Urban Edge Properties shareholders approved Non-binding advisory resolution to approve the compensation of the Company’s named executive officers at the 2026-05-06 meeting.
“Proposal 3. Non-binding advisory resolution to approve the compensation of the Company’s named executive officers as disclosed in the Company’s proxy statement, filed with the Securities and Exchange Commission on March 24, 2026 (the “Proxy Statement”).”
Shareholder Votes
Urban Edge Properties shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-06 meeting.
“Proposal 2. Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Shareholder Votes
Urban Edge Properties shareholders approved Election of eight nominees to serve on the Board of Trustees until the 2027 annual meeting at the 2026-05-06 meeting.
“Proposal 1. Election of eight nominees to serve on the Board of Trustees of the Company until the Company’s annual meeting of shareholders in 2027 and until their successors are duly elected and qualify.”
Earnings Releases
Urban Edge Properties reported the quarter ended March 31, 2026 results: net income $22,645, EPS 0.18. Guidance raised.
“into sustained long-term growth," he concluded. Financial Results (1)(2) (in thousands, except per share amounts) 1Q26 1Q25 Net income attributable to common shareholders $ 22,645 $ 8,198 Net income per diluted share 0.18 0.07 Funds from Operations ("FFO") 55,657 45,458 FFO per diluted share 0.42 0.35 FFO as Adjusted 47,569 45,921 FFO as Adjusted per”
Debt Financings
Urban Edge Properties incurred term loan of $125 million with Wells Fargo Bank, National Association, as administrative agent at SOFR-based rate or a base rate plus an applicable margin; current margin 1.15% f maturing June 30, 2031.
“The Restated Credit Agreement also adds a term loan facility (the “Five Year Term Facility”) with an available amount of $125 million and a term ending June 30, 2031.”
Debt Financings
Urban Edge Properties amended revolving credit of $700 million with Wells Fargo Bank, National Association, as administrative agent at SOFR-based rate or a base rate plus an applicable margin; current margin 1.00% f maturing June 28, 2030.
“The Restated Credit Agreement decreases the available amount under the Operating Partnership’s revolving credit facility (the “Revolving Credit Facility”) from $800 million to $700 million, extends the term of the Revolving Credit Facility from February 9, 2027 to June 28, 2030, with two 6-month extension options, adjusts the applicable interest rates, and makes certain other modifications.”
Material Agreements
Urban Edge Properties entered into Second Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as administrative agent (effective 2026-01-22).
“On January 22, 2026 (the “Effective Date”), the Operating Partnership entered into the Second Amended and Restated Credit Agreement (the “Restated Credit Agreement”), by and among the Operating Partnership, as borrower, Wells Fargo Bank, National Association, as administrative agent”
Heather Ohlberg was appointed as Executive Vice President, General Counsel and Secretary at Urban Edge Properties.
“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.”
Robert C. Milton III departed as Executive Vice President, General Counsel and Secretary at Urban Edge Properties.
“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.”
Earnings Releases
Urban Edge Properties reported the quarter ended March 31, 2024 results: net income $ 2,603, EPS 0.02. Guidance raised.
“Financial Results (1)(2) (in thousands, except per share amounts) 1Q24 1Q23 Net income (loss) attributable to common shareholders $ 2,603 $ (19,118) Net income (loss) per diluted share 0.02 (0.16)”
Earnings Releases
Urban Edge Properties reported financial results for the quarter and year ended December 31, 2023.
“On February 14, 2024, the Company announced its financial results for the three and twelve months ended December 31, 2023.”
Earnings Releases
Urban Edge Properties reported the quarter ended September 30, 2023 results: net income $36,118, EPS 0.31. Guidance raised.
“On October 31, 2023, the Company announced its financial results for the three and nine months ended September 30, 2023.”
Earnings Releases
Urban Edge Properties updated its the three and six months ended June 30, 2023 guidance (raised).
“On August 2, 2023, the Company announced its financial results for the three and six months ended June 30, 2023.”
Earnings Releases
Urban Edge Properties reported the quarter ended March 31, 2023 results: net income net loss attributable to common shareholders of $19.1 million, EPS $(0.16) per diluted share.
“Generated a net loss attributable to common shareholders of $19.1 million, or $(0.16) per diluted share, for the first quarter of 2023 compared to net income of $9.5 million, or $0.08 per diluted share, for the first quarter of 2022.”
Shareholder Votes
Urban Edge Properties shareholders approved Non-binding advisory resolution to approve the compensation of the Company's named executive officers as disclosed in the Company's proxy statement at the 2023-05-03 meeting.
“In accordance with the voting results listed below, shareholders approved, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the Proxy Statement.”
Shareholder Votes
Urban Edge Properties shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-03 meeting.
“In accordance with the voting results listed below, shareholders ratified the appointment of Deloitte & Touche LLP as the Company's independent public accountants for the fiscal year ending December 31, 2023.”
Shareholder Votes
Urban Edge Properties shareholders approved Election of nine nominees to serve on the Board of Trustees until the 2024 annual meeting at the 2023-05-03 meeting.
“In accordance with the voting results listed below, shareholders elected as trustees each of Jeffrey S. Olson, Mary L. Baglivo, Steven H. Grapstein, Steven J. Guttman, Norman K. Jenkins, Kevin P. O'Shea, Catherine D. Rice, Katherine M. Sandstrom and Douglas W. Sesler to serve until the 2024 annual meeting and until their successors are duly elected and qualify.”
Catherine D. Rice was appointed as trustee at Urban Edge Properties.
“the Board of Trustees of the Company (the "Board") voted to appoint Catherine D. Rice as a trustee effective March 15, 2023”
Earnings Releases
Urban Edge Properties reported the quarter and year ended December 31, 2022 results: net income $13.7 million, or $0.12 per diluted share, for the quarter...and $46.2 million, or $0.39 per diluted share for the year. Guidance initiated.
“On February 14, 2023, the Company announced its financial results for the three and twelve months ended December 31, 2022.”
Earnings Releases
Urban Edge Properties reported the nine months ended September 30, 2022 results: net income $32.5 million, EPS $0.28 per diluted share.
“Generated net income attributable to common shareholders of $11.4 million, or $0.10 per diluted share, for the third quarter of 2022 compared to $27.8 million, or $0.24 per diluted share, for the third quarter of 2021 and $32.5 million, or $0.28 per diluted share, for the nine months ended September 30, 2022 compared to $60.2 million, or $0.51 per diluted share, for the nine months ended September 30, 2021.”
Earnings Releases
Urban Edge Properties reported the third quarter of 2022 results: net income $11.4 million, EPS $0.10 per diluted share.
“Generated net income attributable to common shareholders of $11.4 million, or $0.10 per diluted share, for the third quarter of 2022 compared to $27.8 million, or $0.24 per diluted share, for the third quarter of 2021 and $32.5 million, or $0.28 per diluted share, for the nine months ended September 30, 2022 compared to $60.2 million, or $0.51 per diluted share, for the nine months ended September 30, 2021.”
Jeffrey Mooallem was appointed as Executive Vice President and Chief Operating Officer at Urban Edge Properties.
“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.”
Herbert Eilberg resigned as Chief Investment Officer at Urban Edge Properties.
“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.”
Jennifer Holmes departed as Chief Accounting Officer at Urban Edge Properties.
“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.”
Katherine M. Sandstrom was appointed as trustee at Urban Edge Properties.
“the Board of Trustees of the Company (the "Board") voted to appoint Katherine M. Sandstrom as a trustee effective October 1, 2022”
Susan L. Givens retired as member of the Board at Urban Edge Properties.
“Susan L. Givens notified the Board of her decision to retire as a member of the Board, effective September 1, 2022”
Mary L. Baglivo was appointed as Trustee at Urban Edge Properties.
“the Board of Trustees of the Company (the "Board") voted to appoint Mary L. Baglivo as a trustee effective September 1, 2022”
Norman Jenkins was appointed as trustee at Urban Edge Properties.
“increased the number of trustees comprising the Board from nine to ten and appointed Norman Jenkins as a trustee effective November 22, 2021”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.