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Gadsden Properties, Inc. (GADS)

Other OTC - Other OTC Delayed price. Currency in USD
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0.00040.0000 (0.00%)
At close: 09:30AM EDT

Gadsden Properties, Inc.

8800 Village Drive
Suite 202
San Antonio, TX 78217-5420
United States
(480) 530-3495
https://www.gadsdenreit.com

Sector(s)Real Estate
IndustryREIT - Diversified
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Billie Jay ParrishInterim CEO & DirectorN/AN/A1972
Mr. George BellPresident & COON/AN/A1956
Ms. Michele PupachSecretary & Corporate CounselN/AN/AN/A
Mr. Brian RingelCorporate ControllerN/AN/A1979
Mr. Scott YorkisonVice President of AcquisitionsN/AN/A1968
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Gadsden Properties, Inc. is a Nevada corporation that was formed on December 28, 2010. Gadsden concentrates primarily on investments in high quality income-producing assets, residential developments and other opportunistic commercial properties in secondary and tertiary markets across the United States. The Company derives value from smaller, flexible retail investments that range from $5 million to $50 million and off-market mixed-use properties ranging from $50 million to $250 million. As a result of this chosen strategy, we believe that Gadsden is developing a unique competitive advantage that generally allows the Company to invest in markets and assets that are often overlooked by larger institutional investors, such as publicly-traded REITs and other large institutional investors. As part of its strategy, Gadsden attracts specific sellers that prefer the tax deferral advantages offered through issuing operating partnership units in exchange for their properties. These real estate assets are typically operated by independent owners that are seeking to monetize their real estate holdings, and who are typically not well capitalized or well-seasoned real estate operators. These transactions create a variety of outcomes for Gadsden and the sellers – typically resulting in lease-up and value-added opportunities that may not be otherwise achieved.

Corporate governance

Gadsden Properties, Inc.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.