First Real Estate Investment Trust of New Jersey
Market Movers (8-K)
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First Real Estate Investment Trust of New Jersey, Inc. announced a third quarter dividend of $0.10 per share, while acknowledging ongoing market risks and the need for continued dividend evaluation.
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First Real Estate Investment Trust of New Jersey, Inc. has successfully closed the sale of its Franklin Crossing shopping center for $27 million, realizing a net gain of approximately $19.5 million.
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First Real Estate Investment Trust of New Jersey reports Q2 2026 results and advances its voluntary liquidation plan with estimated distributions of $24.44 to $30.03 per share.
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First Real Estate Investment Trust of New Jersey has entered into a definitive agreement to sell its Westwood Plaza shopping center for $28.8 million.
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First Real Estate Investment Trust of New Jersey, Inc. (FREIT) announced its Board of Directors has approved a plan for voluntary liquidation and dissolution, aiming to maximize stockholder value.
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First Real Estate Investment Trust of New Jersey, Inc. has amended its Stockholder Rights Agreement, extending the expiration date of preferred stock purchase rights to July 31, 2029.
Quarterly Earnings (10-Q)
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First Real Estate Investment Trust of New Jersey, Inc. has announced a board-approved plan for voluntary liquidation and dissolution.
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First Real Estate Investment Trust of New Jersey reports increased net income and revenue for Q1 2026, alongside ongoing efforts to refinance significant debt maturities.
Delay expected
Better than expected
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First Real Estate Investment Trust of New Jersey reports increased adjusted net income and FFO for the nine months ended July 31, 2025, despite higher interest rates and commercial segment challenges.
Delay expected
Better than expected
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First Real Estate Investment Trust of New Jersey reports a significant increase in net income attributable to common equity for the quarter ended April 30, 2025, driven by residential segment growth and reduced administrative expenses.
Better than expected
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First Real Estate Investment Trust of New Jersey reports a net income attributable to common equity of $614,000 for Q1 2025, driven by residential property performance, while facing challenges in commercial property occupancy.
Delay expected
Better than expected
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First Real Estate Investment Trust of New Jersey reports a significant increase in net income for the third quarter of 2024, primarily due to a litigation settlement and growth in the residential segment.
Better than expected
Annual Reports (10-K)
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First Real Estate Investment Trust of New Jersey reported increased residential revenue and debt service savings in fiscal year 2025, but faced challenges with elevated commercial property vacancies and a significant drop in net income compared to the prior year.
Worse than expected
Delay expected
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First Real Estate Investment Trust of New Jersey (FREIT) reported a significant increase in net income for fiscal year 2024, driven by a litigation settlement and strong residential performance, while facing headwinds in its commercial property segment.
Delay expected
Better than expected
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First Real Estate Investment Trust of New Jersey's annual report details strategic financial moves, including loan extensions and refinancings, alongside challenges in commercial property leasing.
Worse than expected
Delay expected
Insider Trading (Form 4)
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First Real Estate Investment Trust of New Jersey CEO Robert S. Hekemian Jr. received an award of 1,584 shares of common stock under the company's Equity Incentive Plan.
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First Real Estate Investment Trust director Justin Meng received an award of 1,584 common shares under the company's Equity Incentive Plan.
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First Real Estate Investment Trust of New Jersey Director David F. McBride received an award of 1,584 common shares under the company's Equity Incentive Plan.
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First Real Estate Investment Trust of New Jersey Director David Hekemian received an award of 1,584 shares of common stock under the company's Equity Incentive Plan.
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Director Richard Aslanian received an award of 1,584 shares of First Real Estate Investment Trust of New Jersey common stock, increasing his beneficial ownership to 55,777 shares.
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Ronald J. Artinian, Chairman of First Real Estate Investment Trust of New Jersey, Inc., received an award of 1,584 shares of common stock under the company's Equity Incentive Plan.
Proxy Statements (Def-14A)
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First Real Estate Investment Trust of New Jersey, Inc. (FREIT) has announced its annual meeting of stockholders for August 6, 2026, where key matters including director elections and executive compensation will be addressed.
Worse than expected
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First Real Estate Investment Trust of New Jersey, Inc. (FREIT) announced its upcoming Annual Meeting of Stockholders on July 17, 2025, highlighting a significant rebound in net income for fiscal year 2024 and positive total shareholder returns, alongside routine director elections and corporate governance disclosures.
Delay expected
Better than expected
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First Real Estate Investment Trust of New Jersey will hold its annual meeting of stockholders on June 27, 2024, to elect directors and ratify the appointment of its independent registered public accountants.
Worse than expected
Schedule 13G - Passive Investments
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Director David B. Hekemian reported a 6.8% beneficial ownership stake in First Real Estate Investment Trust of New Jersey, holding 509,034 shares as of December 31, 2025.
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Robert S. Hekemian, Jr., a Director of First Real Estate Investment Trust of New Jersey, reported beneficial ownership of 5.5% of the company's common stock.
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Ronald J. Artinian, Chairman of First Real Estate Investment Trust of New Jersey, has increased his beneficial ownership to 7.3% of the company's common stock.
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SCHEDULE 13G/A: Director David B. Hekemian Discloses 6.8% Beneficial Stake in First Real Estate Investment Trust of New Jersey
David B. Hekemian, a director of First Real Estate Investment Trust of New Jersey, has disclosed a beneficial ownership of 6.8% of the company's common stock as of December 31, 2024.
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SCHEDULE 13G/A: Chairman Ronald J. Artinian Discloses 7.3% Stake in First Real Estate Investment Trust of New Jersey
Ronald J. Artinian, Chairman of the Board, has filed an amended Schedule 13G disclosing a beneficial ownership of 7.3% of First Real Estate Investment Trust of New Jersey's common stock as of December 31, 2024.