of $0.421875 per share. The common stock dividend is payable on April 30, 2009 to UDR common stock shareholders of record as of April 10, 2009. The preferred dividends are payable on April 30, 2009 to Series E and Series G preferred stock shareholders of record as of April 10, 2009. A copy of the press release is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Ex. No. - Description

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99.1 - Press Release dated March 17, 2009.

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