United Dominion Realty Trust

United Dominion Realty Trust is a venture capital firm in Colorado that focuses on identifying opportunities in highly desirable urban areas. Founded 1972 in Highlands Ranch, Colorado, United States, it invests in early stage ventures. UDR is a multifamily real estate investment trust that manages, buys, sells, develops and redevelops apartment communities. It is focused on identifying opportunities in urban areas that demonstrate job growth ahead of the national average and have a shortage of affordable single-family homes relative to the area's median income. Its portfolio companies include SmartRent and MyNewPlace. As of March 2020, UDR has made two investments. Their most recent investment was on June 19, 2019, when SmartRent raised $32M. UDR has had one exit, which was MyNewPlace.