Every 8-K that FIRST REAL EST INV TR NJ (FREVS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow FREVS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FREVS filings page.
First Real Estate Investment Trust of New Jersey, Inc. stockholders approved the Plan of Voluntary Liquidation at a special meeting on September 29, 2026, and the board declared an initial liquidating distribution of $3.20 per share on September 30, payable October 29, 2026 to holders of record October 14, 2026. The plan provides for winding up and complete liquidation, including selling assets or transferring assets to a liquidating trust and dissolving the company. There were 5,085,293 votes for the plan, 6,503 against and 22,260 abstentions; approximately 68.0% of outstanding shares voted in favor, exceeding the required approval threshold.
The company intends to sell remaining assets, satisfy or reserve for liabilities, and distribute net proceeds. It expects the initial distribution to be funded from asset-sale proceeds and available cash resources. Its current estimate of aggregate liquidating distributions is $24.44 to $30.03 per share, including the initial distribution. That estimate is subject to assumptions and uncertainties involving asset-sale timing and value, operating performance, market conditions, expenses and liabilities; the company states there is no assurance as to the amount or timing of future distributions.
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. (FREVS) reported strong GAAP results for the fiscal quarter ended July 31, 2026, driven by a major asset sale and a planned liquidation. Total real estate revenue for the quarter rose 4.0% to approximately $7.5 million, while net income attributable to common equity jumped to about $20.2 million, or $2.69 per share, from $0.9 million, or $0.12 per share, largely due to a roughly $19.8 million gain on the sale of the Franklin Crossing shopping center for $27.0 million.
For the nine months ended July 31, 2026, total real estate revenue increased 4.2% to about $22.7 million and net income attributable to common equity rose to approximately $21.7 million, or $2.90 per share, from $2.4 million, or $0.32 per share. However, cash-flow-based metrics softened, with FFO per share declining to $0.16 from $0.25 for the quarter and AFFO per share to $0.14 from $0.23. The board unanimously approved a Plan of Voluntary Liquidation, estimating net distributions to stockholders in a range of $24.44 to $30.03 per share, compared with a closing share price of $15.25 on May 13, 2026, and declared a $0.10 third-quarter dividend.
First Real Estate Investment Trust of New Jersey, Inc. held its annual meeting of stockholders on August 6, 2026. Stockholders elected Robert S. Hekemian, Jr. with 4,685,462 votes for and 47,802 withheld, and David F. McBride with 4,533,303 votes for and 199,961 withheld, plus 1,894,924 broker non-votes for each.
Stockholders approved, on an advisory basis, the compensation of the Trust’s executive officers, with 4,390,728 votes for, 250,750 against and 91,786 abstentions, alongside 1,894,924 broker non-votes. They also ratified the appointment of EisnerAmper LLP as independent registered public accountants for the fiscal year ending October 31, 2026, by a vote of 6,507,037 for, 118,284 against and 2,867 abstentions.
First Real Estate Investment Trust of New Jersey, Inc. declared a third quarter fiscal 2026 cash dividend of $0.10 per share on its common stock. The dividend is payable on September 14, 2026 to shareholders of record at the close of business on August 31, 2026.
The board states it will evaluate dividends on a quarterly basis and makes no assurance that any future dividends will be declared or that future amounts will match this level. Management also includes forward-looking statements language noting that actual performance may differ due to real estate market conditions, tenant performance, economic factors and other risks described in its SEC reports.
First Real Estate Investment Trust of New Jersey, Inc. completed the sale of its Franklin Crossing shopping center in Franklin Lakes, New Jersey. The property was sold for a purchase price of $27,000,000, generating net proceeds of approximately $25,400,000 at closing and a net gain of about $19,500,000.
The company presents this deal as part of its strategy to maximize asset value and create value for stockholders. Management also reminds investors that future results can be affected by market conditions, leasing timelines, and tenants’ ability to pay rent, as described in its recent 10-K and 10-Q filings.
First Real Estate Investment Trust of New Jersey, Inc. reported modest growth in real estate revenue while advancing a full liquidation strategy. For the quarter ended April 30, 2026, total real estate revenue rose 5.2% to about $7.6 million, but GAAP earnings per share declined to $0.08 from $0.12 as operating and other expenses increased.
For the six months, revenue grew 4.2% to about $15.1 million and net income attributable to common equity was approximately $1.6 million, or $0.21 per share, up from $0.20. FFO and AFFO per share fell to $0.19 and $0.16 from $0.24 and $0.23. The Board unanimously approved a Plan of Voluntary Liquidation, with expected stockholder approval sought in Fall 2026 and estimated net distributions of $24.44–$30.03 per share versus a $15.25 closing price on May 13, 2026. FREIT agreed to sell Franklin Crossing for $27.0 million (expected to close in Q3 2026) and Westwood Plaza for $28.8 million (expected to close in early 2027), declared a $0.10 quarterly dividend, extended key property loans to August 1, 2026, and replaced a $13 million facility with an undrawn $20 million line of credit maturing October 31, 2029.
First Real Estate Investment Trust of New Jersey, Inc. entered into a Purchase and Sale Agreement to sell its Westwood Plaza shopping center in Westwood, New Jersey to an affiliate of Regency Centers Corporation for $28,800,000, subject to customary conditions.
The purchaser has deposited $1,200,000 into escrow, refundable during a 120-day due diligence period ending on September 23, 2026. If the purchaser proceeds, it must add a further $1,000,000 non-refundable deposit and may extend diligence for up to nine additional months by paying $50,000 per month, which is not credited to the purchase price.
The Agreement includes standard representations, warranties, indemnities and termination rights, including a right for either party to terminate if closing has not occurred by August 15, 2027, and it has no financing contingency. The Trust’s Board of Directors unanimously approved the transaction.
First Real Estate Investment Trust of New Jersey has approved a Plan of Voluntary Liquidation that, if stockholders consent, will wind down the Trust through the sale of all assets and eventual dissolution. The Trust currently estimates total liquidating distributions of $24.44 to $30.03 per share, compared with a closing stock price of $15.25 on May 13, 2026.
The Board expects to seek stockholder approval at a special meeting in Fall 2026 and aims to complete asset sales within 24 months of approval. An amended management agreement provides Hekemian & Co. a termination fee equal to the Trust’s ownership percentage times 2.5 times one year’s Base Management Fee per property, plus a 1.65% sales fee on the Trust’s ownership share of each property’s sale price. CEO Robert S. Hekemian, Jr. may receive a $1,000,000 cash bonus if all properties are sold or under contract within 18 months after stockholder approval and aggregate gross proceeds exceed $319.9 million, with all sales closing.
First Real Estate Investment Trust of New Jersey, Inc. entered into a material definitive agreement to amend its existing Stockholder Rights Agreement. On May 12, 2026, the Trust and Computershare Trust Company, N.A., as Rights Agent, signed a First Amendment to this agreement.
The amendment extends the term and the Final Expiration Date of the Stockholder Rights Agreement from July 31, 2026 to July 31, 2029, lengthening the period during which the Trust’s stockholder rights plan remains in effect.
First Real Estate Investment Trust of New Jersey, Inc. declared a second quarter dividend of $0.10 per share on its common stock. The dividend will be paid on June 12, 2026 to shareholders of record at the close of business on May 29, 2026.
The Board stated it will continue evaluating the dividend on a quarterly basis and emphasized there is no assurance that dividends will be declared for any future period or that future dividend amounts will match this level. The filing also includes customary forward-looking statement cautions and references to risks affecting the Trust and its tenants.
First Real Estate Investment Trust of New Jersey, Inc. agreed to sell its Franklin Crossing shopping center in Franklin Lakes, New Jersey to an affiliate of Regency Centers Corporation for $27,000,000, under a Purchase and Sale Agreement signed on April 8, 2026.
The buyer placed a $1,000,000 initial deposit into escrow, refundable only during a 30‑day due diligence period ending May 8, 2026. If the buyer proceeds, it must add another $1,000,000 non‑refundable deposit, subject to limited termination rights. The transaction has no financing contingency and must close by August 15, 2026, subject to customary conditions. The Board unanimously approved the deal, which is expected to close in the third fiscal quarter of 2026.
First Real Estate Investment Trust of New Jersey reported stronger results for the fiscal quarter ended January 31, 2026. Total real estate revenue rose to about $7.5M from $7.3M, driven mainly by higher residential base rents despite a dip in average residential occupancy to 95.5% from 96.8%.
Net income attributable to common equity increased to roughly $943,000, or $0.13 per share, up from $0.08. FFO per share grew to $0.21 and AFFO per share to $0.20. The quarterly dividend was raised to $0.10 per share. The company is working with its lender on further extending or refinancing a $25M mortgage on the Preakness shopping center, currently extended through May 1, 2026.
First Real Estate Investment Trust of New Jersey, Inc. filed a current report to note it has released operating results for the fiscal quarter ended October 31, 2025.
The results are provided in a press release attached as Exhibit 99.1. The company also includes standard cautionary language that any statements about future earnings or performance are forward-looking and subject to market conditions, leasing timelines, and tenants’ ability to pay rent, as further discussed in its latest Form 10-K and Form 10-Q filings.
First Real Estate Investment Trust of New Jersey, Inc. (FREIT) reported that its Board of Directors declared a first quarter cash dividend of $0.10 per share on its common stock. The dividend will be paid on March 13, 2026 to shareholders who are on record as of the close of business on February 27, 2026.
The Board stated it will continue to evaluate the dividend each quarter and emphasized that there is no assurance any future dividends will be declared or that future dividend amounts will match this level. The company also included standard forward‑looking statement cautions, noting that various business, economic, real estate market and regulatory risks could cause future results or actions, including dividends, to differ from current expectations.
First Real Estate Investment Trust of New Jersey, Inc. declared a fourth quarter dividend of $0.10 per share on its common stock. The dividend will be paid on December 15, 2025 to shareholders of record at the close of business on December 1, 2025.
The Board of Directors stated it will continue to evaluate the dividend on a quarterly basis and emphasized there is no assurance that dividends will be declared in future periods. The Trust also noted that the amount declared on October 8, 2025 is not necessarily indicative of future dividend levels and included standard forward-looking statement cautions regarding business, market, and REIT-related risks.
First Real Estate Investment Trust of New Jersey, Inc. filed a current report to note it has released operating results for the fiscal quarter ended July 31, 2025. Those results are provided in a press release attached as Exhibit 99.1, dated September 12, 2025.
The company includes the usual forward-looking statement caution, highlighting that actual performance can be affected by market and economic conditions, longer-than-expected lease-up periods, and tenants’ ability to pay rent, and refers readers to its most recent Form 10-K and Form 10-Q for additional risk details.