Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR, WHLRP, WHLRD) (“Wheeler” or the “Company”) today announced that its Board of Directors (the “Board”) has designated Stefani Carter as Chairman-Elect and appointed Daniel Khoshaba to the Executive Committee.
“This is another deliberate step in reducing the carrying balance on our KeyBank line of credit, which has been reduced from $68 million since we began our strategic transformation in January 2018,” stated David Kelly, President and CEO. The Company obtained a 5-year fixed rate term loan with Citibank® for $6 million at an interest rate of 4.45%, which is approximately 84 basis points below the current interest rate on the Company’s KeyBank line of credit as of December 31, 2019.
VIRGINIA BEACH, Va., Aug. 05, 2019 -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”) today reported operating and financial results for the.
VIRGINIA BEACH, Va., Nov. 22, 2019 -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real.
WHLR urges shareholders to vote for all of the Company’s highly qualified nominees on the WHITE proxy card. After his failed attempt last year, Joe Stilwell has launched another proxy fight to have himself and his two nominees elected to your Board. Prior to the 2018 proxy fight we offered a settlement to Mr. Stilwell that would give him two seats on the Board.
Potential Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) shareholders may wish to note that the Independent...
VIRGINIA BEACH, Va., May 12, 2020 -- WHLR Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”) announced today that it has reported its financial and.
NEW YORK, Nov. 14, 2019 /PRNewswire/ -- The Stilwell Group, the largest shareholder of Wheeler Real Estate Investment Trust, Inc. (the "Company")(WHLR), today announced that it delivered an open letter to shareholders of the Company.
NEW YORK, Nov. 19, 2019 /PRNewswire/ -- The Stilwell Group, the largest shareholder of Wheeler Real Estate Investment Trust, Inc. (the "Company")(WHLR), today announced that it delivered the following open letters to shareholders of the Company. Wheeler continues trying to distract you from the real issue plaguing the Company, which is their persistent failure to manage the Company in the owners' best interest. This election is about the need for change at WHLR.
Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) shareholders should be happy to see the share price up 20% in...
Over the last month the Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) has been much stronger than before...
VIRGINIA BEACH, Va. , Nov. 06, 2019 -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”) today reported operating and financial results for the.
VIRGINIA BEACH, Va., Feb. 26, 2020 -- WHLR Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”) today reported financial and operating results for the.
The Stilwell Group ("Stilwell"), the largest stockholder of Wheeler Real Estate Investment Trust, Inc. (the "Company" or "Wheeler")(NASDAQ: WHLR), today announced that Institutional Shareholder Services Inc. ("ISS"), one of the leading independent proxy voting advisory firms, has recommended that Wheeler stockholders vote on Stilwell's GREEN proxy card FOR the election of two of Stilwell's highly-qualified nominees, Joseph Stilwell and Paula Poskon, at the Company's upcoming 2019 annual meeting of stockholders. ISS also recommended that stockholders vote AGAINST the Company's say on pay proposal and omnibus stock plan.
Potential Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) shareholders may wish to note that insider Daniel...
The Stilwell Group ("Stilwell"), the largest shareholder of Wheeler Real Estate Investment Trust, Inc. ("Wheeler" or the "Company")(NASDAQ:WHLR, WHLRP, WHLRD), today announced that based on preliminary voting results from Wheeler's Annual Meeting of Shareholders held today, Wheeler shareholders have elected all three of Stilwell's director nominees, Joseph D. Stilwell, Paula J. Poskon and Kerry G. Campbell, to Wheeler's Board of Directors. The results are expected to be certified in the coming days.
Egan-Jones has identified that WHLR is on course and taking the correct steps to strengthen its financial position with its existing management team and Board who possess the right mix of qualifications, expertise and experience to implement and accomplish the stated goal of returning shareholder value. Egan-Jones also stated that Stilwell has not produced a comprehensive plan that would compel them to support Stilwell’s claims against WHLR.
The Stilwell Group ("Stilwell"), the largest shareholder of Wheeler Real Estate Investment Trust, Inc. ("Wheeler" or the "Company")(NASDAQ:WHLR, WHLRP, WHLRD), today announced that the Independent Inspector of Election has certified the voting results from Wheeler's Annual Meeting of Shareholders confirming that Wheeler shareholders have elected all three of Stilwell's director nominees, Joseph D. Stilwell, Paula J. Poskon and Kerry G. Campbell, to Wheeler's Board of Directors. The certified voting results with respect to the election of directors are included below.1
Glass Lewis has identified WHLR’s ongoing efforts to return shareholder value through the execution of its plan and the continued refreshment of its Board versus Stilwell’s lack of any substantive ideas or additive candidates and Stilwell’s lack of transparency regarding his associations and business practices.
Wheeler Real Estate Investment Trust, Inc. (WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers, today announced that it filed its Definitive Proxy Statement on form 14A with the Securities and Exchange Commission (“SEC”). In addition, the Company has issued an open letter to its stockholders, regarding proposed Board of Director control and experience of Joseph Stilwell, Stilwell Value Partners VII, L.P., Stilwell Value LLC and certain of their affiliates solicitation of proxies for the Company’s 2019 Annual Meeting of Shareholders, which will be held on December 19, 2019 at 9:30 am Eastern Standard Time.