UE on NYSE

Urban Edge Properties

American real estate company, incorporated in Maryland, listed on NYSE (UE).

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Last updated Oct 18, 2026.

Overview

Compare with Terreno Realty Corp, OFFICE PROPERTIES INCOME TRUST or Millrose Properties, Inc., or pick any stock.

TickerUE on NYSE
IndustryReal Estate
HeadquartersMD
Incorporated inMD²
Business address12 East 49Th Street, 44Th Floor, New York, Ny 10017²
Filer categoryLarge accelerated filer²

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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 2025

19.8%Net margin³

6.1%Revenue growth, 2025³

6.8%Return on equity³

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Rental Revenue brought in 100% of the revenue Urban Edge Properties broke down this way in fiscal 2025.

Rental Revenue$470.7M³100%up 6% from 2024
Product and Service, Other$1.2M³0%up 149% from 2024

Products and services by year

Products and services	2023	2024	2025
Rental Revenue	$406.1M	$444.5M	$470.7M
Product and Service, Other	$10.8M	$501.0K	$1.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

Other costsProfit

Other costs80¢$375.8M
Income tax1¢$2.6M
Profit20¢$93.5M

Out of $471.9M in revenue.³

Where each dollar of operating cash went, fiscal 2025

Dividends paidKept or used elsewhere

Dividends paid52¢$95.5M
Kept or used elsewhere48¢$87.2M

Out of $182.7M of cash from operations.³

Financial statements

Revenue⁴⁵⁶⁷³$471.9M in 2025+22% since 2019

Net income⁴⁵⁶⁷³$93.5M in 2025−15% since 2019

Every line of the income statement as filed: the last 3 fiscal years, latest first.³

Period ending	2025-12-31	2024-12-31	2023-12-31
Revenues	$471.9M	$445.0M	$416.9M
Depreciation and amortization	$139.2M	$150.4M	$109.0M
Real estate taxes	$66.4M	$68.7M	$64.9M
Property operating	$86.4M	$78.8M	$68.6M
General and administrative	$40.0M	$37.5M	$37.1M
Real estate impairment loss	$0	$0	$34.1M
Lease expense	$13.2M	$13.2M	$12.6M
Other expense	$349.0K	$0	$0
Total expenses	$345.5M	$348.5M	$326.2M
Gain on sale of real estate	$49.7M	$38.8M	$217.7M
Interest income	$2.8M	$2.7M	$3.0M
Interest and debt expense	-$78.2M	-$81.6M	-$74.9M
Gain (loss) on extinguishment of debt	-$534.0K	$21.4M	$41.1M
Income before income taxes	$100.1M	$77.8M	$277.7M
Income tax expense	-$2.6M	-$2.4M	-$17.8M
Net income	$97.5M	$75.4M	$259.9M
Consolidated subsidiaries	$1.0M	$1.1M	$520.0K
Net income (loss) attributable to common shareholders	$93.5M	$72.6M	$248.5M
Earnings per common share - Basic (in dollars per share)	$0.74	$0.60	$2.11
Earnings per common share - Diluted (in dollars per share)	$0.74	$0.60	$2.11
Weighted average shares outstanding - Basic (in shares)	125.7M shares	121.3M shares	117.5M shares
Weighted average shares outstanding - Diluted (in shares)	125.9M shares	121.4M shares	117.6M shares
Effective portion of change in fair value of derivatives	-$928.0K	-$301.0K	-$179.0K
Comprehensive income	$96.6M	$75.1M	$259.7M
Operating partnership	$48.0K	$18.0K	$10.0K
Operating partnership	-$5.0M	-$4.0M	-$11.9M
Comprehensive income attributable to common shareholders	$92.7M	$72.3M	$248.3M

Total assets¹¹⁴⁵⁶⁷³$3.3B in 2025+16% since 2019

Total liabilities¹¹⁴⁵⁶⁷³$1.9B in 2025+6% since 2019

Shareholders’ equity⁵⁶⁷³$1.4B in 2025+36% since 2019

Cash⁵⁶⁷³$48.9M in 2025−89% since 2019

Long-term debt¹¹⁴⁵$1.7B in 2022+9% since 2019

Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.³

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Land	$669.1M	$660.2M
Buildings and improvements	$2.8B	$2.8B
Construction in progress	$327.4M	$289.1M
Furniture, fixtures and equipment	$13.1M	$11.3M
Total	$3.8B	$3.8B
Accumulated depreciation and amortization	-$935.5M	-$886.9M
Real estate, net	$2.9B	$2.9B
Operating lease right-of-use assets	$58.9M	$65.5M
Cash and cash equivalents	$48.9M	$41.4M	$101.1M	$85.5M
Restricted cash	$30.0M	$49.3M	$73.1M	$43.3M
Tenant and other receivables	$26.7M	$20.7M
Receivables arising from the straight-lining of rents	$63.8M	$61.2M
Identified intangible assets, net of accumulated amortization of $70,514 and $65,027, respectively	$87.6M	$109.8M
Deferred leasing costs, net of accumulated amortization of $21,982 and $22,488, respectively	$31.2M	$27.8M
Prepaid expenses and other assets	$55.2M	$70.6M
Total assets	$3.3B	$3.3B
Mortgages payable, net	$1.6B	$1.6B
Unsecured credit facility	$0	$50.0M
Operating lease liabilities	$56.3M	$62.6M
Accounts payable, accrued expenses and other liabilities	$97.4M	$90.0M
Identified intangible liabilities, net of accumulated amortization of $59,668 and $50,275, respectively	$174.9M	$177.5M
Total liabilities	$1.9B	$1.9B
Common shares: $0.01 par value; 500,000,000 shares authorized and 125,912,647 and 125,450,684 shares issued and outstanding, respectively	$1.3M	$1.3M
Additional paid-in capital	$1.2B	$1.1B
Accumulated other comprehensive (loss) income	-$703.0K	$177.0K
Accumulated earnings	$124.6M	$126.7M
Operating partnership	$69.1M	$65.1M
Consolidated subsidiaries	$18.3M	$18.6M
Total equity	$1.4B	$1.4B	$1.2B	$1.0B
Total liabilities and equity	$3.3B	$3.3B
Accumulated amortization, identified intangible assets	$70.5M	$65.0M
Accumulated amortization, deferred leasing costs	$22.0M	$22.5M
Below market lease, accumulated amortization	$59.7M	$50.3M
Common stock, shares, outstanding (in shares)	125.9M shares	125.5M shares
Common stock, par value (in dollars per share)	$0.01
Common stock, shares authorized (in shares)	500.0M shares
Common stock, shares issued (in shares)	125.9M shares	125.5M shares

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Land	$669.1M	$660.2M
Buildings and improvements	$2.8B	$2.8B
Construction in progress	$327.4M	$289.1M
Furniture, fixtures and equipment	$13.1M	$11.3M
Total	$3.8B	$3.8B
Accumulated depreciation and amortization	-$935.5M	-$886.9M
Real estate, net	$2.9B	$2.9B
Operating lease right-of-use assets	$58.9M	$65.5M
Cash and cash equivalents	$48.9M	$41.4M	$101.1M	$85.5M
Restricted cash	$30.0M	$49.3M	$73.1M	$43.3M
Tenant and other receivables	$26.7M	$20.7M
Receivables arising from the straight-lining of rents	$63.8M	$61.2M
Identified intangible assets, net of accumulated amortization of $70,514 and $65,027, respectively	$87.6M	$109.8M
Deferred leasing costs, net of accumulated amortization of $21,982 and $22,488, respectively	$31.2M	$27.8M
Prepaid expenses and other assets	$55.2M	$70.6M
Total assets	$3.3B	$3.3B
Mortgages payable, net	$1.6B	$1.6B
Unsecured credit facility	$0	$50.0M
Operating lease liabilities	$56.3M	$62.6M
Accounts payable, accrued expenses and other liabilities	$97.4M	$90.0M
Identified intangible liabilities, net of accumulated amortization of $59,668 and $50,275, respectively	$174.9M	$177.5M
Total liabilities	$1.9B	$1.9B
Common shares: $0.01 par value; 500,000,000 shares authorized and 125,912,647 and 125,450,684 shares issued and outstanding, respectively	$1.3M	$1.3M
Additional paid-in capital	$1.2B	$1.1B
Accumulated other comprehensive (loss) income	-$703.0K	$177.0K
Accumulated earnings	$124.6M	$126.7M
Operating partnership	$69.1M	$65.1M
Consolidated subsidiaries	$18.3M	$18.6M
Total equity	$1.4B	$1.4B	$1.2B	$1.0B
Total liabilities and equity	$3.3B	$3.3B
Accumulated amortization, identified intangible assets	$70.5M	$65.0M
Accumulated amortization, deferred leasing costs	$22.0M	$22.5M
Below market lease, accumulated amortization	$59.7M	$50.3M
Common stock, shares, outstanding (in shares)	125.9M shares	125.5M shares
Common stock, par value (in dollars per share)	$0.01
Common stock, shares authorized (in shares)	500.0M shares
Common stock, shares issued (in shares)	125.9M shares	125.5M shares

Cash from operations⁴⁵⁶⁷³$182.7M in 2025+17% since 2019

Dividends paid⁴⁵⁶⁷³$95.5M in 2025−10% since 2019

Share buybacks⁴⁵$0 in 2022

Every line of the cash flow as filed: the last 3 fiscal years, latest first.³

Period ending	2025-12-31	2024-12-31	2023-12-31
Net income	$97.5M	$75.4M	$259.9M
Depreciation and amortization	$139.5M	$151.0M	$109.8M
Gain on sale of real estate	-$49.7M	-$38.8M	-$217.7M
Amortization of above and below market leases, net	-$15.1M	-$10.1M	-$11.6M
Amortization of lease incentives	$387.0K	$467.0K	$422.0K
Noncash lease expense	$6.6M	$7.3M	$6.6M
Straight-lining of rent	-$2.8M	-$2.6M	-$3.7M
Share-based compensation expense	$11.8M	$10.4M	$7.8M
Real estate impairment loss	$0	$0	$34.1M
Loss (gain) on extinguishment of debt	$534.0K	-$21.4M	-$41.1M
Amortization of deferred financing costs and premiums/discounts on debt obligations	$5.7M	$4.0M	$2.9M
Tenant and other receivables	-$6.0M	-$6.0M	$2.8M
Deferred leasing costs	-$8.3M	-$6.4M	-$8.5M
Prepaid and other assets	$1.8M	$349.0K	$12.4M
Lease liabilities	-$6.3M	-$7.1M	-$6.3M
Accounts payable, accrued expenses and other liabilities	$7.0M	-$3.4M	$15.2M
Net cash provided by operating activities	$182.7M	$153.2M	$163.0M
Real estate development and capital improvements	-$100.9M	-$110.6M	-$115.7M
Acquisitions of real estate	-$39.2M	-$184.5M	-$314.9M
Proceeds from sale of real estate	$64.5M	$60.4M	$312.9M
Net cash used in investing activities	-$75.6M	-$234.7M	-$117.7M
Proceeds from mortgage loan borrowings	$123.6M	$211.0M	$469.7M
Debt repayments	-$213.8M	-$387.4M	-$693.9M
Borrowings under unsecured credit facility	$75.0M	$125.0M	$309.0M
Dividends paid to common shareholders	-$95.5M	-$82.9M	-$75.2M
Distributions paid to redeemable noncontrolling interests	-$5.3M	-$4.4M	-$3.2M
Taxes withheld for vested restricted shares	-$273.0K	-$195.0K	-$119.0K
Debt issuance costs	-$2.8M	-$4.1M	-$8.5M
Proceeds related to the issuance of common shares, net	-$419.0K	$136.6M	$372.0K
Contributions from noncontrolling interests	$716.0K	$4.3M	$2.0M
Net cash (used in) provided by financing activities	-$118.9M	-$2.1M	$161.0K
Net (decrease) increase in cash and cash equivalents and restricted cash	-$11.8M	-$83.6M	$45.5M
Cash payments for interest net of amounts capitalized	$72.5M	$80.7M	$69.0M
Cash payments for income taxes	$866.0K	$9.9M	$52.0K
Mortgage debt modification	$80.2M	$0	$0
Write-off of fully depreciated and impaired assets	$41.4M	$17.2M	$42.0M
Accrued capital expenditures included in accounts payable and accrued expenses	$23.7M	$16.1M	$21.6M
Issuance of LTIP units	$5.5M	$0	$0
Assumption of debt through acquisition of real estate, net of debt mark-to-market	$0	$54.9M	$0
Assignment of debt through disposition of real estate	$0	$44.5M	$0
Mortgage debt forgiven	$0	$0	$44.1M
Transfer of assets held for sale included in prepaid expenses and other assets	$0	$10.3M	$0
Real estate, net	$0	$47.5M	$0
Mortgage debt, net	$0	$68.6M	$0
Capitalized interest	$12.4M	$10.6M	$11.2M

Compare Urban Edge Properties with another company

Leadership

Who has led Urban Edge Properties, and when. Pick a name to see everywhere that person has worked.

Chief executive

Jeffrey S. Olson2014–now

Chair

Jeffrey S. Olson2014–now

Chief financial officer

Chief operating officer

201520202025

Chief executive officerJeffrey S. Olson Dec 30, 2014 to now¹²
ChairJeffrey S. Olson Dec 30, 2014 to now¹²
Chief financial officerMark Langer Apr 22, 2015 to now¹³
Chief financial officerMatthew Iocco Dec 30, 2014 to Dec 30, 2014¹⁴
Chief operating officerJeffrey Mooallem Jan 17, 2023 to now¹⁵
Chief operating officerChristopher Weilminster Sep 28, 2018 to Mar 2, 2022¹⁶
Chief operating officerRobert Minutoli Dec 30, 2014 to Feb 28, 2018¹⁷

Board members and other officers (20)

Chief Accounting OfficerAndrea Rosenthal Drazin Oct 21, 2022 to now¹⁸
EVP of DevelopmentVita Danielle De Jan 22, 2021 to Feb 14, 2023¹⁹
EVP - Asset ManagementBernard Schachter May 16, 2016 to May 18, 2018²⁰
Chief Investment OfficerEdge Properties Urban Apr 30, 2015 to Apr 30, 2015²¹
Chief Investment OfficerHerbert Eilberg May 1, 2015 to Mar 2, 2022²²
Chief Accounting OfficerJennifer Holmes Dec 30, 2014 to Apr 5, 2022²³
SVP - LeasingMichael Zucker Dec 30, 2014 to Nov 7, 2018²⁴
Board memberCatherine Rice Mar 15, 2023 to now²⁵
Board memberMary Baglivo Sep 1, 2022 to now²⁶
Board memberKatherine M. Sandstrom Oct 3, 2022 to now²⁷
Board memberSusan Givens Jul 1, 2021 to Jun 14, 2022²⁸
Board memberNorman K. Jenkins Nov 22, 2021 to now²⁹
Board memberDouglas William Sesler Mar 30, 2020 to now³⁰
Board memberSteven Roth Jan 20, 2015 to Jun 14, 2022³¹
Board memberAmy Lane Jan 26, 2015 to May 7, 2021³²
Board memberSteven H. Grapstein Jan 26, 2015 to now³³
Board memberKevin P. O'Shea Dec 30, 2014 to now³⁴
General counselHeather Ohlberg Jun 3, 2025 to now³⁵
General counselRobert C. Milton Iii. Jan 5, 2016 to now³⁶
General counselDonald P. Casy Dec 30, 2014 to Feb 19, 2015³⁷

Former names

Vornado SpinCoJun 26, 2014 to Sep 19, 2014²

Timeline

Dec 30, 2014New chief executive Jeffrey S. Olson becomes CEO¹²

Filings

174 filings to the SEC since October 2021: 8 major events, 114 insider forms, 23 large holders, 29 other. The latest 20:

Jul 13, 2026SCHEDULE 13G/A EDGAR
May 12, 20264 EDGAR
May 11, 20264 EDGAR
May 8, 2026144 EDGAR
May 8, 20264 EDGAR
May 8, 20264 EDGAR
May 8, 20264 EDGAR
May 8, 20264 EDGAR
May 8, 20264 EDGAR
May 8, 20264 EDGAR
May 8, 20264 EDGAR
May 6, 20268-K EDGAR
Apr 30, 2026SCHEDULE 13G EDGAR
Mar 26, 2026SCHEDULE 13G/A EDGAR
Mar 24, 2026ARS EDGAR
Mar 24, 2026DEFA14A EDGAR
Mar 24, 2026DEF 14A EDGAR
Mar 16, 20264 EDGAR
Mar 16, 20264 EDGAR
Mar 16, 20264 EDGAR

The 174 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

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

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 23 such filings since October 2021, the latest 10:

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
BlackRock, Inc.	22,889,642	$523.7M	0.0%	−152,259
Fmr LLC	18,432,638	$421.7M	0.0%	−460,760
Vanguard Portfolio Management LLC	14,383,809	$329.1M	0.0%	+236,272
State Street Corp	7,252,805	$165.9M	0.0%	+99,675
Vanguard Capital Management LLC	5,666,259	$129.6M	0.0%	−15,985
Jennison Associates LLC	4,757,938	$108.9M	0.1%	+172,682
Resolution Capital Ltd	4,190,823	$95.9M	1.8%	+249,885
Millennium Management LLC	3,748,004	$85.8M	0.1%	+2,387,790
Geode Capital Management, LLC	3,578,684	$81.9M	0.0%	+195,581
Westwood Holdings Group Inc	3,024,783	$69.2M	0.5%	−520,226
Charles Schwab Investment Management Inc	2,658,155	$60.8M	0.0%	+86,768
Dimensional Fund Advisors LP	1,885,281	$43.1M	0.0%	+17,974
Nuveen, LLC	1,866,881	$42.7M	0.0%	−79,292
Northern Trust Corp	1,788,622	$40.9M	0.0%	+97,413
Morgan Stanley	1,524,275	$34.9M	0.0%	+308,845
Massachusetts Financial Services Co /ma/	1,233,072	$28.2M	0.0%	−57,905
Bank of New York Mellon Corp	1,099,285	$25.2M	0.0%	−152,782
Wellington Management Group Llp	972,219	$22.2M	0.0%	−1,748,549
Vanguard Fiduciary Trust Co	838,504	$19.2M	0.0%	+24,401
Panagora Asset Management Inc	837,934	$19.2M	0.1%	+332,211
Fisher Asset Management, LLC	778,973	$17.8M	0.0%	+145,730
Legal & General Group Plc	777,116	$17.8M	0.0%	−33,738
Citadel Advisors LLC	708,725	$16.2M	0.0%	−1,469,013
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	689,696	$15.8M	0.0%	+16,867
Goldman Sachs Group Inc	673,315	$15.4M	0.0%	−471,789

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

5 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

Date	Member	Trade	Amount	Vs S&P since	Filing
Oct 31, 2025	Lisa C. McClainRepublican, House	Sale	$1,001 - $15,000	+12.8%	Report
Oct 30, 2025	Lisa C. McClainRepublican, House	Buy	$1,001 - $15,000	−13.8%	Report
Oct 30, 2025	Lisa C. McClainRepublican, House	Sale	$1,001 - $15,000	+13.8%	Report
Jun 17, 2025	Lisa C. McClainRepublican, House	Buy	$1,001 - $15,000	−24.1%	Report
Jul 12, 2023	Daniel S. GoldmanDemocratic, House	Sale	$1,001 - $15,000	+56.5%	Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARUrban Edge Properties filings on SEC EDGAR
2
SEC EDGARUrban Edge Properties filings on SEC EDGAR
3
SEC EDGARUrban Edge Properties 10-K for fiscal 2025
4
SEC EDGARUrban Edge Properties 10-K for fiscal 2019
5
SEC EDGARUrban Edge Properties 10-K for fiscal 2020
6
SEC EDGARUrban Edge Properties 10-K for fiscal 2021
7
SEC EDGARUrban Edge Properties 10-K for fiscal 2022
8
SEC EDGARUrban Edge Properties 10-Q for fiscal 2025
9
SEC EDGARUrban Edge Properties 10-Q for fiscal 2025
10
SEC EDGARUrban Edge Properties 10-Q for fiscal 2026
11
SEC EDGARUrban Edge Properties 10-K for fiscal 2019
12
SEC EDGARJeffrey S. Olson, Chief executive officer
13
SEC EDGARMark Langer, Chief financial officer
14
SEC EDGARMatthew Iocco, Chief financial officer
15
SEC EDGARJeffrey Mooallem, Chief operating officer
16
SEC EDGARChristopher Weilminster, Chief operating officer
17
SEC EDGARRobert Minutoli, Chief operating officer
18
SEC EDGARAndrea Rosenthal Drazin, Chief Accounting Officer
19
SEC EDGARVita Danielle De, EVP of Development
20
SEC EDGARBernard Schachter, EVP - Asset Management
21
SEC EDGAREdge Properties Urban, Chief Investment Officer
22
SEC EDGARHerbert Eilberg, Chief Investment Officer
23
SEC EDGARJennifer Holmes, Chief Accounting Officer
24
SEC EDGARMichael Zucker, SVP - Leasing
25
SEC EDGARCatherine Rice, Board member
26
SEC EDGARMary Baglivo, Board member
27
SEC EDGARKatherine M. Sandstrom, Board member
28
SEC EDGARSusan Givens, Board member
29
SEC EDGARNorman K. Jenkins, Board member
30
SEC EDGARDouglas William Sesler, Board member
31
SEC EDGARSteven Roth, Board member
32
SEC EDGARAmy Lane, Board member
33
SEC EDGARSteven H. Grapstein, Board member
34
SEC EDGARKevin P. O'Shea, Board member
35
SEC EDGARHeather Ohlberg, General counsel
36
SEC EDGARRobert C. Milton Iii., General counsel
37
SEC EDGARDonald P. Casy, General counsel