Cedar Realty Trust

Whitestone REIT Files Definitive Proxy Materials and Mails Letter to Shareholders

Retrieved on: 
Friday, April 5, 2024
Failure, Letter, Growth, WSR, Trustee, Total shareholder return, Cedar Realty Trust, PECO, RMS, Sale, Security (finance), NOI, Morale, REIT, High, Investment, FFO, IVT, Annual general meeting, Management

HOUSTON, April 05, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that it has filed its definitive proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its 2024 Annual Meeting of Stockholders scheduled to be held on May 14th, 2024. Shareholders of record as of February 21, 2024, will be entitled to vote at the meeting.

Key Points: 
  • In conjunction with the definitive proxy filing, Whitestone has mailed a letter to the Company’s shareholders.
  • Under our new plan, we have paved the path forward to maximize value for Whitestone shareholders.
  • Voting for each of Whitestone’s nominees on the WHITE proxy card is in the best interests of all shareholders.
  • As previously mentioned, Erez’s mission seems to be to establish Bruce Schanzer’s credibility in the REIT activism arena and use Whitestone REIT as proof-of-concept.

Hagerstown Shopping Center, Valley Plaza, Redeveloped by Klein Enterprises

Retrieved on: 
Wednesday, January 25, 2023
Cedar Realty Trust, Heart, Macdonald, I-81, Hobby Lobby, Tractor Supply Company, Acquisition, McDonald's, Grocery Outlet, Retail

BALTIMORE, Jan. 25, 2023 /PRNewswire-PRWeb/ -- Klein Enterprises, a vertically integrated investor, developer, and operator of diversified real estate holdings, announced today that it has completed the redevelopment of the Valley Plaza shopping center in Hagerstown.

Key Points: 
  • BALTIMORE, Jan. 25, 2023 /PRNewswire-PRWeb/ -- Klein Enterprises, a vertically integrated investor, developer, and operator of diversified real estate holdings, announced today that it has completed the redevelopment of the Valley Plaza shopping center in Hagerstown.
  • Several new national retailers have signed leases with the shopping center, which currently has 2,600-23,380 square feet of space still available.
  • "We're pleased to offer an improved shopping experience for Valley Plaza's customers and look forward to continuing to expand our footprint in the area."
  • Klein purchased the shopping center in July 2022 as part of a larger portfolio acquisition from Cedar Realty Trust that included nine grocery-anchored shopping centers spanning Maryland, Virginia, and Pennsylvania.

Rayonier Announces the Election of Gregg A. Gonsalves to its Board of Directors

Retrieved on: 
Wednesday, November 16, 2022
Other Natural Resources, Forest Products, Other Construction & Property, Natural Resources, Construction & Property, REIT, Mechanical, Columbia University, Partner, Master of Business Administration, Jackie Robinson Foundation, RYN, Cowen Inc., Financial compensation, NYSE, Kushner Real Estate Group, Goldman, REIT, Cedar Realty Trust, Rayonier, Real, Goldman Sachs, Harvard University, Business administration, Professional Football Compensation Committee, Management, Inc., Science

Rayonier Inc. (NYSE:RYN) announced today that Gregg A. Gonsalves has been elected to its Board of Directors.

Key Points: 
  • Rayonier Inc. (NYSE:RYN) announced today that Gregg A. Gonsalves has been elected to its Board of Directors.
  • He previously served as Chairman of the Board of Directors of Cedar Realty Trust, a grocery-anchored public REIT.
  • Gregg will add valuable insight and perspective to the Rayonier board, said Dod A. Fraser, Chairman of the Board.
  • To accommodate Mr. Gonsalves election, the board has expanded from nine members to ten, with nine independent members and the CEO.

Middleburg Communities Makes Two Strategic Additions to its Development Team

Retrieved on: 
Wednesday, November 2, 2022
Urban Planning, Men, REIT, Landscape, Interior Design, Family, Architecture, Social Media, Consumer, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Communications, Building Systems, Other Consumer, Women, Name, Growth, Dwell, Olympiacos B.C. B Development Team, DevOps, Architect, Acquisition, MBA, Economic development, History of the University of Maryland, College Park, Industry, Strategic Initiative for Women in the Horn of Africa, Character, Business, VP, AvalonBay Communities, University, Morehouse College, Senior, Wharton School of the University of Pennsylvania, Cedar Realty Trust, Hines Interests Limited Partnership, LLP, AUM, Bonner, Archstone, Economics, Management, Architecture, Design

Middleburg Communities (Middleburg) today announced it has made two strategic appointments to its development team, adding Carlos Bonner as Managing Director and Ed Ault as VP, Director of Design.

Key Points: 
  • Middleburg Communities (Middleburg) today announced it has made two strategic appointments to its development team, adding Carlos Bonner as Managing Director and Ed Ault as VP, Director of Design.
  • We are pleased to have two very experienced and highly successful professionals in Carlos and Ed join the Development Team at Middleburg, said Selim Tay-Agbozo, President of Middleburg Development.
  • He previously was Director of Design for AvalonBay Communities, where he managed the design process for a $3.5 billion pipeline of 60+ communities in various stages of development.
  • Ault will be based in Vienna and will report to Susie Maglich, Senior Vice President of Strategic Initiatives for Middleburg.

Cedar Realty Trust Announces Completion of Sale of Grocery-Anchored Portfolio and Redevelopment Property to DRA Advisors and KPR Centers

Retrieved on: 
Friday, July 8, 2022
Retail, Other Construction & Property, Supermarket, Commercial Building & Real Estate, Construction & Property, REIT, Acquisition, Annual report, Trust, Securities Act of 1933, Securities Exchange Act of 1934, REIT, Climate change, COVID-19, Sale, Company, Industry, World3 nonrenewable resource sector, U.S. Securities and Exchange Commission, Forward-looking statement, Bankruptcy, Risk, Wheeler, NYSE, Private Securities Litigation Reform Act, The Company, NASDAQ, Cedar, Vii, CDR, Information technology, Tenant, Cedar Realty Trust, Security (finance), Riverview Plaza, Bank

Cedar Realty Trust (NYSE: CDR) (the Company) today announced that it has completed the previously announced sale of a portfolio of 33 grocery-anchored shopping centers and a redevelopment property to a joint venture between a fund managed by DRA Advisors LLC and KPR Centers for total gross proceeds of approximately $879 million, including assumed debt.

Key Points: 
  • Cedar Realty Trust (NYSE: CDR) (the Company) today announced that it has completed the previously announced sale of a portfolio of 33 grocery-anchored shopping centers and a redevelopment property to a joint venture between a fund managed by DRA Advisors LLC and KPR Centers for total gross proceeds of approximately $879 million, including assumed debt.
  • The Company previously sold its Riverview Plaza redevelopment property for gross proceeds of approximately $34 million.
  • The completed transactions are the first step in the Companys previously announced sale of the Companys assets and subsequent merger in a series of related all-cash transactions.
  • Total net proceeds from the transactions, after all expenses, will be distributed to common shareholders upon the completion of the Wheeler merger.

Michael L. Ashner and Winthrop Strategic Real Estate Fund Issues Letter to New York City REIT Shareholders

Retrieved on: 
Monday, May 16, 2022
Investment, Stock dilution, Cedar Realty Trust, Sale, Company, Shareholder, REIT, NYSE, GLOBE, Security (finance), Cedar

That loss represents the true performance of the NYC board of directors over the term of their incumbency.

Key Points: 
  • That loss represents the true performance of the NYC board of directors over the term of their incumbency.
  • In 2021, the Company had a cash loss of close to ($8 million) but paid the external advisor close to $25 million in fees and reimbursements.
  • The disparity in the $25.84 book value and $10 share price means that any equity issuance would be highly dilutive to you as shareholders.
  • Winthrop Strategic Real Estate Fund is a private equity and debt investment fund focusing on distressed real estate opportunities and real estate securities investments.

CEDAR REALTY INVESTOR ALERT - Kuznicki Law PLLC Investigates Proposed Sale of Cedar Realty Trust, Inc. - CDR

Retrieved on: 
Wednesday, May 4, 2022
Legal, Professional Services, Company, NYSE, Cedar Realty Trust, CDR, Sale

Kuznicki Law PLLC is investigating the proposed sale of Cedar Realty Trust, Inc. (NYSE: CDR) and its assets in a series of related all-cash transactions.

Key Points: 
  • Kuznicki Law PLLC is investigating the proposed sale of Cedar Realty Trust, Inc. (NYSE: CDR) and its assets in a series of related all-cash transactions.
  • If you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, contact us toll free at 833-938-0905, via email ( [email protected] ), or visit https://kclasslaw.com/cases/ma/nyse-cdr/ to learn more.
  • Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.
  • The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Companys stock.

CEDAR REALTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Cedar Realty Trust, Inc. - CDR

Retrieved on: 
Wednesday, April 6, 2022
Legal, Professional Services, NYSE, CDR, LLC, Sale, KSF, Cedar Realty Trust, Online gambling

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

Key Points: 
  • Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Cedar Realty Trust, Inc. (NYSE: CDR) and its assets in a series of related all-cash transactions.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20220406006093/en/

SHAREHOLDER NOTICE: Halper Sadeh LLP Investigates CNR, CDR, ATVI, MNDT

Retrieved on: 
Thursday, March 17, 2022
NASDAQ, Sale, Google, NYSE, Fraud, Clayton, Dubilier & Rice, Dubilier, Activision Blizzard, Activision, Cedar Realty Trust, Cornerstone, Advertising, GLOBE, Microsoft, Mandiant, Online gambling, Security (finance), Cedar

If you are a Cornerstone shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Cornerstone shareholder, click here to learn more about your rights and options .
  • If you are a Cedar shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER NOTICE: Halper Sadeh LLP Investigates IIN, CDR, WLL, OAS

Retrieved on: 
Wednesday, March 9, 2022
Petroleum, NASDAQ, LLC, Fraud, NYSE, Whiting, Advertising, GLOBE, Sale, Cedar Realty Trust, Oasis Petroleum, Whiting Petroleum Corporation, Security (finance), Cedar

If you are an IntriCon shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an IntriCon shareholder, click here to learn more about your rights and options .
  • If you are a Cedar shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.