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 $6.69 million as of November 29th, 2023. Mr. Berkes owns 65,470 shares of Federal Realty Investment Trust stock worth more than $6,690,379 as of April 27th. 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?
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 past quarter. 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?
Are insiders buying or selling shares of Federal Realty Investment Trust?
In the last year, insiders at the real estate investment trust sold shares 2 times. They sold a total of 5,215 shares worth more than $496,437.15. The most recent insider tranaction occured on December, 4th when CEO Donald C Wood sold 345 shares worth more than $34,468.95. 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 12/4/2023.
