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.
Urban Edge Properties reports FY23 FFO as adj $1.25/share; raises dividend 6%; provides 2024 outlook
Net income for FY23 $248.5M vs $46.2M; FFO as adj per share $1.25 vs $1.21 (+3.3%).
Q3 FFO as Adjusted $0.32/shr vs $0.30 YoY; net income $36.1M includes $43M debt extinguishment gain.
Urban Edge Properties posts August 2023 investor presentation without disclosed details
Company made investor presentation available through its website on August 30, 2023.
Urban Edge Properties Q2 FFO as adjusted $0.30, raises 2023 guidance to $1.16-$1.19
Q2 net income $10.3M ($0.09/diluted); FFO as adjusted $0.30, flat YoY; same-property NOI growth 2.3%.
Urban Edge Properties reports Q1 2023 net loss $19.1M on $34.1M impairment; FFO rises to $0.32/share
Net loss $(0.16)/share vs income $0.08 in Q1 2022; impairment charge of $34.1M on Kingswood Center.
Shareholders elected all nine trustee nominees, including Jeffrey S. Olson, Mary L. Baglivo, and Steven H. Grapstein, with votes ranging from 105.9M to 108.5M in favor.
Urban Edge raises 2023 FFO guidance to $1.16/share midpoint, targets $1.35 FFO in 2025
2023 FFO as Adjusted guidance raised by $0.02 to $1.16 at midpoint; same-property NOI growth guided 0%–2%.
2022 FFO as adjusted per share up 11% YoY; same-property NOI growth 4.1%.
Urban Edge Properties appoints Catherine D. Rice to Board of Trustees effective March 15, 2023
Catherine D. Rice appointed as trustee effective March 15, 2023; term until 2023 annual meeting.
Urban Edge Properties posts March 2023 investor presentation on website
Company furnished investor presentation as Exhibit 99.1 to Form 8-K.
Urban Edge Properties Q4 FFO as Adjusted up 22% YoY; provides 2023 guidance
Q4 FFO as Adjusted $0.33 per share ($40.6M), up 22% vs Q4 2021; full year $1.21, up 11%.
Urban Edge Properties posts November 2022 investor presentation
Company made investor presentation available on its website on November 15, 2022.
Urban Edge Properties Q3 FFO as Adjusted $0.30 vs $0.28; FY22 guidance $1.17-$1.19
Net income $11.4M ($0.10 diluted) vs $27.8M ($0.24) in Q3 2021; adjusted FFO per share up 7%.
Urban Edge Properties appoints Jeffrey Mooallem as COO; Chris Weilminster to depart Nov 18, 2022
Jeffrey Mooallem appointed EVP and COO effective Jan 9, 2023; previously CEO of Gazit Horizons.
Urban Edge Properties CIO Herbert Eilberg resigns effective Oct 14, 2022
Herbert Eilberg, Chief Investment Officer, notified resignation on Sept 28, 2022.
Urban Edge Properties to hold annual say-on-pay votes through 2028 following shareholder vote
Majority of shareholders voted for annual advisory votes on executive compensation.
Urban Edge appoints new trustee Sandstrom; CAO Holmes departs, Drazin succeeds
Katherine M. Sandstrom appointed to Board of Trustees effective Oct 1, 2022; will serve on Audit and Governance Committees.
Urban Edge Properties appoints Mary Baglivo to board; Susan Givens retires
Mary L. Baglivo appointed to Board of Trustees effective September 1, 2022; will serve on Governance and Compensation Committees.
Urban Edge Properties enters $250M ATM equity distribution agreement with forward sale option
Up to $250M in common shares may be sold through agents or via forward sale agreements.
Urban Edge Properties expands revolving credit facility to $800M, extends maturity to 2027
Unsecured revolver increased from $600M to $800M; accordion feature allows up to $1.0B.
Urban Edge Properties Q2 2022 FFO as Adj. $0.30/share; record leasing of 716K sf
Net income $11.6M ($0.10/diluted) vs $12.5M ($0.11) in Q2 2021; FFO as Adj. $36.8M ($0.30) vs $34.5M ($0.28).
Urban Edge Properties updates investors with June 2022 presentation: 75 properties, 94% occupancy
Portfolio: 75 properties, 17.2M sf GLA including 1.3M sf industrial; ~90% of value in DC-to-Boston corridor.
Urban Edge Properties Q1 FFO rises to $0.28/share; same-property NOI up 5.5%
Net income of $9.5M ($0.08 diluted) vs $19.9M ($0.17) YoY; decrease due to $11.7M prior-year gain on sale.
Urban Edge Properties annual meeting: two trustees re-elected with >19% against votes
All eight trustee nominees elected; Steven Grapstein received 24% against (25.75M) and Steven Roth 19% against (20.30M).
UE annual letter details 6-7% FFO growth plan; 2021 FFO adj. $1.09 (+24% YoY)
2021 FFO as Adjusted grew 24% to $1.09 per share; same-property NOI +14%; occupancy 94.1% (+250 bps).
Adopted proxy access: shareholder or group of up to 20 owning 3%+ for 3 years may nominate up to 2 or 20% of board members.
Urban Edge Properties provides March 2022 investor presentation with portfolio and financial update
75 properties totaling 17.2M sf GLA, ~90% of value in DC-to-Boston corridor.
Net income $42.5M ($0.36/sh) vs $19.0M ($0.16/sh) in Q4 2020; FFO as adjusted $0.27/sh vs $0.23/sh.
Furnishes Q4 2021 investor presentation; no specific data in exhibit text
Presentation dated February 2022 filed as Exhibit 99.1, likely covering Q4 2021 earnings.
Urban Edge Properties appoints Norman Jenkins to Board of Trustees effective Nov 22
Board expanded from 9 to 10 trustees; Jenkins appointed effective Nov 22, 2021.
Urban Edge Properties files November 2021 investor presentation; no specifics disclosed in filing
Investor presentation dated November 2021 furnished under Item 7.01 Regulation FD.
Urban Edge Q3 net income $27.8M vs loss of $5.6M; FFO $0.37; same-property NOI up 26.4%
Net income $27.8M ($0.24 diluted) vs net loss $5.6M ($0.05 loss) Q3 2020; FFO as Adj $0.28 vs $0.19.
Urban Edge Properties to pay $20M to terminate Sears/Kmart leases at 3 malls, regain control
Agreement with Transform HoldCo to terminate leases at Bruckner Commons, Sunrise Mall, and Outlets of Montehiedra, effective Oct 15, 2021.
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.
the Board of Trustees of the Company (the "Board") voted to appoint Catherine D. Rice as a trustee effective March 15, 2023
On October 18, 2022, the Company and Jeffrey Mooallem entered into an employment agreement appointing Mr. Mooallem as Executive Vice President and Chief Operating Officer, effective January 9, 2023.
On September 28, 2022, Herbert Eilberg, Chief Investment Officer of the Company, notified the Company that he is resigning from his position with the Company, effective at the close of business on October 14, 2022.
the Board of Trustees of the Company (the "Board") voted to appoint Katherine M. Sandstrom as a trustee effective October 1, 2022
Jennifer Holmes, Chief Accounting Officer of the Company and principal accounting officer, notified the Company that she would be resigning from her positions with the Company, effective at the close of business on October 14, 2022.
the Board of Trustees of the Company (the "Board") voted to appoint Mary L. Baglivo as a trustee effective September 1, 2022
Susan L. Givens notified the Board of her decision to retire as a member of the Board, effective September 1, 2022
increased the number of trustees comprising the Board from nine to ten and appointed Norman Jenkins as a trustee effective November 22, 2021
Max materiality 0.90 · Median 0.60 · Most common event earnings