Private company

INDUS REALTY TRUST, INC.

INDUS REALTY TRUST, INC. is an American real estate company that raised $125,000 in 2023 (SEC Form D).2 It is headquartered in Bloomfield, United States.2

Last updated Oct 20, 2026.

Overview

  • IndustryReal Estate2
  • HeadquartersBloomfield, United States2
  • Incorporated inMD3
  • Business address641 Lexington Avenue, 26Th Floor, New York, Ny 100223
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • Kind of organizationPooled investment fund2
  • LEI549300FS2G2L16L2GO912
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Anthony Galici, 21093-2264 Lutherville Timonium, United States2
  • Registered withBusiness Services (Maryland Department of Assessments and Taxation), D203617622

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2019

97.7%Operating margin6
37.3%Net margin7
860.7%Revenue growth, 20196
4.0%Return on equity8
1.56×Debt to equity7

Where the money goes

Where each dollar of revenue went, fiscal 2019

  • Cost of revenue16¢$2.0M
  • Interest52¢$6.4M
  • Income tax2¢$213.0K
  • Profit30¢$3.7M

Out of $9.8M in revenue.67

Where each dollar of operating cash went, fiscal 2019

  • Dividends paid20¢$2.3M
  • Kept or used elsewhere80¢$9.3M

Out of $11.6M of cash from operations.7

Financial statements

Revenue96$9.8M in 2019−68% since 2016
0$10.0M$20.0M$30.0M$40.0M2016: $30.9M$30.9M20162017: $13.9M$13.9M2017−55%2018: $1.0M$1.0M2018−93%2019: $9.8M$9.8M2019+861%
Operating income106$9.6M in 2019+71% since 2016
0$5.0M$10.0M$15.0M2016: $5.6M$5.6M20162017: $12.6M$12.6M2017+124%2018: $5.0M$5.0M2018−61%2019: $9.6M$9.6M2019+93%
Net income1067$3.7M in 2019+537% since 2016
-$2.0M0$2.0M$4.0M$6.0M2016: $576.0K$576.0K20162017: $4.6M$4.6M2017+703%2018: -$1.7M-$1.7M20182019: $3.7M$3.7M2019
Fiscal year2016201720182019
Revenue$30.9M9$13.9M6$1.0M6$9.8M6
Cost of revenue$3.8M6$144.0K6$2.0M6
Operating expenses
Operating income$5.6M10$12.6M6$5.0M6$9.6M6
Interest$6.3M7$6.4M7
Income before tax
Income tax$735.0K10$2.7M6$505.0K7-$213.0K7
Net income$576.0K10$4.6M6-$1.7M7$3.7M7
Earnings per share$0.1110$0.926-$0.337$0.727
Earnings per share (diluted)$0.1110$0.926-$0.337$0.727
Shares (weighted, basic)
Shares (weighted, diluted)

Compare INDUS REALTY TRUST, INC. with another company

Corporate structure

INDUS REALTY TRUST, INC. sits at the top of its group. 12 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of INDUS REALTY TRUST, INC.

  • Conversant GP Holdings LLC Filed SC 13D/A on INDUS REALTY TRUST, INC., latest Jul 7, 2023
  • DANZIGER FREDERICK M Filed SC 13D/A on INDUS REALTY TRUST, INC., latest Jul 6, 2023 (4 filings since Aug 26, 2022)
  • GAMCO Investors Filed SC 13D/A on INDUS REALTY TRUST, INC., latest Jul 3, 2023 (6 filings since Oct 15, 2021)
  • CCP SBS GP, LLC Filed SC 13D/A on INDUS REALTY TRUST, INC., latest Jun 30, 2023 (5 filings since Jan 18, 2022)
  • Conversant Capital LLC Filed SC 13D/A on INDUS REALTY TRUST, INC., latest Feb 23, 2023 (2 filings since Oct 12, 2021)
  • Monarch Alternative Capital LP Filed SC 13G/A on INDUS REALTY TRUST, INC., latest Feb 13, 2023 (2 filings since Feb 10, 2022)
  • INDUS REALTY TRUST, INC. Bloomfield, Connecticut, United States
    • TRADEPORT DEVELOPMENT III, LLC Hartford, Connecticut, United States
    • TRADEPORT DEVELOPMENT V, LLC Bloomfield, Connecticut, United States
    • INDUS RT, LP Subsidiary · Lutherville Timonium, Maryland, United States
      • RIVERBEND PALM BEACH HOLDINGS I, LLC Subsidiary · Bloomfield, Connecticut, United States
    • Riverbend Bethlehem Holdings I LLC Subsidiary · Harrisburg, Pennsylvania, United States
    • Riverbend Bethlehem Holdings II LLC Subsidiary · Harrisburg, Pennsylvania, United States
    • Riverbend Crossings III Holdings LLC Subsidiary · Harrisburg, Pennsylvania, United States
    • Riverbend Hanover Properties I LLC Subsidiary · Bloomfield, Connecticut, United States
    • Riverbend Hanover Properties II LLC Subsidiary · Harrisburg, Pennsylvania, United States
    • RIVERBEND ORLANDO HOLDINGS I, LLC Subsidiary · Bloomfield, Connecticut, United States
    • RIVERBEND ORLANDO HOLDINGS III, LLC Subsidiary · Bloomfield, Connecticut, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What INDUS REALTY TRUST, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$71.1M13 Dec 31, 2022$55.1M13 Dec 31, 2021+29.1%
Construction in progress$21.4M13 Dec 31, 2022$21.1M8 Dec 31, 2021+1.3%
Accumulated depreciation$381.0K13 Dec 31, 2022$1.1M13 Dec 31, 2021−63.7%
Property and equipment, net$1.8M13 Dec 31, 2022$369.0K13 Dec 31, 2021+385.4%
Operating-lease assets (leased space)$2.1M13 Dec 31, 2022$593.0K13 Dec 31, 2021+258.0%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, at cost$587.9M13 Dec 31, 2022$493.7M8 Dec 31, 2021+19.1%
Real estate accumulated depreciation$98.2M13 Dec 31, 2022$85.0M13 Dec 31, 2021+15.6%
Area of land217,000 sq ft8 Jan 19, 2022

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$52.0M13 Dec 31, 2022$150.3M13 Dec 31, 2021−65.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, net$5.8M13 Dec 31, 2022$5.5M13 Dec 31, 2021+5.8%

Leadership

Who has led INDUS REALTY TRUST, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Gregory Michael Schaan2008
  2. Frederick M. Danziger2013–2015
  3. Michael Gamzon2016–2023

Chair

  1. Frederick M. Danziger2012–2019

President

  1. Anthony J. Galici2006–2018
  2. Frederick M. Danziger2006–2011
  3. Gregory Michael Schaan2008
  4. Michael Gamzon2015–2023

Chief financial officer

  1. Anthony J. Galici2006–2021

Chief operating officer

  1. Michael Gamzon2015
2010201520202025
Board members and other officers (19)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Chief Financial OfficerJon W. Clark named Jul 13, 202338
  • DirectorDavid W. Sukenik named Jul 13, 202338
  • DirectorSam W. Fancher named Jul 13, 202338
  • DirectorWilliam W. Rahm named Jul 13, 202338

Subsidiaries and ownership

Subsidiaries (GLEIF)

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Former names

  • GRIFFIN INDUSTRIAL REALTY, INC.Jul 10, 2015 to Dec 30, 20203
  • GRIFFIN LAND & NURSERIES INCMay 12, 1997 to May 13, 20153

Timeline

  1. Jun 29, 20238-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer39
  2. Jun 23, 20238-K Other events40
  3. Jun 12, 20238-K Regulation FD disclosure41
  4. May 17, 20238-K Shareholder vote42
  5. May 11, 20238-K Other events43
  6. May 8, 20238-K Other events44
  7. May 3, 20238-K Results of operations45
  8. Mar 16, 20238-K Regulation FD disclosure46
  9. Mar 6, 20238-K Results of operations47
  10. Feb 22, 20238-K Entered a material agreement; Regulation FD disclosure; Other events48
  11. Jan 25, 20238-K Regulation FD disclosure49
  12. Jan 9, 20238-K Regulation FD disclosure50
  13. Apr 21, 2016New chief executive Michael Gamzon becomes CEO14
  14. Oct 16, 2013New chief executive Frederick M. Danziger becomes CEO15
  15. Apr 11, 2008New chief executive Gregory Michael Schaan becomes CEO16

Calendar

When it reported results

  1. May 3, 2023Reported quarterly or annual results45
  2. Mar 6, 2023Reported quarterly or annual results47
  3. Nov 8, 2022Reported quarterly or annual results51
  4. Aug 8, 2022Reported quarterly or annual results52
  5. May 10, 2022Reported quarterly or annual results53
  6. Mar 7, 2022Reported quarterly or annual results54
  7. Nov 4, 2021Reported quarterly or annual results55

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

169 filings to the SEC since October 2021: 3 annual reports, 5 quarterly reports, 38 major events, 84 insider forms, 20 large holders, 1 private raises, 18 other. The latest 20:

  1. Jul 13, 2023D EDGAR
  2. Jul 10, 202315-12G EDGAR
  3. Jul 7, 2023SC 13D/A EDGAR
  4. Jul 6, 2023SC 13D/A EDGAR
  5. Jul 3, 2023SC 13D/A EDGAR
  6. Jun 30, 2023EFFECT EDGAR
  7. Jun 30, 2023EFFECT EDGAR
  8. Jun 30, 2023EFFECT EDGAR
  9. Jun 30, 2023SC 13D/A EDGAR
  10. Jun 30, 2023S-8 POS EDGAR
  11. Jun 30, 2023S-8 POS EDGAR
  12. Jun 30, 2023POS AM EDGAR
  13. Jun 30, 2023POS AM EDGAR
  14. Jun 30, 2023POS AM EDGAR
  15. Jun 30, 20234 FORM 4 SUBMISSION EDGAR
  16. Jun 30, 20234 EDGAR
  17. Jun 29, 202325-NSE EDGAR
  18. Jun 29, 20234 OWNERSHIP DOCUMENT EDGAR
  19. Jun 29, 20234 OWNERSHIP DOCUMENT EDGAR
  20. Jun 29, 20234 OWNERSHIP DOCUMENT EDGAR

The 169 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

45 open-market trades by officers, directors and large owners since October 2021: 45 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 14, 2022Clark Jon W.Executive Vice PresidentBuy1,000$56.48$56.5KForm 4
May 5, 2022Centerbridge Partners Real Estate Fund SBS II, L.P.10% ownerBuy35,000$71.00$2.5MForm 4
May 4, 2022Centerbridge Partners Real Estate Fund SBS II, L.P.10% ownerBuy7,127$71.51$509.7KForm 4
May 3, 2022Centerbridge Partners Real Estate Fund SBS II, L.P.10% ownerBuy5,629$71.97$405.1KForm 4
May 2, 2022CPREF II AIV II - B, L.P.10% ownerBuy37,905$71.79$2.7MForm 4
Apr 29, 2022CPREF II AIV II - B, L.P.10% ownerBuy20,000$71.80$1.4MForm 4
Apr 28, 2022Centerbridge Partners Real Estate Associates II, L.P.10% ownerBuy13$72.00$936Form 4
Apr 27, 2022Centerbridge Partners Real Estate Associates II, L.P.10% ownerBuy197$72.00$14.2KForm 4
Apr 26, 2022CPREF II AIV II - B, L.P.10% ownerBuy2,074$72.00$149.3KForm 4
Apr 25, 2022CPREF II AIV II - B, L.P.10% ownerBuy4,107$71.99$295.7KForm 4
Apr 13, 2022CPREF II AIV II - B, L.P.10% ownerBuy688$72.00$49.5KForm 4
Apr 12, 2022CPREF II Cayman GP Ltd.10% ownerBuy33,325$72.08$2.4MForm 4
Apr 11, 2022CPREF II Cayman GP Ltd.10% ownerBuy9,001$71.94$647.5KForm 4
Apr 6, 2022CCP SBS GP, LLC10% ownerBuy61$72.00$4.4KForm 4
Apr 5, 2022CPREF II Cayman GP Ltd.10% ownerBuy72$72.00$5.2KForm 4
Mar 28, 2022CPREF II AIV II - A, L.P.10% ownerBuy4,076$73.43$299.3KForm 4
Mar 25, 2022CPREF II AIV II - A, L.P.10% ownerBuy1,124$71.99$80.9KForm 4
Mar 24, 2022CPREF II AIV II - A, L.P.10% ownerBuy4,086$71.98$294.1KForm 4
Mar 23, 2022CPREF II AIV II - A, L.P.10% ownerBuy7,026$71.99$505.8KForm 4
Mar 15, 2022Centerbridge Partners Real Estate Associates II, L.P.10% ownerBuy11,390$71.98$819.9KForm 4

All 45 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jun 29, 2023Raised $125,000 in a private offering of equity Form D: 125 investors so far Form D

SEC filer profile

How INDUS REALTY TRUST, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARINDUS REALTY TRUST, INC.1
  • CIK0001037390
  • Employer ID (EIN)06-08684861
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inMaryland1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6500 Real Estate1
  • Business address641 Lexington Avenue, 26Th Floor, New York, NY 100221
  • Phone21221879101
  • Shares outstanding10,197,968 as of May 1, 202312
  • Public float$462.7M as of Jun 30, 202262
  • On EDGAR sinceApr 8, 19971
  • Filings1,090 in all: 4 (408), 8-K (342), 10-Q (78), SC 13D/A (68), DEF 14A (26), 10-K (25), UPLOAD (18), 3 (16)1
    All 42 form types

    CORRESP (12), 5 (10), EFFECT (8), 10-K/A (7), 424B5 (6), S-8 POS (6), 4/A (4), POS AM (4), S-3 (4), SC 13D (4), SC 13G (4), SC 13G/A (4), 8-K/A (3), DEFA14A (3), NT 10-Q (3), PRE 14A (3), S-8 (3), 10-12B/A (2), 10-12G/A (2), 10-Q/A (2), D (2), 10-12G (1), 10-K405 (1), 15-12G (1), 25-NSE (1), 3/A (1), 424B3 (1), DEFC14A (1), DEFM14A (1), DEFR14A (1), FWP (1), PREC14A (1), PREM14A (1), PRRN14A (1)

  • Latest filingsAnnual report (10-K) Mar 6, 2023
    Quarterly report (10-Q) May 3, 2023
    Proxy statement (DEF 14A) Apr 27, 2022
    Latest 8-K (8-K) Jun 29, 2023

Sources

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