Richard Grellier is Independent Director of the Company since 2011. Mr. Grellier has been a Managing Director of Deutsche Bank Securities Inc., where he oversees capital market transactions, with a particular emphasis on REITs and real estate operating companies. He joined Bankers Trust, a predecessor to Deutsche Bank Securities Inc., in 1994. Prior to that position, Mr. Grellier was a project manager for a developer, builder and operator of hospitality- related projects in the New York Metropolitan area where he focused on waterfront development and construction. He previously served as a member of the Company’s Board of Consultants from 2002 to 2010. Experience, Qualifications, Key Attributes and Skills: Mr. Grellier brings to the Board more than 25 years of real estate experience, including over 20 years as a real estate investment banker, specialized knowledge of the retail REIT sector and extensive experience in capital markets solutions. This experience, together with his educational background, has provided Mr. Grellier with the kinds of skills in risk management, strategic planning and capital markets that are valued by the Board, as well as the financial knowledge that is essential to his role on the Audit Committee.
As the Independent Director of Urstadt Biddle Properties, the total compensation of Richard Grellier at Urstadt Biddle Properties is $76,983. There are 12 executives at Urstadt Biddle Properties getting paid more, with Willing Biddle having the highest compensation of $2,086,730.
Richard Grellier is 59, he's been the Independent Director of Urstadt Biddle Properties since 2011. There are 7 older and 9 younger executives at Urstadt Biddle Properties. The oldest executive at Urstadt Biddle Properties, Inc. is Robert Mueller, 78, who is the Independent Director.
Richard's mailing address filed with the SEC is 321 RAILROAD AVENUE, , GREEENWICH, CT, 06830.
Over the last 21 years, insiders at Urstadt Biddle Properties have traded over $3,117,062 worth of Urstadt Biddle Properties stock and bought 286,084 units worth $5,298,120 . The most active insiders traders include Willing L Biddle, Charles Jurstadt Property C..., and Catherine U Biddle. On average, Urstadt Biddle Properties executives and independent directors trade stock every 114 days with the average trade being worth of $150,327. The most recent stock trade was executed by John T Hayes on 4 January 2023, trading 13,500 units of UBA stock currently worth $259,740.
urstadt biddle properties inc. is a self-administered equity real estate investment trust (“reit”) founded in 1969. we provide investors with a means of participating in the ownership of income-producing properties with ready liquidity. we are a proven leader in the ownership, operation, and redevelopment of high quality retail shopping centers predominantly located in the suburban, high demographic, high barrier to entry communities surrounding new york city. built upon foundations of opportunity, we take a disciplined, conservative approach to every aspect of commercial retail real estate. whether its redevelopment, property management, or acquisitions, we make sound, strategic decisions based on solid demographics, broad experience, and stable resources. this has led many real estate experts to consider our property portfolio to be one of the highest quality portfolios of assets in our industry.
Urstadt Biddle Properties executives and other stock owners filed with the SEC include: