UE on NYSE

Urban Edge Properties

Urban Edge Properties is an American real estate company, incorporated in Maryland, listed on NYSE (UE).1 It is headquartered in New York, New York.1

Price unavailable

Last updated Oct 21, 2026.

Overview

Compare with Terreno Realty Corp, OFFICE PROPERTIES INCOME TRUST or Millrose Properties, Inc., or pick any stock.

  • TickerUE on NYSE1
  • IndustryReal Estate1
  • HeadquartersNew York, New York1
  • Incorporated inMD2
  • Business address12 East 49Th Street, 44Th Floor, New York, Ny 100172
  • Filer categoryLarge accelerated filer2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

19.8%Net margin3
6.1%Revenue growth, 20253
6.8%Return on equity3

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Rental Revenue brought in 100% of the revenue Urban Edge Properties broke down this way in fiscal 2025.

  1. Rental Revenue$470.7M3100%up 6% from 2024
  2. Product and Service, Other$1.2M30%up 149% from 2024
Products and services by year
Products and services202320242025
Rental Revenue$406.1M$444.5M$470.7M
Product and Service, Other$10.8M$501.0K$1.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs80¢$375.8M
  • Income tax1¢$2.6M
  • Profit20¢$93.5M

Out of $471.9M in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid52¢$95.5M
  • Kept or used elsewhere48¢$87.2M

Out of $182.7M of cash from operations.3

Financial statements

Revenue45673$471.9M in 2025+22% since 2019
0$200.0M$400.0M$600.0M2019: $387.6M$387.6M20192020: $330.1M$330.1M2020−15%2021: $425.1M$425.1M2021+29%2022: $397.9M$397.9M2022−6%2023: $416.9M$416.9M2023+5%2024: $445.0M$445.0M2024+7%2025: $471.9M$471.9M2025+6%
Net income45673$93.5M in 2025−15% since 2019
0$100.0M$200.0M$300.0M2019: $109.5M$109.5M20192020: $93.6M$93.6M2020−15%2021: $102.7M$102.7M2021+10%2022: $46.2M$46.2M2022−55%2023: $248.5M$248.5M2023+438%2024: $72.6M$72.6M2024−71%2025: $93.5M$93.5M2025+29%

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2025-12-312024-12-312023-12-31
Revenues$471.9M$445.0M$416.9M
Depreciation and amortization$139.2M$150.4M$109.0M
Real estate taxes$66.4M$68.7M$64.9M
Property operating$86.4M$78.8M$68.6M
General and administrative$40.0M$37.5M$37.1M
Real estate impairment loss$0$0$34.1M
Lease expense$13.2M$13.2M$12.6M
Other expense$349.0K$0$0
Total expenses$345.5M$348.5M$326.2M
Gain on sale of real estate$49.7M$38.8M$217.7M
Interest income$2.8M$2.7M$3.0M
Interest and debt expense-$78.2M-$81.6M-$74.9M
Gain (loss) on extinguishment of debt-$534.0K$21.4M$41.1M
Income before income taxes$100.1M$77.8M$277.7M
Income tax expense-$2.6M-$2.4M-$17.8M
Net income$97.5M$75.4M$259.9M
Consolidated subsidiaries$1.0M$1.1M$520.0K
Net income (loss) attributable to common shareholders$93.5M$72.6M$248.5M
Earnings per common share - Basic (in dollars per share)$0.74$0.60$2.11
Earnings per common share - Diluted (in dollars per share)$0.74$0.60$2.11
Weighted average shares outstanding - Basic (in shares)125.7M shares121.3M shares117.5M shares
Weighted average shares outstanding - Diluted (in shares)125.9M shares121.4M shares117.6M shares
Effective portion of change in fair value of derivatives-$928.0K-$301.0K-$179.0K
Comprehensive income$96.6M$75.1M$259.7M
Operating partnership$48.0K$18.0K$10.0K
Operating partnership-$5.0M-$4.0M-$11.9M
Comprehensive income attributable to common shareholders$92.7M$72.3M$248.3M

Compare Urban Edge Properties with another company

Corporate structure

Urban Edge Properties sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Urban Edge Properties

  • Urban Edge Properties New York, New York

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Urban Edge Properties reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$669.1M3 Dec 31, 2025$660.2M3 Dec 31, 2024+1.3%
Finance-lease assets$2.7M3 Dec 31, 2025$2.7M3 Dec 31, 20240%
Operating-lease assets (leased space)$58.9M3 Dec 31, 2025$65.5M3 Dec 31, 2024−10.0%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net$2.9B3 Dec 31, 2025$2.9B3 Dec 31, 2024+1.5%
Real estate investments, at cost$3.8B3 Dec 31, 2025$3.8B3 Dec 31, 2024+2.5%
Real estate accumulated depreciation$935.5M3 Dec 31, 2025$886.9M3 Dec 31, 2024+5.5%
Area of real estate17.2 million sq ft3 Dec 31, 202517.4 million sq ft7 Dec 31, 2024−1.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$48.9M3 Dec 31, 2025$41.4M3 Dec 31, 2024+18.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Accumulated amortization$70.5M3 Dec 31, 2025$65.0M3 Dec 31, 2024+8.4%
Finite-lived intangibles, net$87.6M3 Dec 31, 2025$109.8M3 Dec 31, 2024−20.2%

Properties, in its own words

As of December 31, 2025, our portfolio was comprised of 69 shopping centers, two outlet centers and two malls totaling approximately 17.2 million sf. We own our two outlet centers, one mall and 54 shopping centers 100% in fee simple. We own a 95% interest in Walnut Creek (Mt. Diablo), an 82.5% interest in Sunrise Mall in Massapequa, NY and lease 14 of our shopping centers under ground and/or building leases. As of December 31, 2025, we had $1.6 billion of outstanding mortgage indebtedness which is secured by our properties. The following pages provide details of our properties as of December 31, 2025.

Property · Total Square Feet (1) · Percent Leased(1) · Weighted Average Annual Rent per sq ft (2) · Major Tenants

The rest of Item 2

RETAIL PORTFOLIO:

California:

Walnut Creek (Mt. Diablo)(4) · 7,000 · 100.0% · $70.56 · Sweetgreen

Walnut Creek (Olympic) · 31,000 · 100.0% · 80.50 · Anthropologie

Connecticut:

Newington Commons · 189,000 · 90.0% · 10.52 · Walmart, Bob's Discount Furniture

Maryland:

Goucher Commons · 155,000 · 100.0% · 26.53 · Sprouts, HomeGoods, Five Below, Ulta, Kirkland's, DSW, Golf Galaxy, La-Z-Boy

Rockville Town Center · 98,000 · 100.0% · 13.37 · Regal Entertainment Group

The Village at Waugh Chapel(5) · 382,000 · 95.7% · 24.62 · Safeway, Marshalls, HomeGoods, T.J. Maxx, LA Fitness

Wheaton (leased through 2060)(3) · 66,000 · 100.0% · 18.35 · Best Buy

Woodmore Towne Centre · 712,000 · 98.5% · 17.99 · Costco, Wegmans, At Home, Best Buy, LA Fitness, Nordstrom Rack

Massachusetts:

Brighton Mills(5) · 91,000 · 100.0% · 26.50 · Star Market, Petco

Cambridge (leased through 2033)(3) · 48,000 · 100.0% · 28.58 · PetSmart, Central Rock Gym

Gateway Center · 640,000 · 99.6% · 9.66 · Costco, Target, Home Depot, Total Wine, Boot Barn (lease not commenced)

Shoppers World · 754,000 · 100.0% · 23.07 · T.J. Maxx, Marshalls, HomeSense, Sierra Trading, Public Lands, Golf Galaxy, Nordstrom Rack, Hobby Lobby, AMC, Kohl's, Best Buy

The Shops at Riverwood · 79,000 · 100.0% · 27.45 · Price Rite, Planet Fitness, Goodwill

Wonderland Marketplace · 140,000 · 100.0% · 14.44 · Planet Fitness, Marshalls, Burlington, Get Air

Missouri:

Manchester Plaza · 131,000 · 100.0% · 12.18 · Pan-Asia Market, Academy Sports, Bob's Discount Furniture

New Hampshire:

Salem (leased through 2102)(3) · 39,000 · 100.0% · 10.82 · Fun City

New Jersey:

Bergen Town Center - East(5) · 209,000 · 100.0% · 20.40 · Lowe's, Best Buy

Bergen Town Center - West · 1,011,000 · 97.3% · 34.30 · Target, Whole Foods Market, Burlington, Marshalls, Nordstrom Rack, Saks Off 5th, HomeGoods, H&M, Bloomingdale's Outlet, Nike Factory Store, Old Navy, Kohl's, World Market

Briarcliff Commons · 180,000 · 100.0% · 25.13 · Uncle Giuseppe's, Kohl's

Brick Commons · 281,000 · 100.0% · 22.62 · ShopRite, Kohl's, Marshalls, Old Navy

Brunswick Commons · 427,000 · 100.0% · 16.17 · Lowe's, Kohl's, Dick's Sporting Goods, P.C. Richard & Son, T.J. Maxx, LA Fitness

Carlstadt Commons (leased through 2050)(3) · 78,000 · 98.3% · 21.78 · Food Bazaar

Garfield Commons · 298,000 · 100.0% · 16.75 · Walmart, Burlington, Marshalls, PetSmart, Ulta

Greenbrook Commons · 170,000 · 100.0% · 20.20 · BJ's Wholesale Club, Aldi

Hackensack Commons · 275,000 · 100.0% · 26.53 · The Home Depot, 99 Ranch, Staples, Petco

Hanover Commons · 343,000 · 100.0% · 24.00 · The Home Depot, Dick's Sporting Goods, Saks Off 5th, Marshalls

Heritage Square · 87,000 · 100.0% · 31.74 · HomeSense, Sierra Trading Post, Ulta

Hudson Commons · 236,000 · 96.1% · 14.88 · Lowe's, P.C. Richard & Son, Boot Barn

Hudson Mall · 359,000 · 80.8% · 21.18 · Marshalls, Retro Fitness, Staples, Old Navy, Burlington (lease not commenced), national off-price retailer (lease not commenced)

Kearny Commons · 123,000 · 100.0% · 25.53 · LA Fitness, Marshalls, Ulta

Ledgewood Commons · 447,000 · 80.0% · 17.30 · Walmart, Ashley Furniture, Barnes & Noble, Burlington, DSW, Marshalls, Old Navy, Ulta

Lodi Commons · 43,000 · 96.3% · 23.23 · Dollar Tree

Manalapan Commons · 194,000 · 99.0% · 23.77 · Best Buy, Raymour & Flanigan, PetSmart, Avalon Flooring, Atlantic Health, Nordstrom Rack

Marlton Commons · 224,000 · 100.0% · 19.32 · ShopRite, Kohl's, PetSmart

Millburn Gateway Center · 104,000 · 92.2% · 32.22 · Trader Joe's, CVS, PetSmart

Montclair · 18,000 · 100.0% · 35.20 · Whole Foods Market

Paramus (leased through 2033)(3) · 63,000 · 100.0% · 49.97 · 24 Hour Fitness

Plaza at Cherry Hill · 414,000 · 67.3% · 16.28 · Aldi, Total Wine, LA Fitness, Raymour & Flanigan, Guitar Center

Plaza at Woodbridge · 294,000 · 97.1% · 21.92 · Best Buy, Raymour & Flanigan, Lincoln Tech, UFC Gym, Trader Joe's, national off-price retailer (lease not commenced)

Rockaway River Commons · 189,000 · 100.0% · 15.88 · ShopRite, T.J. Maxx

Rutherford Commons (leased through 2099)(3) · 196,000 · 100.0% · 13.96 · Lowe's

Stelton Commons (leased through 2039)(3) · 56,000 · 100.0% · 22.22 · Staples, Party City

Tonnelle Commons · 410,000 · 100.0% · 23.47 · BJ's Wholesale Club, Walmart, PetSmart

Totowa Commons · 272,000 · 100.0% · 22.58 · The Home Depot, Staples, Tesla, Lidl (lease not commenced), Boot Barn (lease not commenced)

Town Brook Commons · 232,000 · 87.0% · 14.94 · Stop & Shop, Kohl's

West Branch Commons · 279,000 · 98.7% · 17.50 · Lowe's, Burlington

West End Commons · 241,000 · 100.0% · 11.99 · Costco, The Tile Shop, La-Z-Boy, Petco, Da Vita Dialysis

Woodbridge Commons · 225,000 · 100.0% · 14.38 · Walmart, Dollar Tree, Advance Auto Parts

New York:

Amherst Commons · 311,000 · 98.1% · 11.35 · BJ's Wholesale Club, Burlington, LA Fitness, Ross Dress for Less, Bob's Discount Furniture

Bruckner Commons(5) · 335,000 · 90.2% · 42.18 · ShopRite, Burlington, BJ's Wholesale Club (lease not commenced), national off-price retailer (lease not commenced)

Burnside Commons · 100,000 · 90.2% · 18.55 · Bingo Wholesale

Cross Bay Commons · 44,000 · 100.0% · 43.08 · Northwell Health

Dewitt (leased through 2041)(3) · 46,000 · 100.0% · 19.36 · Best Buy

Item 2 of the 10-K filed Feb 11, 2026.12

Leadership

Who has led Urban Edge Properties, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (20)

Former names

  • Vornado SpinCoJun 26, 2014 to Sep 19, 20142

Timeline

  1. May 6, 20268-K Shareholder vote39
  2. May 8, 20258-K Shareholder vote40
  3. May 6, 20248-K Executive or director change; Shareholder vote41
  4. May 8, 20238-K Shareholder vote42
  5. Sep 23, 20228-K Shareholder vote43
  6. May 5, 20228-K Shareholder vote44
  7. Mar 2, 20228-K Bylaws or fiscal year changed; Other events45
  8. Oct 4, 20218-K Other events46
  9. Dec 30, 2014New chief executive Jeffrey S. Olson becomes CEO13

Calendar

Coming up

  1. Oct 28, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.36 a share, on Oct 29, 2025.47

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

175 filings to the SEC since October 2021: 8 major events, 114 insider forms, 24 large holders, 29 other. The latest 20:

  1. Jul 13, 2026SCHEDULE 13G/A EDGAR
  2. May 12, 20264 EDGAR
  3. May 11, 20264 EDGAR
  4. May 8, 2026144 EDGAR
  5. May 8, 20264 EDGAR
  6. May 8, 20264 EDGAR
  7. May 8, 20264 EDGAR
  8. May 8, 20264 EDGAR
  9. May 8, 20264 EDGAR
  10. May 8, 20264 EDGAR
  11. May 8, 20264 EDGAR
  12. May 6, 20268-K EDGAR
  13. Apr 30, 2026SCHEDULE 13G EDGAR
  14. Mar 26, 2026SCHEDULE 13G/A EDGAR
  15. Mar 24, 2026ARS EDGAR
  16. Mar 24, 2026DEFA14A EDGAR
  17. Mar 24, 2026DEF 14A EDGAR
  18. Mar 16, 20264 EDGAR
  19. Mar 16, 20264 EDGAR
  20. Mar 16, 20264 EDGAR

The 175 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

11 open-market trades by officers, directors and large owners since October 2021: 0 buys and 11 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 11, 2026Olson Jeffrey SChairman of the Board & CEOSale19,034$21.62$411.5KForm 4
May 8, 2026Olson Jeffrey SChairman of the Board & CEOSale161,553$21.73$3.5MForm 4
May 13, 2025Milton Robert CGeneral Counsel and SecretarySale26,000$18.78$488.3KForm 4
Feb 18, 2025Olson Jeffrey SChairman of the Board & CEOSale122,198$20.54$2.5MForm 4
Feb 14, 2025Olson Jeffrey SChairman of the Board & CEOSale177,802$20.95$3.7MForm 4
Dec 11, 2024Olson Jeffrey SChairman of the Board & CEOSale240,000$22.45$5.4MForm 4
Dec 5, 2024Olson Jeffrey SChairman of the Board & CEOSale44,403$22.55$1.0MForm 4
Dec 4, 2024Olson Jeffrey SChairman of the Board & CEOSale188,733$22.81$4.3MForm 4
Nov 11, 2024Langer MarkChief Financial OfficerSale93,962$23.57$2.2MForm 4
Mar 12, 2024Milton Robert C. IIIGeneral Counsel and SecretarySale26,333$17.02$448.2KForm 4
Feb 17, 2023Milton Robert C. IIIGeneral Counsel and SecretarySale20,000$15.83$316.6KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Jeffrey S. OlsonChairman and Chief Executive Officer58$1.1M$8.1M57
2025Jeffrey S. MooallemExecutive Vice President and Chief Operating Officer56$625.0K$3.1M57
2025Mark J. LangerExecutive Vice President and Chief Financial Officer59$622.0K$2.9M57
2025Robert C. Milton IIIFormer Executive Vice President, General Counsel & Secretary$521.1K$1.7M57
2025Heather OhlbergExecutive Vice President, General Counsel & Secretary46$525.0K$1.6M57
2024Jeffrey S. OlsonChairman and Chief Executive Officer58$1.1M$10.1M57
2024Jeffrey S. MooallemExecutive Vice President and Chief Operating Officer56$625.0K$4.1M57
2024Mark J. LangerExecutive Vice President and Chief Financial Officer59$622.0K$3.8M57
2024Robert C. Milton IIIFormer Executive Vice President, General Counsel & Secretary$433.0K$2.1M57
2023Jeffrey S. OlsonChairman and Chief Executive Officer58$1.1M$7.6M57
2023Jeffrey S. MooallemExecutive Vice President and Chief Operating Officer56$588.9K$3.0M57
2023Mark J. LangerExecutive Vice President and Chief Financial Officer59$619.2K$2.7M57
2023Robert C. Milton IIIFormer Executive Vice President, General Counsel & Secretary$431.0K$1.4M57

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.22,889,642$523.7M0.0%−152,259
Fmr LLC18,432,638$421.7M0.0%−460,760
Vanguard Portfolio Management LLC14,383,809$329.1M0.0%+236,272
State Street Corp7,252,805$165.9M0.0%+99,675
Vanguard Capital Management LLC5,666,259$129.6M0.0%−15,985
Jennison Associates LLC4,757,938$108.9M0.1%+172,682
Resolution Capital Ltd4,190,823$95.9M1.8%+249,885
Millennium Management LLC3,748,004$85.8M0.1%+2,387,790
Geode Capital Management, LLC3,578,684$81.9M0.0%+195,581
Westwood Holdings Group Inc3,024,783$69.2M0.5%−520,226
Charles Schwab Investment Management Inc2,658,155$60.8M0.0%+86,768
Dimensional Fund Advisors LP1,885,281$43.1M0.0%+17,974
Nuveen, LLC1,866,881$42.7M0.0%−79,292
Northern Trust Corp1,788,622$40.9M0.0%+97,413
Morgan Stanley1,524,275$34.9M0.0%+308,845
Massachusetts Financial Services Co /ma/1,233,072$28.2M0.0%−57,905
Bank of New York Mellon Corp1,099,285$25.2M0.0%−152,782
Wellington Management Group Llp972,219$22.2M0.0%−1,748,549
Vanguard Fiduciary Trust Co838,504$19.2M0.0%+24,401
Panagora Asset Management Inc837,934$19.2M0.1%+332,211
Fisher Asset Management, LLC778,973$17.8M0.0%+145,730
Legal & General Group Plc777,116$17.8M0.0%−33,738
Citadel Advisors LLC708,725$16.2M0.0%−1,469,013
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC689,696$15.8M0.0%+16,867
Goldman Sachs Group Inc673,315$15.4M0.0%−471,789

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

5 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Oct 31, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+12.8%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−13.8%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+13.8%Report
Jun 17, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−24.1%Report
Jul 12, 2023Daniel S. GoldmanDemocratic, HouseSale$1,001 - $15,000+56.5%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Urban Edge Properties is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARUrban Edge Properties1
  • CIK0001611547
  • Employer ID (EIN)47-631126612
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company12
  • Incorporated inMaryland12
  • Fiscal year endsDecember 311
  • Industry code (SIC)6500 Real Estate1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address12 East 49Th Street, 44Th Floor, New York, NY 100171
  • Phone21295625561
  • Shares outstanding126,019,994 as of Apr 24, 202610
  • Public float$2.5B as of Jun 30, 202512
  • AuditorDELOITTE & TOUCHE LLP, New York, New York PCAOB ID 34; it also attests to the company’s internal control over financial reporting12
  • On EDGAR sinceJun 26, 20141
  • Filings651 in all: 4 (291), 8-K (137), SC 13G/A (44), 10-Q (35), 3 (30), 10-K (12), DEF 14A (11), DEFA14A (11)1
    All 25 form types

    SC 13G (11), 144 (10), UPLOAD (8), 424B5 (7), CORRESP (7), 4/A (6), SCHEDULE 13G/A (5), ARS (4), S-3ASR (4), 10-12B/A (3), 5 (3), 8-K/A (3), S-8 (3), 10-K/A (2), SCHEDULE 13G (2), 10-12B (1), CERTNYS (1)

  • Latest filingsAnnual report (10-K) Feb 11, 2026
    Quarterly report (10-Q) Aug 6, 2026
    Proxy statement (DEF 14A) Mar 24, 2026
    Latest 8-K (8-K) Aug 6, 2026

Securities registered for trading

ClassSymbolExchange
Common Shares, $.01 par value per shareUENew York Stock Exchange

From the cover page of the 10-K filed Feb 11, 2026 (Section 12(b) of the Exchange Act).12

Risk factors and legal proceedings

The risks Urban Edge Properties names in Item 1A of its 10-K filed Feb 11, 2026: 44 risks under these headings, as written.12

  • RISKS RELATED TO OUR BUSINESS AND OPERATIONS
  • Inflation, cost of capital and related volatility in the economy could negatively impact our results of operations and our tenants.
  • International trade disputes, including U.S. trade tariffs and retaliatory tariffs, or anticipation of the same, could adversely impact our business.
  • Actual or perceived threats associated with epidemics, pandemics or other public health crises have had, and could have in the future, a material adverse effect on our and our tenants’ businesses, financial condition, results of operations, cash flow, liquidity, and ability to access the capital markets and satisfy debt service obligations.
  • E-commerce may have an adverse impact on our tenants and our business.
  • Retail real estate is a competitive business.
  • We depend on leasing space to tenants on economically favorable terms and on collecting rent from tenants who ultimately may not be able to pay.
  • We may be unable to renew leases or relet space as leases expire on terms comparable to prior leases or at all.
  • Bankruptcy or insolvency of tenants may decrease our revenues, net income and available cash.
  • A significant number of our properties are located in the New York metropolitan area and are affected by the economic cycles there.
  • Some of our properties depend on anchor or major tenants and decisions made by these tenants, or adverse developments in the businesses of these tenants, could materially and adversely affect our business, results of operations and financial condition.
  • Development and redevelopment activities have inherent risks, which could adversely impact our cash flow, financial condition and results of operations.
The other 33 risks
  • We face significant competition for acquisitions of properties, which may reduce the number of acquisition opportunities available to us and increase the costs of these acquisitions.
  • Our operating results at acquired properties may not meet our financial expectations.
  • It may be difficult to dispose of real estate quickly, which may limit our flexibility.
  • Many real estate costs are fixed, even if income from our properties decreases.
  • A number of properties in our portfolio are subject to ground or building leases; if we are found to be in breach of a ground or building lease or are unable to renew a ground or building lease, we could be materially and adversely affected.
  • Our assets may be subject to impairment charges.
  • Departure or loss of key management could adversely affect our business and operations.
  • RISKS RELATED TO OUR LIQUIDITY AND INDEBTEDNESS
  • Risks related to our outstanding debt.
  • Covenants in our existing financing agreements may restrict our operating, financing, redevelopment, development, acquisition and other activities.
  • Defaults on secured indebtedness may result in foreclosure.
  • We may not be able to obtain capital to make investments.
  • RISKS RELATED TO BUSINESS CONTINUITY
  • We face risks associated with security and cyber security breaches.
  • Our business and operations would suffer in the event of system failures.
  • Risks related to our properties in Puerto Rico.
  • Natural disasters and climate change could have a concentrated impact on us.
  • Some of our potential losses may not be covered by insurance.
  • Terrorist acts and shooting incidents could harm the demand for, and the value of, our properties.
  • RISKS RELATED TO ENVIRONMENTAL LIABILITY AND REGULATORY COMPLIANCE
  • We may be adversely affected by laws, regulations or other issues related to climate change.
  • We may incur significant costs to comply with environmental laws and environmental contamination may impair our ability to lease and/or sell real estate.
  • Increased scrutiny and changing expectations from investors, customers, employees, and others regarding our Corporate Responsibility practices and reporting could cause us to incur additional costs, devote additional resources and expose us to additional risks, which could adversely impact our reputation, customer acquisition and retention, access to capital and employee retention.
  • Compliance or failure to comply with the Americans with Disabilities Act, safety regulations or other requirements could result in substantial costs.
  • RISKS RELATED TO OUR STATUS AS A REIT
  • We may fail to qualify or remain qualified as a REIT and may be required to pay income taxes at corporate rates.
  • REIT distribution requirements could adversely affect our liquidity and our ability to execute our business plan.
  • Risks related to Section 1031 Exchanges.
  • We face possible adverse changes in tax law.
  • RISKS RELATED TO OUR ORGANIZATION AND STRUCTURE
  • Our Declaration of Trust sets limits on the ownership of our shares.
  • Our Declaration of Trust limits the removal of members of the Board of Trustees.
  • Maryland law contains provisions that may reduce the likelihood of certain takeover transactions.
  • We may issue additional shares in a manner that could adversely affect the likelihood of certain takeover transactions.
  • RISKS RELATED TO AN INVESTMENT IN OUR COMMON SHARES
  • The market prices and trading volume of our equity securities may be volatile.
  • We cannot guarantee the timing, amount, or payment of dividends on our common shares.
  • Your percentage of ownership in our Company may be diluted in the future.
  • Inflation and related volatility in the economy could negatively impact the value of our publicly-traded equity securities.

Legal proceedings

From time to time, we are a party to various legal proceedings, claims or regulatory inquiries and investigations arising out of, or incident to, our ordinary course of business. While we are unable to predict with certainty the outcome of any particular matter, management does not currently expect, when such matters are resolved, that our resulting exposure to loss contingencies, if any, will have a material adverse effect on our results of operations or consolidated financial position.

The opening of Item 3, Legal Proceedings.12

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
    SEC EDGAROther events
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57