Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years

If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)

Steven P. Grimes net worth and biography

Steven Grimes Biography and Net Worth

Director of Kite Realty Group Trust

Mr. Grimes joined our Board in October 2021, following our merger with RPAI. Mr. Grimes served as RPAI’s Chief Executive Officer from 2009 until the merger and as one of its directors since 2011. Previously, Mr. Grimes was President of RPAI from October 2009 to May 2018; Chief Financial Officer of RPAI from November 2007 to December 2011; Chief Operating Officer of RPAI from November 2007 to October 2009 and Treasurer of RPAI from October 2008 to December 2011. From February 2004 to November 2007, Mr. Grimes served as Principal Financial Officer and Treasurer and Chief Financial Officer of Inland Western Retail Real Estate Advisory Services, Inc., RPAI’s former business manager/advisor. Previously, Mr. Grimes served as a Director with Cohen Financial, a mortgage brokerage firm, and as a senior manager with Deloitte & Touche LLP in their Chicago-based real estate practice where he was a national deputy real estate industry leader. Mr. Grimes is an active member of various real estate trade associations, including the National Association of Real Estate Investment Trusts, the International Council of Shopping Centers and The Real Estate Roundtable. Mr. Grimes received a B.S. in Accounting from Indiana University.

Mr. Grimes’ experience as Chief Executive Officer of RPAI prior to its merger with the Company allows him to bring valuable knowledge of RPAI’s portfolio and strategies to the Board.

What is Steven P. Grimes' net worth?: The estimated net worth of Steven P. Grimes is at least $16.56 million as of November 30th, 2022. Mr. Grimes owns 778,506 shares of Kite Realty Group Trust stock worth more than $16,558,823 as of April 27th. This net worth estimate does not reflect any other investments that Mr. Grimes may own. Learn More about Steven P. Grimes' net worth.
How do I contact Steven P. Grimes?: The corporate mailing address for Mr. Grimes and other Kite Realty Group Trust executives is 30 S MERIDIAN STREET SUITE 1100, INDIANAPOLIS IN, 46204. Kite Realty Group Trust can also be reached via phone at (317) 577-5600 and via email at [email protected]. Learn More on Steven P. Grimes' contact information.
Has Steven P. Grimes been buying or selling shares of Kite Realty Group Trust?: Steven P. Grimes has not been actively trading shares of Kite Realty Group Trust in the last ninety days. Most recently, Steven P. Grimes sold 12,946 shares of the business's stock in a transaction on Wednesday, November 30th. The shares were sold at an average price of $22.35, for a transaction totalling $289,343.10. Following the completion of the sale, the director now directly owns 778,506 shares of the company's stock, valued at $17,399,609.10. Learn More on Steven P. Grimes' trading history.
Who are Kite Realty Group Trust's active insiders?: Kite Realty Group Trust's insider roster includes Gerald Gorski (Director), Steven Grimes (Director), John Kite (CEO), and Charles Wurtzebach (Director). Learn More on Kite Realty Group Trust's active insiders.
Are insiders buying or selling shares of Kite Realty Group Trust?: During the last twelve months, insiders at the real estate investment trust sold shares 2 times. They sold a total of 60,255 shares worth more than $1,319,983.05. The most recent insider tranaction occured on December, 1st when CEO John A Kite sold 60,000 shares worth more than $1,314,600.00. Insiders at Kite Realty Group Trust own 2.0% of the company. Learn More about insider trades at Kite Realty Group Trust.
Information on this page was last updated on 12/1/2023.

Steven P. Grimes Insider Trading History at Kite Realty Group Trust

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/30/2022	Sell	12,946	$22.35	$289,343.10	778,506
11/23/2022	Sell	32,054	$22.22	$712,239.88	791,452
11/21/2022	Sell	46,500	$21.77	$1,012,305.00	823,506

Steven P. Grimes Buying and Selling Activity at Kite Realty Group Trust

Kite Realty Group Trust Company Overview

Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company's primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of December 31, 2023, the Company owned interests in 180 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28.1 million square feet of gross leasable space.

Today's Range

Now: $21.27

$21.27

$21.65

50 Day Range

MA: $21.01

$19.92

$21.72

2 Week Range

Now: $21.27

$19.16

$24.26

Volume

850,234 shs

Average Volume

1,657,879 shs

Market Capitalization

$4.67 billion

P/E Ratio

96.69

Dividend Yield

4.67%

Beta

1.29

Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years

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