Gadsden Properties Company Description
Gadsden Properties, Inc. is a Nevada corporation that was formed on December 28, 2010.
Gadsden concentrates primarily on investments in high quality income-producing assets, residential developments and other opportunistic commercial properties in secondary and tertiary markets across the United States.
The Company derives value from smaller, flexible retail investments that range from $5 million to $50 million and off-market mixed-use properties ranging from $50 million to $250 million.
As a result of this chosen strategy, we believe that Gadsden is developing a unique competitive advantage that generally allows the Company to invest in markets and assets that are often overlooked by larger institutional investors, such as publicly-traded REITs and other large institutional investors.
As part of its strategy, Gadsden attracts specific sellers that prefer the tax deferral advantages offered through issuing operating partnership units in exchange for their properties.
These real estate assets are typically operated by independent owners that are seeking to monetize their real estate holdings, and who are typically not well capitalized or well-seasoned real estate operators.
These transactions create a variety of outcomes for Gadsden and the sellers – typically resulting in lease-up and value-added opportunities that may not be otherwise achieved.
Country | United States |
Founded | 1980 |
Industry | REIT - Diversified |
Sector | Real Estate |
CEO | Billie Parrish |
Contact Details
Address: 8800 Village Drive San Antonio, Nevada 78217-5420 United States | |
Phone | (480) 530-3495 |
Website | gadsdenreit.com |
Stock Details
Ticker Symbol | GADS |
Exchange | OTCMKTS |
Stock Type | Common Stock |
Fiscal Year | January - December |
Reporting Currency | USD |
ISIN Number | US36257R1041 |
SIC Code | 6552 |
Key Executives
Name | Position |
---|---|
Billie Jay Parrish | Interim Chief Executive Officer and Director |
George Bell | President and Chief Operating Officer |
Michele Pupach | Secretary and Corporate Counsel |
Brian Ringel | Corporate Controller |
Scott Yorkison | Vice President of Acquisitions |