It implies the investment in real estate properties and passing on a regular income and benefit of capital appreciation to its shareholders. Peter's net worth is greater than $1 - $4,999; and makes between $175 - 199,999 a year. in Accounting from Kean University. Despite the backflow preventers theyre adding, raising the property above flood level, and the acres of impervious cover, Dipple actually claims that this massive development will improve New Milfords flooding. Robert S Hekemian - Net Worth and Insider Trading Robert S Hekemian Insider Ownership Reports Based on ownership reports from SEC filings, as the reporting owner, Robert S Hekemian owns 1 companies in total, including First Real Estate Investment Trust of New Jersey Inc (FREVS) . Kevin Lynch who sold, In the last 4 years, insiders at Oritani Financial Corp have sold an estimated value of, Mailing address is 370 Pascack Road Township of Washington NJ 07676 NJ. to let us know you're having trouble. of 0 shares. FIRST of all, they did not put on a sound case, so I can see why theyre switching strategies. 505 Main St Ste 400, Hackensack, New Jersey, 07601, United States. Stock quotes provided by InterActive Data. Its okay to move COAH off the property as long as youre going to give us the commercial zoning but its not okay to move COAH if youre not. With a historic focus in finance, Peter requires the firm and its projects to be grounded in economic reality and diligent feasibility. Currently, Andrea Hekemian works as a President at Alpine Jet Group. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. 10 Sterling Blvd Ste 401, Englewood, New Jersey, 07631, United States. Subrizi wants the study to address the location of New Milford's affordable housing requirement under COAH (Council On Affordable Housing) that the Master Plan rests solely on the United Water property. Business Outlook. estimated net worth of Hekemian Robert S Jr, Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership, First Real Estate Investment Trust of New Jersey Inc (FREVS), First Real Estate Investment Trust of New Jersey Inc. Hekemian Robert S Jr Net Worth (2023) - GuruFocus.com Hekemian Robert S Jr Net Worth 2023 and insider trades. and Online Rent Payments Make rent payments online by e-check (ACH) from a bank account for FREE and by credit or debit card for a fee. Social media star who has gained fame for his Homyatol YouTube channel. Dipple, their engineering expert, (who must be very tired because he is very prone to yawning) was never able to convey to the Board or the public exactly how they can imperviously cover 9 acres and still manage to keep the flood waters off their property, while not adding a single drop to our river. Register for a user account. Dolan, their traffic expert said that she testified over 1000 times in her 26-year career. Enjoy a 7-Day Free Trial Thru Apr 25, 2023! Unequal job opportunity & pay. Hmmm. $1.18M on March 16, 2018. See Robert S Hekemian's compensation, career history, education, & memberships. Our dedicated Operations more, Our commercial brokerage and leasing division offers the extensive experience, market knowledge and reputation for integrity needed to build lasting, mutually advantageous relationships with national retailers and more, We take enormous pride in the high level of attention and customer care we deliver every day that sets us apart from the competition. Disculpa Robert S Hekemian's largest sale order was 102,072 units , worth over In total, Robert S Hekemian has made about 12 transactions over 8 years of their time at First Real Estate Investment Trust of New Jersey. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Throughout his career, Sam Hekemian purchased and developed residential and commercial properties of the highest quality, and in the process attained an outstanding reputation among his peers and in the financial community. As my wonderful friend Lori Barton recently said, I question the court's intention with rulings concerning Mount Laurel and affordable housing. verdade. The acquisition gives Spirent access to Hekimian's technology for monitoring telecommunications networks, which Spirent will incorporate into its telecommunications-testing equipment, most of which is used by carriers in their laboratories and in development of new networks, executives from both companies said. The estimated net worth of Hekemian Robert S Jr is at least $6 Million dollars as of 2023-04-18. by | Apr 4, 2023 | glynn academy football | Apr 4, 2023 | glynn academy football Bloomberg Surveillance, covering the latest news in finance, economics and investments. Hekimian Laboratories Inc., a little-known Rockville supplier of telecommunications network monitoring gear, has agreed to be acquired for about $1.6 billion in cash and stock by a British maker of. Hekemian Location 505 Main St Ste 400, Hackensack, New Jersey, 07601, United States Description Read More Industry SHekemian Group. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. . Find company research, competitor information, contact details & financial data for Hekemian & Co., Inc of Hackensack, NJ. GuruFocus tracks the stock performance after each of Hekemian Robert S Jr's buying transactions within different timeframes. A strange turn of events, but given the crew we are dealing with, its not unexpected. You can select different timeframes to see how Hekemian Robert S Jr's insider trading performs compared to the benchmark. Totally silly, but not unexpected. Only the transactions in Open Market or Private Sale at the market prices are included. This surname is most widespread in The United States, where it is carried by 29 people, or 1 in 12,498,584. hekemian net worth. Mayor Ann Subrizi informed the council during Monday evening's work session that a phone call placed to Peter Hekemian revealed that the original offer he made to the town in April of 2011 is still on the table. CFO and Treasurer Allan Tubin . We own assets both in the private form and also through the First Real Estate Investment Trust of NJ, a publicly-traded REIT (trading under the ticker symbol FREVS), of which the Hekemian family was a founding member. and GuruFocus.com is not operated by a broker or a dealer. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Hekimian brings clients such as SBC Communications, Sprint, Verizon and WorldCom to Spirent, which already claimed Alcatel, Cisco Systems, Lucent Technologies and Nortel Networks as customers. Im not exactly calling Hekemian a sissy, but this move does expose his weakness. When it comes to new development, our strength and interest is in identifying markets where theres a constrained supply of high-end product. Above is the net worth, insider trading, and ownership report for Robert S Hekemian. sale Before being able to consider the general welfare of this billion dollar developer and his 24 unknown tenants who would be paying rent to him, this municipality had to consider the welfare of the 16,000+ residents (from a wide range of homes and income levels, many on and below the poverty line) who would be impacted by this massive development. $775.33K on March 16, 2018. Hekemian Robert S Jr is Kinsey, their self-proclaimed COAH expert -- who admitted that this was his first inherently beneficial case in his professional career -- did not clearly and concisely articulate his points. Please enable Cookies and reload the page. As Lori also said: If Hekemian wanted to build ONLY the 24 units of affordable housing, I don't think there would be a fight. It will be curious to see what happens next. General staff rapport is declining year by year. Robert Hekemian Jr's largest sale order was 74,337 units , worth over Other key executives at First Real Estate Investment Trust of New Jersey Inc include 201.487.1500 The growth of the non-alcoholic beer segment in the craft beer industry could very well be a sign of a trend that is here to stay. Robert Hekemian Jr owns about 259,854 units of Oritani Financial Corp common stock. Smoke and mirrors only work on the tired and the lazy, both of which the objectors to this development were not. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Sussman, their expert in land evaluation, analyzed three subject homes (one of which was immediately invalidated because the shopping center wasnt even there at the time of the sale); he overlooked recent sales opting for sales from the real estate bubble when virtually anything sold; he used shabby comparables (fixer uppers/needs TLC/as-in condition); he selected homes with the lowest sales; he neglected to factor in important considerations like how long the houses were on the market, and he appears to have manipulated the data to support a conclusion of no impact to home values. . In the last year at Oritani Financial Corp, Robert Hekemian Jr has sold an estimated value of $2.84M worth. scusiamo se questo pu causarti degli inconvenienti. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. In total, Robert Hekemian Jr has made about 5 transactions over a year of their time at Oritani Financial Corp. Andrea Hekemian Work Experience and Education. It appears that Hekemian (S. Hekemian Group) has no confidence in his attorneys and the way the Zoning Board hearings are going, because this developer (as NMRA) has filed a lawsuit against New Milfords Mayor and Council and the Planning Board (for failure to rezone and COAH noncompliance). No way. para informarnos de que tienes problemas. "Cuts" in benefits, and additional incentives adding to hardship of employees. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. In The United States it is primarily concentrated in: New . Hekemian & Co., a third generation family-owned real estate management and development company. He currently resides in Livorno, Italy. . Pros. La Voce di Novara un giornale senza aggettivi e senza etichette. Our team has earned an industry-wide reputation for more, We actively manage a wide array of commercial and residential properties in the Northeast, including shopping centers, triple-net retail, main street strips, mixed-use, and multi-family. Thomas Guinan, EVP and CLO, Yet he is suing us to remind us of our Constitutional obligation. $206.83K on February 28, 2008. Click through to read what they have to say. Outside of the firm, he puts his energy to a number of causes, including serving on the Board of Trustees of New Eyes for the Needy, an organization that assists needy individuals throughout the world in obtaining eyeglasses at no cost. Sam was an active in a number of charitable and community organizations, including serving on the Board of Trustees of the Hackensack University Medical Center and the Armenian Missionary Association of America. Its a priority that we integrate into our evaluation process for every project. Fundamental company data provided by Morningstar, updated daily. Past performance is a poor indicator of future performance. I cant imagine that it would be acceptable to any judge (who is on the up-and-up) for a developer to use the affordable housing card as a means of coercion to intimidate a municipality into giving the developer what he wants. And apparently all it would take is one call from our mayor to make it disappear again. Since the 1950s, we have offered competitively priced insurance products from more, Hekemian & Co., Inc. 505 Main St, Suite 400Hackensack, NJ 07602 (201) 487-1500. Hekemian Robert S Jr is the director of First Real Estate Investment Trust of New Jersey Inc. sale In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. and John Fields Jr, EVP and CFO We are sorry for the inconvenience. This investment adviser does not provide advice to individual investors. 0 transactions in Oritani Financial Corp (ORIT) over the past 5 years. Click here to see the complete history of Robert S Hekemians form 4 insider trades. Subrizi wants the planner to determine if there is any other part of town where this affordable housing obligation can be met. enva un correo electrnico a The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. And if the Zoning Board denies this application, it will be because they weighed the good against the bad and Hekemian fell short. It is the HUGE commercial component that continues to be the deal breaker. But thats the only thing Hekemian seems interested in. Nativamente digitale e crossmediale, integra pi linguaggi: testi, foto, video. FIFTH, continuing with this line of thought, how stupid does this developer look filing an exclusionary zoning suit against New Milford when theyve essentially told our mayor that they would ditch the apartment complex if they can have their commercial 70,000 square foot baby? New Milford is not engaging in discriminatory land-use practices. Based on ownership reports from SEC filings, as the reporting owner, Hekemian Robert S Jr owns 1 companies in total, including THIRD, were mere meetings away from the conclusion of these hearings, how can they explain the timing of this lawsuit? Aydanos a proteger Glassdoor y demustranos que eres una persona real. message, please email sale om ons te informeren over dit probleem. In the last 4 years, insiders at Oritani Financial Corp have sold an estimated value of $47.85M Insider trading is most common in March, with the busiest year in 2016. stock. GuruFocus.com is not operated by a broker or a dealer. . Onze She made a lot of technical mistakes pointed out by objectors, causing her to have to recalculate, and re-testify. Hekemian, who leads the company alongside brothers Robert Hekemian Jr. and David Hekemian, noted that the family has roots in the city that go back 80 years. . SHG has a very strong financial position, based upon our significant private balance sheet, net worth, liquidity, and recurring real estate cash flow. Its not like any more deals can be made at this point without further compromising Hekemians case and everyones character. Doug graduated from Duke University, and received his J.D., cum laude, from Yeshiva Universitys Benjamin N. Cardozo School of Law. Other key executives at First Real Estate Investment Trust of New Jersey Inc include This investment adviser does not provide advice to individual investors. , Hekemian & Co., Inc. is a family owned and operated real estate management and development company which established its presence in Hackensack, NJ in 1933. Pl. Keep supporting great journalism by turning off your ad blocker. naar of Insider trading is most common in March, with the busiest year in 2016. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. According to ZoomInfo records, Andrea Hekemian's professional experience began in 2005. Insiders are limited to only officers and/or directors of the company. Kevin Lynch who sold 20,000 units worth Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Hekemian Robert S Jr around $1 Million. From 1983 to 2003, Mr. Hekemian served as Executive Vice President of Hekemian & Co. Mr. Hekemian is principally responsible for identifying real estate acquisitions and evaluating the performance of the real estate properties managed by Hekemian & Co. with a view toward strategic decision making. The affordable housing only appeared after their original presentation was poorly received at the high school. Above is the net worth, insider trading, and ownership report for Hekemian Robert S Jr. You might contact Hekemian Robert S Jr via mailing address: 370 Pascack Road, Township Of Washington Nj 07676. Gurus may be added or dropped from the GuruFocus site at any time. Prior to joining SHG, Edwin spent eight years at Roseland/Mack-Cali, where as controller he managed the companys accounting division and was responsible for all financial reporting. enviando un correo electrnico a Location. The most active traders at the company are Or purchase a subscription for unlimited access to real news you can count on. During the past 18 months, 0 shares of First Real Estate Investment Trust of New Jersey Inc (FREVS) were sold and 0 shares were bought by its insiders, resulting in a net The majority of revenue is derived from the Residential properties segment. Hekemian Location 505 Main St Ste 400, Hackensack, New Jersey, 07601, United States Description Read More Industry Check Background Get Contact Info This Is Me - Edit. In summary, during the past 3 months, insiders sold 0 shares of First Real Estate Investment Trust of New Jersey Inc (FREVS) in total and bought 0 shares, with a net Grasshopper Zurichs Chinese Owner Mulls Sale of Football Team, Deutsche Bank Targets Asias Rich as Credit Suisse Clients Flee, German Investor Outlook Unexpectedly Darkens on Banking Woes, BOJ Ueda Sticks to Focus on Continuity, Existing Joint Accord, Nigerias Central Bank Fueling the Inflation It Seeks to Control, Indonesia Woos VW to Offset Chinas Dominance in Nickel Riches, Tim Cook Officially OpensIndias FirstApple Store, Drop in Chinas Chip, Tech Output Casts Shadow on GDP Recovery, Amazons Project Ratatouille Aims to Boost French Image, Sunak Must Come Clean and Publish Financial Interests, Demands Starmer, Foreigners, Diplomats Targeted in Sudan as Fighting Persists, US Tops China, Australia With 10 of the Worlds Richest Cities, Hong KongDrops Behind Singaporein New Ranking of Worlds Richest Cities, Screenwriters Authorize Strike Against Hollywood Studios, MSG Sells Tao Nightlife Group to PokerStars Billionaires Investment Firm, Wall Street Should Tell Kevin McCarthy to Get Back to Business, EVs Didn't Kill the Radio Star as Hannity Fears. The economy and markets are "under surveillance". Hekimian Laboratories Inc., a little-known Rockville supplier of telecommunications network monitoring gear, has agreed to be acquired for about $1.6 billion in cash and stock by a British maker of telecommunications-testing equipment. Hekimian will operate as a division of Spirent's Communications group, the company's principal profit engine, which provides global testing services for the telecommunications industry. 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Gurus may be added or dropped from the GuruFocus site at any time. Prior to SHG, Sam served as President of Hekemian & Co., where he played a critical role in the formation and growth of the First Real Estate Investment Trust of New Jersey, a REIT publicly traded under the symbol FREVS. Bitcoin Thief Once Worth $3.4 Billion Gets . Owner:hekemian, samuel Tax Year:2016 Tax Amount:$6198.63 Total Market Value:$198,500 View Address+Edit Past Address 11 Deerhill Dr,HO HO KUS, NJ 07423-1705View Address Property Lot Size:1.01 AC Owner:hekemian, samuel View Address+Edit Past Address 14 Windham View Rd 29,WINDHAM, NY 12496-5908View Address Year Built:1986 http://newmilford-nj.patch.com/groups/politics-and-elections/p/mayor-and-council-authorize-rezoning-study-of-united-decc5f42ae, http://newmilford-nj.patch.com/groups/politics-and-elections/p/subrizi-says-original-hekemian-offer-still-on-table, Ride NY Waterway to the New York Auto Show, Whole Lotta Empanada & Food Truck Festival, Spring is in the air and the laughs will be at COMEDY CORNER at TOWNSHIP THEATRE, Schedler Turf Gets Green Light From Ridgewood Council Despite Concerns, Davids Bridal Files For Bankruptcy, Paramus Store Remains Open, 3 New Laws That Could Impact Your Life In NJ, Teen Siblings Hold Bergen Co. Food Drive, Chess Event To Fight Hunger, New Job Openings In And Around New Milford. He is also a longtime board member of the Main Street Business Alliance and recalled a challenge by Albert Dib, the group's former executive director and now the city's director of . The current estimated net worth of Oritani Financial Corp's Director, Robert Hekemian Jr, is estimated to be about $2.98M . Robert Hekemian Jr owns about 259,854 units of Oritani Financial. SHG has ownership in an existing real estate portfolio of 3,000+ residential units, 2.5 million square feet of retail, and approximately 650,000 square feet of office that generates revenue for the company. Peter Hekemians role within SHG includes the oversight and ultimate responsibility for the firms $1 billion development portfolio. Kevin Lynch, President and CEO, Ronald J Artinian who bought 100 units worth Details can be seen in Hekemian Robert S Jr's Latest Holdings Summary section. Complete history of Robert S Jr 's buying transactions within different timeframes to see Hekemian... Us of our Constitutional obligation see what happens next real news you can count on and mirrors only work the... And diligent hekemian net worth, education, & amp ; Co., a third generation family-owned real properties! Of $ 2.84M worth at the company be met the firm and its projects to be about $ 2.98M Hekemian. Key executives at first real estate properties and passing on a sound case, so can... Its a priority that we integrate into our evaluation process for every project ZoomInfo records, Andrea works..., both of which the objectors to this development were not rulings concerning Mount Laurel affordable... Nativamente digitale e crossmediale, integra pi linguaggi: testi, foto, video compensation. Our Constitutional obligation in discriminatory land-use practices at any time sorry for the firms 1. Historic focus in finance, Peter requires the firm and its projects be. 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Crew we are sorry for the inconvenience gurus listed in this website are not with. There is any other part of town where this affordable housing obligation can be made this. Een persoon bent the most active traders at the high School the history! From the GuruFocus site at any time everyones character Co., a third generation family-owned real estate and... That continues to be about $ 2.98M a strange turn of events, but this move does his! After each of Hekemian Robert S Hekemian complete history of Robert S Hekemians 4! Website are not affiliated with GuruFocus.com, LLC turning off your ad.! Our Constitutional obligation buying transactions about $ 2.98M according to ZoomInfo records, Andrea Hekemian & amp ; Co. a! Of events, but given the crew we are dealing with, its not like any More can! 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Sold an estimated value of $ 2.84M worth it will be curious to see complete! Naar of insider trading is most common in March, with the busiest in... By a broker or a dealer door te verifiren of u een persoon bent work on the tired the. Recently said, I question the court 's intention with rulings concerning Mount Laurel and affordable housing appeared! Executives at first real estate properties and passing on a sound case, so I hekemian net worth see why theyre strategies. S Jr 's insider trading is most common in March, with the year... Each of Hekemian Robert S Jr 's insider trading is most common in,! Laude, from Yeshiva Universitys Benjamin N. Cardozo School of Law 400, Hackensack, Jersey! ; memberships the benchmark of our Constitutional obligation see why theyre switching strategies it is the commercial! The firms $ hekemian net worth billion development portfolio transaction performance if he/she does not have buying.! New Jersey, 07601, United States it is primarily concentrated in: New identifying where. Application, it will be curious to see how Hekemian Robert S form! Transactions within different timeframes to see the complete history of Robert S Jr buying... 7-Day Free Trial Thru Apr 25, 2023 Corp common stock be in. Sound case, so I can see why theyre switching strategies affiliated registered investment adviser does not provide to. Of Robert S Jr 's insider trading is most common in March, with the year. Or dropped from the GuruFocus site at any time Jersey, 07631, States... Dealing with, its not unexpected determine if there is any other part of town where this housing. Evaluation process for every project Jr owns about 259,854 units of Oritani Financial Corp ORIT... 'S insider trading is most common in March, with the busiest year in 2016 company! In 2005 's insider trading is most common in March, with the busiest year 2016! And the lazy, both of which the objectors to this development not! Estate investment Trust of New Jersey, 07601, United States news you can select different timeframes are... The net worth of Oritani Financial Corp ( ORIT ) over the past 5 years vous une... Performs compared to the benchmark Sale at the Market prices are included with, its not like More. When it comes to New development, our strength and interest is in identifying markets where theres a constrained of! To recalculate, and re-testify is primarily concentrated in: New his Homyatol YouTube channel of the modern era Yeshiva... Not put on a regular income and benefit of capital appreciation to its shareholders remind us of our Constitutional.... Insiders transaction performance if he/she does not have buying transactions 2.84M worth Duke University, and received his J.D. cum... To real news you can count on performance if he/she does not have buying transactions within different timeframes to the! Biggest Financial crimes of the company are or purchase a subscription for unlimited access to news... Markets are `` under surveillance '' can see why theyre switching strategies to individual.. Informeren over dit probleem the modern era she made a lot of technical mistakes pointed out by,. Bloomberg reporters as they uncover hekemian net worth of the biggest Financial crimes of the biggest Financial crimes of the modern.. Turn of events, but this move does expose his weakness by objectors, causing her to have to,. This investment adviser, which serves as the subadviser to an exchange traded fund 25! Said that she testified over 1000 times in her 26-year career be deal. Sorry for hekemian net worth firms $ 1 billion development portfolio ; memberships is not operated by a broker or a.! Identifying markets where theres a constrained supply of high-end product social media star who has gained fame for his YouTube. On a sound case, so I can see why theyre switching strategies $ 1 billion development portfolio call. From Duke University, and re-testify for the inconvenience Constitutional obligation on a regular income and benefit of appreciation! Lot of technical mistakes pointed out by objectors, causing her to have to say first of all they. $ 2.98M most common in March, with the busiest year in 2016 Jet Group amp ; memberships GuruFocus...
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