BNET Industries

Market Cap:$1.3B
Last Fiscal Year Sales:$246.6M
  • Public
  • US
Dow Jones Description

Equity One is a fully integrated real estate investment trust specializing in the acquisition, asset management, development and redevelopment of quality neighborhood and community shopping centers located in strategic metropolitan areas across the United States. Our core operating strategy is to maximize our return on equity by maintaining high occupancy levels, attracting and retaining a strong base of tenants and enhancing the value of our core assets. The majority of our shopping centers are anchored by leading supermarkets, pharmacies and large retail stores. We seek to create and maintain a diverse tenant mix in order to limit our exposure to any one tenant or retail segment. In addition, the majority of our tenants are considered "necessity based" retailers ensuring that our tenants thrive in any economic environment. Many of our properties are located in some of the most densely populated and highest growth areas of the country, including the metropolitan areas around Miami, Fort Lauderdale, West Palm Beach, Jacksonville, Orlando, Atlanta, Georgia and Boston. Our shopping centers have strong trade area demographics helping our tenants to generate higher sales, which has enabled us to maintain high occupancy rates. We concentrate our growth in supply constrained coastal metropolitan markets where we believe barriers to entry are high and that offer fundamentally strong rental growth opportunities. ...

President, Chief Executive Officer and Director
Jeffrey S. Olson
Number of Employees 159
Contact Information

1600 NE Miami Gardens Dr

North Miami Beach, Florida 33179

equityone.net

(305) 947-1664

NAICS Code : 525930

Recent Events

  • Equity One Acquires 22-Acre Property on Long Island, New York

    11/18/09 - Merger / Acquisition - View Story

  • Equity One acquires N.Y. center for $104 million

    11/16/09 - Merger / Acquisition - View Story

  • Equity One Acquires Westbury Plaza for $103.7M from Kimco/DRA

    11/06/09 - Buildings Purchased - View Story

  • Equity One Reports Third Quarter 2009 Operating Results; Board Approves New Dividend Policy

    11/04/09 - Merger / Acquisition - View Story

  • Equity One reports Q3 earnings; revises dividend policy

    11/05/09 - Financial Announcement - View Story

  • Equity One Schedules Third Quarter 2009 Earnings Conference Call

    10/08/09 - Financial Announcement - View Story

  • Moody's affirms Equity One rating

    9/18/09 - Bond / Stock Rating - View Story

  • Equity One Declares $0.30 per Share Dividend for the Third Quarter of 2009

    8/04/09 - Stock Split / Dividend - View Story

  • Equity One Reports Second Quarter 2009 Operating Results

    7/29/09 - Financial Announcement - View Story

  • Equity One, Inc.s Second Quarter 2009 Earnings Conference Call to Be Held on Thursday, July...

    6/23/09 - Financial Announcement - View Story

News & Analysis

earnings and equity one inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Jeffrey S. Olson President, Chief Executive Officer and Director
Thomas Caputo President
Bob Mitzel Chief Operating Officer
Deborah Cheek Chief Accounting Officer & Vice President
Gregory R. Andrews CFO & Executive Vice President
Ilan Zachar CIO
Mark Langer Executive Vice President, Chief Financial Officer & Chief Administrative Officer
Tom McDonough Executive Vice President and Chief Investment Officer
Arthur L. Gallagher General Counsel & Executive Vice President
Barbara Miller Vice President, HR
Kevin Buth Vice President of Leasing
Laura Lynch Vice President of Leasing
Lauren Holden Vice President of Portfolio Management
Chaim Katzman Founder
Aileen Carret Regional Leasing Director
Amanda Steidtmann Regional Leasing Director
Angie Akins Regional Leasing Director
Bjorn Erickson Regional Leasing Director
Drew Margol Regional Leasing Director
Frank Durst Regional Leasing Director
Jane Herman Regional Leasing Director
Marsha Griffiths Regional Leasing Director
Meredith Housman Regional Leasing Director
Sammy Mawardi Regional Leasing Director
Shelli Lieberman Regional Leasing Director
Steve Jenkins Regional Leasing Director
Todd Wilson Regional Leasing Director
William Dye Regional Leasing Director
Laura Devlin Leasing Agent
Michele Villano

Board of Directors

Name (plus bio) Position
Neil W. Flanzraich Vice Chairman and President
Noam Ben-Ozer Chair
Cynthia R. Cohen Board of Directors
Dori J. Segal Board of Directors
James S. Cassel Board of Directors
Nathan Hetz Board of Directors
Peter Linneman Board of Directors

Jeffrey S. Olson serves as a Director and Chief Executive Officer of Equity One. Prior to joining the organization in 2006, Olson served as President of the Eastern and Western shopping center regions of Kimco Realty Corporation, one of the nation's largest shopping center development and management companies. As President, he served in a variety of capacities including directing the asset management, leasing, property management, construction, and redevelopment activities for Kimco's 500-property shopping center portfolio totaling 54 million square feet. While leading Kimco's West coast acquisitions program he expanded the region from $700 million in assets to $7 billion. Olson has over twenty years of real estate experience including serving as Senior Vice President, Co-Head of Real Estate Research for UBS, Vice President, and Head of Real Estate Research for CIBC World Markets and Vice President of Salomon Smith Barney. Olson received both his Masters of Science in Real Estate from The John's Hopkins University and his Bachelor of Science in Accounting from the University of Maryland.

Organization Position Status
Equity One, Inc. President, Chief Executive Officer and Director Current
Equity One, Inc. Board of Directors Current
National Association of Real Estate Investment Trusts, Inc. Board of Directors Current
Kimco Realty Corporation President Former
UBS Warburg Senior Vice President Former
Realestateresearch.Com Vice President Former
Canadian Imperial Bank of Commerce Former
Salomon Smith Barney Former
The Johns Hopkins University Masters of Science In Real Estate Former
University of Maryland Bachelor of Science In Accounting Former

Organization Position Status
IVAX Corporation President Current
Equity One, Inc. Vice Chairman and President Current
BELLUS Health Inc. Consultant Current
RAE Systems Inc. Member, Chair Current
Equity One, Inc. Board of Directors Current
Continucare Corporation Director Current
Chipotle Mexican Grill, Inc. Director Current
BELLUS Health Inc. Director Current
IVAX Corporation Vice Chairman Current
Harvard College A.B Former
Heller Ehrman LLP Life Sciences Legal Practice Group Team Former
Syntex Corporation Former
Israelamericafoundation.Com Chairman Former
RAE Systems Inc. Board of Directors Former
Harvard Law School J.D. Former
Harvard College A.B. Former

Thomas Caputo serves as President of Equity One. He is responsible for acquisitions and dispositions as well as our investment management program. He joined the Company in 2008. Prior to joining Equity One, Caputo was an Executive Vice President at Kimco Realty Corporation. In this capacity he headed Kimco’s portfolio management and acquisitions groups and was responsible for new investments in excess of $10 billion dollars, including three mergers with public companies (Mid-Atlantic Realty Trust, Price Legacy and Pan Pacific). In addition, he was responsible for Kimco’s portfolio management group which oversees Kimco’s numerous joint ventures with institutional partners (assets under management $14 billion). Previously, he was a principal with RREEF, a pension fund advisor, overseeing nationwide retail acquisitions and dispositions, and was a member of its investment committee. Caputo received a Bachelor of Arts from Randolph Macon College.

Organization Position Status
Equity One, Inc. President Current
Kimco Realty Corporation Executive Vice President Former
RREEF Management Principal Former
Randolph-Macon College Bachelor of Arts Former

Organization Position Status
Equity One, Inc. Chief Operating Officer Current
Equity One, Inc. Vice President of Leasing Current

Organization Position Status
Equity One, Inc. Chief Accounting Officer & Vice President Current
Kimco Realty Corporation Regional Finance Director Former
Loyola College in Maryland Masters of Business Administration Former
Towson University Bachelor of Science In Finance Former

Organization Position Status
Equity One, Inc. CFO & Executive Vice President Current
Green Street Advisors Inc. Principal Former
Reits Inc Senior Equity Analyst Former
The Wall Street Journal Former
Princeton University M.B.A. in Finance Former
UCLA Anderson School of Management MBA Former
Princeton University Bachelor of Arts Former

Organization Position Status
Equity One, Inc. CIO Current
Equity One, Inc. Vice President Former

Mark Langer serves as Executive Vice President, Chief Financial Officer and Chief Administrative Officer for Equity One, Inc. He is responsible for all accounting and finance functions and also oversees the Company’s human resources, information technology, marketing and organizational initiatives. Langer joined Equity One in January 2008 and was named CFO in March 2009. He had been with Johnson Capital Management since 2000 serving as the Chief Operating Officer overseeing the infrastructure and administrative functions and worked with third party broker dealers to assess investment opportunities. Previously Mark was an audit partner at KPMG LLP in Washington, DC where he was also responsible for recruiting, employee training and practice development programs. Langer graduated from James Madison University with a BBA degree, majoring in accounting.

Organization Position Status
Equity One, Inc. Executive Vice President, Chief Financial Officer & Chief Administrative Officer Current
Equity One, Inc. Senior Vice President and Chief Administrative Officer Current
James Madison University Bba Degree Former

Tom McDonough serves as the Chief Investment Officer of Equity One and is a member of its Investment Committee. He is responsible for acquisitions and dispositions of existing properties, as well as redevelopment of existing properties and new ground-up development. McDonough joined the Company in 2007 and established and runs the Company's West Coast office, in Irvine, CA. Prior to joining Equity One, he was in a private development partnership and served as the national director of acquisitions and dispositions for Regency Centers, a publicly traded real estate investment trust that owns approximately 400 shopping centers in major markets located throughout the United States. Previously, McDonough developed and acquired shopping centers for Regency Centers and its predecessor Pacific Retail Trust. McDonough received his Bachelor of Science from Stanford University and his Masters in Business Administration from Harvard Business School.

Organization Position Status
Equity One, Inc. Executive Vice President and Chief Investment Officer Current
Kahl & Goveia Partner Former
Stanford University B.S. Degree Former

Organization Position Status
Equity One, Inc. General Counsel & Executive Vice President Current
Equity One, Inc. Senior Vice President, General Counsel and Corporate Secretary Current
Equity One, Inc. Corporate Secretary Former
Simpson Thacher & Bartlett Llp Former
Duke Law School J.D. Former
University of North Carolina, Chapel Hill Bachelors of Arts In Economics Former

Organization Position Status
Equity One, Inc. Vice President, HR Current
Equity One, Inc. Director of Operations Former

Organization Position Status
Equity One, Inc. Vice President of Leasing Current

Organization Position Status
Equity One, Inc. Vice President of Leasing Current

Lauren Holden serves as Equity One's Vice President of Portfolio Management where she is responsible for joint ventures and for sourcing new acquisitions and joint venture partners regarding retail properties. Holden's responsibilities include all financing and disposition activity for retail properties and the leasing oversight of Equity One's Northeast portfolio. Prior to joining Equity One, Lauren Holden served as the Senior Portfolio Manager at Kimco Realty Corporation. In this capacity she lead a number of joint ventures with institutional partners including Prudential ($5 billion), The Kimco Income REIT ($1.7 billion), GE Capital ($1 billion) and SEB Immobilien ($280 million). Prior to joining Kimco, she was part of the investment banking group at Banc of America Investment Securities. Lauren attended Vanderbilt University and earned a Bachelor of Science in Human and Organizational Development and Business Administration.

Organization Position Status
Equity One, Inc. Vice President of Portfolio Management Current
Kimco Realty Corporation Senior Portfolio Manager Former
Vanderbilt University Former

Chaim Katzman founded Equity One in 1992 and serves as the Chairman of our Board of Directors. Mr. Katzman served as our Chief Executive Officer until 2006 and as our President until November 2000. He has been involved in the purchase, development and management of commercial and residential real estate in the United States since 1980. Mr. Katzman purchased the controlling interest of Gazit Inc., a publicly-traded company listed on the Tel-Aviv Stock Exchange, and one of our principal, indirect stockholders, in May 1991, has served as the Chairman of its Board and Chief Executive Officer since that time, and remains its largest stockholder. Shulamit Katzman, Mr. Katzman’s wife, is the Vice Chairman of the Board of Directors of Gazit, Inc. Mr. Katzman has served as a director of Gazit-Globe, Ltd., a publicly-traded real estate investment company listed on the Tel-Aviv Stock Exchange and one of our principal, direct and indirect stockholders, since 1994 and as its Chairman since 1998. Mr. Katzman also serves as non-executive Chairman of the Board of First Capital Realty Inc., an Ontario real estate company the common stock of which is listed on the Toronto Stock Exchange and which is one of our principal, indirect stockholders. Mr. Katzman received an LL.B. from Tel Aviv University Law School in 1973.

Organization Position Status
Equity One, Inc. Founder Current
Equity One, Inc. Chairman Current
Equity One, Inc. Board of Directors Current
Equity One, Inc. Manager Former

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Regional Leasing Director Current

Organization Position Status
Equity One, Inc. Leasing Agent Current

Organization Position Status
Equity One, Inc. Current

Noam Ben-Ozer was first elected as a director in 1996. Since 2002, Mr. Ben-Ozer has served as founder and principal of Focal Advisory, a consulting and M&A firm based in Boston, Massachusetts. Prior to that, Mr. Ben-Ozer served as co-founder of iPhrase Technologies, Inc., a privately-held software company, from 1999 to 2002. He is also a director of Delta Three Inc., a publicly-traded telecommunications company. Mr. Ben-Ozer is a certified public accountant in Israel and received an M.B.A. from the Harvard Business School.

Organization Position Status
Equity One, Inc. Chair Current
Equity One, Inc. Board of Directors Current
Focal Energy Founder Former

Organization Position Status
Starvest Partners Founder and President Current
Steiner Leisure Limited Retailer Current
Hot Topic, Inc. Retailer Current
University of Florida Current
Strategic Mindshare Foundation Chairman Current
Equity One, Inc. Board of Directors Current
Steiner Leisure Limited Director Current
Hot Topic, Inc. Board of Directors Current
Starvest Partners Board of Directors Current
The Limited Stores Director Current
Bebe Stores, Inc. Board of Directors Current
Deloitte & Touche LLP Partner Former
Deloitte Touche Tohmatsu Partner Former
Management Consulting Incorporated Partner Former
Boston University Former

Dori J. Segal was elected as a director in November 2000 and was appointed as as our Vice Chairman in May 2006 . Mr. Segal has served since October 1998 as President of Gazit-Globe Ltd., one of our principal, direct and indirect stockholders. Since August 2000, Mr. Segal has served as Chief Executive Officer, President and as Vice Chairman of the Board of First Capital Realty Inc., a principal and indirect stockholder of ours. Mr. Segal has served since 1997 as the President of Gazit Canada Inc., a principal, indirect stockholder of ours. Since 1995, Mr. Segal has also served as the President of Gazit Israel Ltd., a real estate investment holding company.

Organization Position Status
Equity One, Inc. Board of Directors Current

James S. Cassel was elected as a director in April 2005. In 1998, Mr. Cassel founded, and since that time has served as president of, Capitalink, L.C., a South Florida based investment banking company. From 1996 to 1998, he served as president of Catalyst Financial, an investment banking company. Mr. Cassel received a B.S. from American University and a Juris Doctorate from the University of Miami.

Organization Position Status
Capitalink, L.C President Current
Capitalink President Current
Capitalink Founder Former
Capitalink Head of Investment Banking Current
Equity One, Inc. Board of Directors Current
Capitalink Vice Chairman Current
University of Miami School of Law J.D. Degree Former
University of Miami J.D. degree Former
American University B.S. Former

Array

Organization Position Status
Fantine Group, Ltd. Current
James Batmasian Founder Current
Equity One, Inc. Board of Directors Current
First Capital Realty, Inc. Board of Directors Current
Tel Aviv University B.A. In Accounting Former

Organization Position Status
Nai Global, Inc. Chief Economist and Principal, Linneman Associates Current
JER Investors Trust Inc. Independent Director Current
University of Pennsylvania Faculty Current
Wharton Graduate School of the University of Pennsylvania Faculty Current
Linneman Associates Principal Current
Equity One, Inc. Board of Directors Current
JER Investors Trust Inc. Board of Directors Current
I.L. Hedge Investments LLC Board of Directors Current
Bedford Property Investors, Inc. Board of Directors Current
Crosland, Inc. Board of Directors Current
Equity Group Investments Senior Managing Director Former
University of Chicago Ph.D. In Economics Former
University of Chicago Master's Former
Ashland University B.A. In Economics Former

Executive News

  • First Capital Realty announces completion of dividend-in-kind of Gazit America Inc.

    Globe Investor - 8/14/09 - View Story

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     EQY $16.15 +0.48 (3.06% )
Average Volume 375,015
Shares Outstanding 86.49M
Market Cap 1.4B
Year High 19.95
Year Low 9.06
Earnings Per Share 0.93
P/E Ratio 17.37
Dividend 1.20
Yield 7.43
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