Joanne Ferstman - Dream Office Independent Trustee

DRETF Stock  USD 13.18  1.41  9.66%   

Executive

Ms. Joanne S. Ferstman serves as Independent Trustee of Dream Office Real Estate Investment Trust. Ms. Joanne Ferstman currently serves as a corporate director, sitting on public company boards. Over the past 18 years and until her retirement in June 2012, Ms. Ferstman held a variety of executive positions with the Dundee Group of Companies. Most recently, Ms. Ferstman was the President and Chief Executive Officer of Dundee Capital Markets Inc., a full service investment dealer with principal businesses including investment banking, institutional sales and trading and private client financial advisory. Prior to January 31, 2011, Ms. Ferstman was ViceChair and Head of Capital Markets of DundeeWealth Inc., a diversified wealth management company. Prior to 2009, Ms. Ferstman was Executive Vice President and Chief Financial Officer of Dundee Wealth Inc. and Executive Vice President, Chief Financial Officer and Corporationrationrate Secretary of Dundee Corporationrationration. In these senior financial roles, Ms. Ferstman was actively involved in all corporate strategy, including acquisitions and financings, and was responsible for all public financial reporting. In addition, Ms. Ferstman regularly represented Dundee Corporation on investee company boards and audit committees across various sectors. Prior to joining the Dundee Group of Companies, Ms. Ferstman spent four years as Chief Financial Officer for a national securities firm and five years at a major international accounting firm since 2007.
Age 49
Tenure 17 years
Phone416-365-3535
Webhttps://www.dream.ca/office
Ferstman earned a Bachelor of Commerce and a Graduate degree in Public Accountancy from McGill University and is a Chartered Professional Accountant.

Dream Office Management Efficiency

The company has return on total asset (ROA) of 0.0375 % which means that it generated a profit of $0.0375 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1085 %, meaning that it generated $0.1085 on every $100 dollars invested by stockholders. Dream Office's management efficiency ratios could be used to measure how well Dream Office manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.21 B in total debt with debt to equity ratio (D/E) of 0.83, which is about average as compared to similar companies. Dream Office Real has a current ratio of 0.14, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Dream Office until it has trouble settling it off, either with new capital or with free cash flow. So, Dream Office's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dream Office Real sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dream to invest in growth at high rates of return. When we think about Dream Office's use of debt, we should always consider it together with cash and equity.

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Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality office properties, primarily in downtown Toronto. Dundee Real operates under REITOffice classification in the United States and is traded on OTC Exchange. Dream Office Real [DRETF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Dream Office Real Leadership Team

Elected by the shareholders, the Dream Office's board of directors comprises two types of representatives: Dream Office inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dream. The board's role is to monitor Dream Office's management team and ensure that shareholders' interests are well served. Dream Office's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Dream Office's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sharon Mitchell, President of Dream Office Realty Management Corp
Kevin Hardy, Sr. VP of Portfolio Management
Kellie Leitch, Independent Trustee
Joanne Ferstman, Independent Trustee
Duncan Jackman, Independent Trustee
Jane Gavan, CEO
Robert Goodall, Independent Trustee
Ayesha Shafiq, VP Investments
Ana Radic, COO
Jay CA, Chief Officer
Karine MacIndoe, Independent Trustee
Samantha Farrell, Vice President - Leasing
Jay Jiang, CFO
Gordon Wadley, Chief Officer
Donald Charter, Independent Trustee
Andrew Reial, Sr. VP of Portfolio Management
Rajeev Viswanathan, CFO
Michael Cooper, Vice Chairman of the Board of Trustees
Detlef Bierbaum, Independent Trustee
Paul Skeans, Sr. VP of Portfolio Management

Dream Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Dream Office a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Dream Office

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dream Office position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dream Office will appreciate offsetting losses from the drop in the long position's value.

Moving against Dream Pink Sheet

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The ability to find closely correlated positions to Dream Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dream Office when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dream Office - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dream Office Real to buy it.
The correlation of Dream Office is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dream Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dream Office Real moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dream Office can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dream Office Real. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Dream Office's price analysis, check to measure Dream Office's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dream Office is operating at the current time. Most of Dream Office's value examination focuses on studying past and present price action to predict the probability of Dream Office's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dream Office's price. Additionally, you may evaluate how the addition of Dream Office to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Dream Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dream Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dream Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.