Company Wheeler Real Estate Investment Trust, Inc.

Equities

WHLR

US9630258799

Commercial REITs

Market Closed - Nasdaq 04:00:00 2024-06-10 pm EDT 5-day change 1st Jan Change
1.57 USD -2.48% Intraday chart for Wheeler Real Estate Investment Trust, Inc. -18.86% -78.56%

Business Summary

Wheeler Real Estate Investment Trust, Inc. is a fully integrated, self-managed commercial real estate investment company. The Company owns, leases, and operates income-producing retail properties with a primary focus on grocery-anchored centers. It owns a portfolio consisting of seventy-nine properties, including seventy-five retail shopping centers, totaling 8,142,065 leasable square feet, and four undeveloped land parcels totaling approximately 61 acres. The properties are geographically located in the Mid-Atlantic, Southeast, and Northeast. The Company’s income producing properties are located in South Carolina, Georgia, Virginia, Pennsylvania, North Carolina, Massachusetts, New Jersey, Florida, Connecticut, Kentucky, Tennessee, Alabama, Maryland, West Virginia, and Oklahoma. The Company generally leases its properties to national and regional supermarket chains and selects retailers that offer necessity and value-oriented services and items and generate regular consumer traffic.

Number of employees: 52

Sales per Business

USD in Million2022Weight2023Weight Delta
Base Rent
71.0 %
- - 73 71.0 % -
Tenant Reimbursements - Variable Lease
20.8 %
17 21.7 % 21 20.8 % +27.45%
Above (Below) Market Lease Amortization
4.7 %
- - 5 4.7 % -
Other
1.6 %
1 1.7 % 2 1.6 % +26.75%
Straight-line Rents
1.3 %
1 1.0 % 1 1.3 % +71.25%
Percentage Rent - Variable Lease
0.8 %
1 0.7 % 1 0.8 % +38.71%
Credit Losses on Operating Lease Receivables
-0.5 %
0 -0.5 % -1 -0.5 % +44.60%
Lease Termination Fees
0.3 %
0 0.2 % 0 0.3 % +142.54%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
77 100.0 % 102 100.0 % +33.51%

Managers

Managers TitleAgeSince
Chief Executive Officer 43 14-05-31
Director of Finance/CFO 42 16-08-31
Human Resources Officer - -
Corporate Officer/Principal - -
Comptroller/Controller/Auditor - -
Corporate Officer/Principal - 08-05-31
Corporate Officer/Principal - -
Corporate Officer/Principal - 11-08-31
Corporate Officer/Principal - 12-12-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 19-12-18
Director/Board Member 73 23-09-04
Director/Board Member 59 20-06-18
Chairman 46 19-12-30
Director/Board Member 58 19-12-18
Director/Board Member - 22-10-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 2,577,240 0 0 95.36 %
Stock B 0 3,379,142 0 0
Stock C 1 2,834,237 2,702,809 ( 95.36 %) 0
Stock D 0 562 0 0

Shareholders

NameEquities%Valuation
Stilwell Value LLC
50.25 %
1,424,300 50.25 % 3 M $
Stilwell Value LLC
49.85 %
1,413,027 49.85 % 3 M $
117,594 4.149 % 252 078 $
Bandera Partners LLC
3.580 %
101,472 3.580 % 217 518 $
Securities America Advisors, Inc.
0.7053 %
19,991 0.7053 % 42 853 $
Corbin Capital Partners LP
0.3889 %
11,022 0.3889 % 23 627 $
Geode Capital Management LLC
0.2469 %
6,999 0.2469 % 15 003 $
4,608 0.1626 % 9 878 $
3,000 0.1058 % 6 431 $
Jane Street Group LLC
0.1049 %
2,972 0.1049 % 6 371 $
NameEquities%Valuation
427,871 16.60 % 8 M $
202,029 7.839 % 4 M $
Cable Car Capital LLC
5.383 %
138,745 5.383 % 2 M $
Funicular Funds LP
3.880 %
100,000 3.880 % 2 M $
Stilwell Value LLC
1.612 %
41,546 1.612 % 743 258 $
Magnetar Financial LLC
0.9401 %
24,229 0.9401 % 433 457 $
18,805 0.7297 % 336 421 $
SR Equity Ventures LLC
0.4395 %
11,327 0.4395 % 202 640 $
948 0.0368 % 16 960 $
344 0.0133 % 6 154 $
NameEquities%Valuation
Stilwell Value LLC
-
1,006,542 - 721 389 $
Magnetar Financial LLC
-
190,823 - 136 763 $
NameEquities%Valuation
Stilwell Value LLC
24.18 %
817,085 24.18 % 2 M $
Magnetar Financial LLC
6.466 %
218,512 6.466 % 464 338 $
Nexpoint Asset Management LP (Subfiler)
2.436 %
82,301 2.436 % 174 890 $
Wolverine Asset Management LLC
1.903 %
64,304 1.903 % 136 646 $
Corbin Capital Partners LP
1.480 %
50,000 1.480 % 106 250 $
30,515 0.9030 % 64 844 $
1,223 0.0362 % 2 599 $
Lowe Wealth Advisors LLC
0.0207 %
700 0.0207 % 1 488 $
Joseph Cohen
0.008464 %
286 0.008464 % 608 $

Company contact information

Wheeler Real Estate Investment Trust, Inc.

2529 Virginia Beach Boulevard Suite 200

23452, Virginia Beach

+757 627 9088

http://www.whlr.us
address Wheeler Real Estate Investment Trust, Inc.(WHLR)
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