Management Agreement under which Hekemian & Co. serves as managing agent for FREIT properties and receives fees and commissions
| Officer | Age | In this role | Joined | 2025 pay | Source |
|---|---|---|---|---|---|
|
Robert S. Hekemian, Jr.
Also a director
Chief Executive Officer, President and Director
|
66 | Not stated | Not stated | $680,000 | |
|
Allan Tubin
Chief Financial Officer and Treasurer
|
87 |
Since 2019
7 years
|
Not stated | $45,000 | |
|
Ronald J. Artinian
Also a director
Chairman of the Board
|
77 | Not stated | Not stated | Not reported | |
|
John A. Aiello
Also a director
Secretary
|
76 |
Since 2003
23 years
|
Not stated | $130,000 |
Each officer opens the passage of the filing that names them. A title that changed since the list comes from the officer's latest Form 3, 4 or 5, and its start year is not stated there. "Not stated" means the filing does not say. Pay is the proxy's Summary Compensation Table, which reports only the named executive officers.
Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.
Management Agreement under which Hekemian & Co. serves as managing agent for FREIT properties and receives fees and commissions
Management and other fees paid by FREIT to Hekemian & Co., including management fees of approximately $1,427,000
Commissions paid to Hekemian & Co. for FREIT insurance coverage services
Joint venture in which FREIT owns 60% of Grande Rotunda and insiders control Rotunda 100, which owns 40%
Westwood Hills, in which FREIT holds 40%, paid management fees to Hekemian & Co.
Wayne PSC, in which FREIT holds 60%, paid management fees to Hekemian & Co. for the Preakness Shopping Center
Pierre Towers TIC, in which these insiders hold the remaining 35% interest, paid management fees to Hekemian & Co.
Commercial mortgage loan on the Westwood Plaza property, extended and modified in 2025 with a loan balance of $10 million
Legal services furnished to FREIT and its affiliates by the law firm
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