Thomas W. Toomey
Thomas Toomey is the Global Chairman of ULI. A longtime ULI member, ULI Global Governing Trustee, and ULI Foundation Governor, he is serving a two-year term from July 1, 2017, to June 30, 2019.
Mr. Toomey is Chairman, Chief Executive Officer, and President of UDR, Inc., a $15 billion S&P 500 company; having served in these capacities since joining the Company sixteen years ago. Over his tenure, Mr. Toomey has been instrumental in repositioning the Company’s portfolio, including the acquisition and disposition of over $17 billion in multifamily communities, which has led to an above average annual return of 13% for the Company’s shareholders. As of December 2016, the Company owned or had an ownership interest in 49,907 apartment homes in select markets across the U.S.
Prior to heading UDR, Mr. Toomey held various senior positions, including Chief Operating Officer and Chief Financial Officer, with AIMCO, a multifamily REIT peer. At AIMCO, Mr. Toomey was instrumental in transforming the company into the largest apartment owner in the U.S.; growing its portfolio ten-fold over his tenure. Prior to AIMCO, Mr. Toomey served as a Senior Vice President with Lincoln Property Company, a multifaceted, national real estate firm, for five years.
As a leader in the real estate industry, Mr. Toomey is a member of the Board of Governors of the National Association of Real Estate Investment Trusts (NAREIT), is on the Executive Committee of the National Multi Housing Council (NMHC), is a member of The Real Estate Roundtable, and is Chair-Elect and a Trustee of the Oregon State University Foundation.