# Tom Toomey

> Tom Toomey is chairman, president and chief executive officer of UDR, the Colorado-based apartment REIT he joined in 2001. An Oregon State accounting graduate, he previously held senior roles at AIMCO and Lincoln Property Company, served as Urban Land Institute global chairman from 2017 to 2019, and has funded faculty, facilities and student support at his alma mater.

- **Role:** Chairman, President and Chief Executive Officer at UDR, Inc.
- **Organizations:** UDR, Inc., AIMCO, Lincoln Property Company, Arthur Andersen, Urban Land Institute, Oregon State University Foundation, Nareit, National Multifamily Housing Council, The Real Estate Roundtable
- **Education:** Bachelor of Science in Accounting, Oregon State University
- **Known for:** Led UDR since 2001 and became its board chairman in 2018., Served as the first ULI global chairman simultaneously leading a publicly traded company., Endowed an Oregon State professorship honoring his accounting mentor, Mary Ellen Phillips.

## Career timeline

- **1982** — Graduated from Oregon State; began his professional career at Arthur Andersen in Texas.
- **Before 2001** — Served for five years as a senior vice president at Lincoln Property Company and later held CFO and COO positions at AIMCO.
- **2001** — Joined UDR as president, CEO and director.
- **2007** — Established the Mary Ellen Phillips Professor in Financial Accounting at Oregon State.
- **2010** — Committed $1 million to Oregon State, split between a faculty endowment and Austin Hall construction.
- **2017-2019** — Served as Urban Land Institute global chairman.
- **2018** — Became chairman of UDR’s board, effective January 1.
- **2019** — Inducted into Oregon State College of Business Hall of Fame.
- **2020** — Oregon State announced his $1 million student basic-needs commitment.
- **2025** — Reappointed UDR president in September, alongside his chairman and CEO roles.

## Achievements

- Led UDR since 2001 and became its board chairman in 2018.
- Served as the first ULI global chairman simultaneously leading a publicly traded company.
- Endowed an Oregon State professorship honoring his accounting mentor, Mary Ellen Phillips.
- Established Oregon State’s first endowed fund dedicated to student basic needs through a $1 million commitment announced in 2020.
- Oregon State College of Business Hall of Fame inductee, 2019.

## Latest updates

- **2026-10** — On October 21, UDR and Apollo announced a proposed $2 billion joint venture covering 19 communities and 7,059 apartment homes; closing was expected October 29, subject to documentation and customary conditions.
- **2026-10** — UDR reported preliminary third-quarter results on October 21 and raised full-year net-income and adjusted-FFO guidance; final quarterly results were scheduled for November 2.
- **2026-10** — On October 14, UDR announced Scott McCallum would join as EVP and CIO on November 5, reporting to Toomey.

## Links

- Website: https://www.udr.com/
- LinkedIn: https://www.linkedin.com/in/tom-toomey-b137527

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Profile page: https://yespress.io/tom-toomey
Published by YesPress — https://yespress.io
Last updated: 2026-10-22