Robert C. Milton III
On May 8, 2025, the Company and Robert C. Milton III determined that he would step down from his position as Executive Vice President, General Counsel and Secretary of the Company, effective May 31, 2025.
Highest-materiality recent filing
Approximately 94.92% of shares were present or represented by proxy at the May 6, 2026 annual meeting.
Urban Edge Properties Reports Q1 2026 Results, Raises FFO Guidance
Net income per diluted share rose to $0.18 from $0.07 in Q1 2025, and FFO per diluted share increased to $0.42 from $0.35.
Urban Edge reports record lease spreads of 32%, FFO as Adjusted up 6% in 2025; raises dividend 11%
Net income FY2025 $93.5M ($0.74 diluted EPS) vs $72.6M ($0.60) in 2024.
Revolving credit facility reduced to $700M from $800M; maturity extended to June 2030 (from Feb 2027) with two 6-month extension options.
Urban Edge Q3 net income $14.9M, FFO as Adj $0.36; raises 2025 FFO as Adj guidance to $1.43
Net income attributable to common shareholders $14.9M ($0.12 diluted) vs $9.1M ($0.07) in Q3 2024; FFO as Adjusted $0.36/sh vs $0.35.
Urban Edge Properties establishes $250M ATM equity program with forward sale options
Filed new Form S-3 shelf and equity distribution agreement for up to $250M in common shares (NYSE: UE).
Urban Edge Properties reports record Q2 FFO as Adjusted $0.36/share, raises FY2025 guidance
Net income $57.98M ($0.46 diluted EPS) vs $30.76M ($0.26) in Q2 2024; FFO as Adjusted $0.36/share, up 12.5% YoY.
Urban Edge Properties promotes Heather Ohlberg to General Counsel; Milton departs May 31
Robert C. Milton III stepping down as EVP, General Counsel & Secretary effective May 31, 2025; departure not related to disagreements.
All eight Board nominees (including Jeffrey S. Olson, Mary L. Baglivo, Norman K. Jenkins) received majority votes for election.
Urban Edge Q1 FFO as Adjusted up 6.0%, same-property NOI +3.8%
FFO as Adjusted per diluted share $0.35 vs $0.33 in Q1 2024; net income $8.2M ($0.07/diluted share).
Urban Edge Properties reports FY2024 FFO as Adjusted $1.35, up 8% YoY; raises dividend 12%
FFO as Adjusted per share $1.35 for FY2024, up 8% from $1.25 in FY2023.
Urban Edge Properties Q3 2024 FFO as Adjusted up 9%; raises full-year guidance
Q3 2024 FFO as Adjusted per diluted share $0.35, up 9% YoY from $0.32; net income $9.08M vs $36.12M due to prior-year debt gain.
Urban Edge Q2 FFO as Adjusted $0.32 (+7% YoY); raises FY2024 guidance low end
Net income $30.8M ($0.26/diluted) vs $10.3M ($0.09) prior year; includes $21.7M debt extinguishment gain.
Urban Edge Properties enters new employment agreement with CEO Jeffrey Olson through 2027
New agreement extends term to Sept 1, 2027 with auto-renewal; base salary $1.1M, target bonus 110% of base.
Urban Edge raises 2024 FFO guidance; Q1 results show strong leasing and acquisition activity
1Q24 FFO as Adjusted $0.33/sh (+4.4% YoY); 2024 guidance raised $0.03 to $1.30/sh midpoint.
Urban Edge Properties Q1 FFO as Adj $0.33/share; raises full-year guidance to $1.30 midpoint
Net income $2.6M ($0.02/diluted); FFO as Adj $0.33 vs $0.32 YoY.
Shareholders approve 2024 Omnibus Share Plan authorizing up to 3.7M common shares
At May 1 annual meeting, elected eight trustees; all received majority support.
On May 8, 2025, the Company and Robert C. Milton III determined that he would step down from his position as Executive Vice President, General Counsel and Secretary of the Company, effective May 31, 2025.
On May 8, 2025, the Board of Trustees of Urban Edge Properties, a Maryland real estate investment trust (the “Company”) promoted Heather Ohlberg, 45, to Executive Vice President, General Counsel and Secretary of the Company, effective June 1, 2025.
Max materiality 0.90 · Median 0.70 · Most common event earnings