Jeffrey S.  Berkes net worth and biography

Jeffrey Berkes Biography and Net Worth

Jeff is responsible for leading Federal’s day-to-day property operating functions, including leasing, development, asset management, and acquisitions, on both the East and West Coasts.

Jeff joined Federal in 2000 as chief investment officer, and in 2011, became president, Western Region, where he was charged with growing the company’s presence on that coast. During the period between 2011 and 2019, the property operating income of Federal’s West Coast portfolio more than doubled, representing over 10% compound annual growth.

Prior to joining Federal, Jeff was vice president of acquisitions and finance for Velsor Properties, a Northern Virginia-based private real estate investment firm. He served as director of acquisitions for Federal from April 1997 to August 1998. Prior to that, he was vice president of acquisitions for Heitman Financial/JMB Institutional Realty Corp. He also worked as a loan officer for ITT Real Estate Services and as a regional investment analyst for CB/Richard Ellis prior to joining JMB.

Jeff has an undergraduate degree in finance and real estate from University of Denver and a master of business administration in international finance from George Washington University. Jeff is an active member of The George Washington University Center for Real Estate and Urban Analysis Advisory Board, the Urban Land Institute (ULI), and the International Council of Shopping Centers (ICSC).

What is Jeffrey S. Berkes' net worth?

The estimated net worth of Jeffrey S. Berkes is at least $7.41 million as of November 29th, 2023. Mr. Berkes owns 65,470 shares of Federal Realty Investment Trust stock worth more than $7,406,621 as of November 21st. This net worth approximation does not reflect any other assets that Mr. Berkes may own. Additionally, Mr. Berkes receives a salary of $1,430,000.00 as COO at Federal Realty Investment Trust. Learn More about Jeffrey S. Berkes' net worth.

How old is Jeffrey S. Berkes?

Mr. Berkes is currently 60 years old. There are 4 older executives and no younger executives at Federal Realty Investment Trust. The oldest executive at Federal Realty Investment Trust is Mr. Jan W. Sweetnam, Executive VP & Chief Investment Officer, who is 64 years old. Learn More on Jeffrey S. Berkes' age.

What is Jeffrey S. Berkes' salary?

As the COO of Federal Realty Investment Trust, Mr. Berkes earns $1,430,000.00 per year. There are 2 executives that earn more than Mr. Berkes. The highest earning executive at Federal Realty Investment Trust is Mr. Donald C. Wood CPA, CEO & Director, who commands a salary of $2,440,000.00 per year. Learn More on Jeffrey S. Berkes' salary.

How do I contact Jeffrey S. Berkes?

The corporate mailing address for Mr. Berkes and other Federal Realty Investment Trust executives is 1626 EAST JEFFERSON STREET, ROCKVILLE MD, 20852. Federal Realty Investment Trust can also be reached via phone at (301) 998-8100 and via email at [email protected]. Learn More on Jeffrey S. Berkes' contact information.

Has Jeffrey S. Berkes been buying or selling shares of Federal Realty Investment Trust?

Jeffrey S. Berkes has not been actively trading shares of Federal Realty Investment Trust during the last ninety days. Most recently, Jeffrey S. Berkes sold 4,870 shares of the business's stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $94.86, for a transaction totalling $461,968.20. Following the completion of the sale, the chief operating officer now directly owns 65,470 shares of the company's stock, valued at $6,210,484.20. Learn More on Jeffrey S. Berkes' trading history.

Who are Federal Realty Investment Trust's active insiders?

Federal Realty Investment Trust's insider roster includes Jeffrey Berkes (COO), David Faeder (Director), Daniel Guglielmone (CFO), and Donald Wood (CEO). Learn More on Federal Realty Investment Trust's active insiders.

Are insiders buying or selling shares of Federal Realty Investment Trust?

In the last year, insiders at the real estate investment trust sold shares 4 times. They sold a total of 41,444 shares worth more than $4,706,941.18. The most recent insider tranaction occured on September, 9th when CEO Donald C Wood sold 5,937 shares worth more than $691,482.39. Insiders at Federal Realty Investment Trust own 1.0% of the company. Learn More about insider trades at Federal Realty Investment Trust.

Information on this page was last updated on 9/9/2024.

Jeffrey S. Berkes Insider Trading History at Federal Realty Investment Trust

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/29/2023Sell4,870$94.86$461,968.2065,470View SEC Filing Icon  
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Jeffrey S. Berkes Buying and Selling Activity at Federal Realty Investment Trust

This chart shows Jeffrey S Berkes's buying and selling at Federal Realty Investment Trust by year and by quarter.

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Federal Realty Investment Trust Company Overview

Federal Realty Investment Trust logo
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 102 properties include approximately 3,300 tenants, in 26 million commercial square feet, and approximately 3,100 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 56 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT.
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Today's Range

Now: $113.13
Low: $112.36
High: $113.83

50 Day Range

MA: $113.36
Low: $109.65
High: $117.39

2 Week Range

Now: $113.13
Low: $90.84
High: $118.34

Volume

585,120 shs

Average Volume

630,124 shs

Market Capitalization

$9.38 billion

P/E Ratio

32.89

Dividend Yield

3.91%

Beta

1.24