Thomas Bakke - Washington Real COO and Executive VP

WREDelisted Stock  USD 17.74  0.04  0.22%   

COO

Mr. Thomas Q. Bakke is no longer Chief Operating Officer, Executive Vice President of the company effect on March 8, 2019. Prior to joining Washington REIT, he was Senior Managing Director at Cushman Wakefield where he was the Market Leader for Northern Virginia since April 2013. From January 2012 to April 2013, Mr. Bakke was a consultant and operated a nonprofit organization. From February 2007 to January 2012, Mr. Bakke held the position of Market Managing Director for Boston at Equity Office Properties, a national commercial real estate owner and a subsidiary of The Blackstone Group. Over his 20 plus years at Equity Office Properties in 1991, Mr. Bakke held positions with The Staubach Company and Coldwell Banker Commercial Real Estate Services since 2014.
Age 62
Tenure 10 years
Phone202-774-3200
Webhttps://www.elmecommunities.com
Bakke served in the U.S. Naval Reserve for 14 years and was a former F14 aviator, attaining more than 1000 flight hours with direct involvement in such world crisis situations as the Iranian hostage rescue effort and the IranIraq war.

Washington Real Management Efficiency

Washington Real's management efficiency ratios could be used to measure how well Washington Real manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 496.95 M in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. Washington Real Estate has a current ratio of 1.72, which is typical for the industry and considered as normal. Debt can assist Washington Real until it has trouble settling it off, either with new capital or with free cash flow. So, Washington Real'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 Washington Real Estate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Washington to invest in growth at high rates of return. When we think about Washington Real's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 2 records

COO Age

Matthew WallKinetik Holdings
41
Steven BoydSuburban Propane Partners
60
Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nations most competitive real estate markets. Washington Real operates under REITOffice classification in the United States and is traded on NYQ Exchange. It employs 53 people. Washington Real Estate (WRE) is traded on New York Stock Exchange in USA and employs 53 people.

Management Performance

Washington Real Estate Leadership Team

Elected by the shareholders, the Washington Real's board of directors comprises two types of representatives: Washington Real inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Washington. The board's role is to monitor Washington Real's management team and ensure that shareholders' interests are well served. Washington Real'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, Washington Real's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward Murn, Managing Director - Residential Division
Wade Hammond, Chief VP
Amy Hopkins, VP Relations
William Byrnes, Independent Trustee
Tejal Engman, Director of Investor
John McDaniel, Trustee
Edward Civera, Lead Director, Independent Trustee
Taryn Fielder, Senior Vice President, General Counsel and Corporate Secretary
Thomas Morey, Sr. VP, General Counsel and Corporate Secretary
Edward IV, Managing Division
Paul McDermott, Chairman of the Board of Trustee, President, Chief Executive Officer
Deanna Schmidt, VP Communications
Susan Gerock, VP Officer
Thomas Nolan, Independent Trustee
Anthony Winns, Independent Trustee
Thomas Bakke, COO and Executive VP
Anthony Chang, VP Management
Wendelin White, Independent Trustee
Benjamin Butcher, Independent Trustee
Charles Nason, Independent Chairman of the Board of Trustees
Ellen Goitia, Independent Trustee
Paul Weinschenk, Managing Director and Vice President - Retail Division
Andrew Leahy, VP Investments
Ian Kessler, VP HR
Drew Hammond, Chief Accounting Officer, Vice President Controller
Stephen Riffee, Executive Vice President and Chief Financial Officer

Washington Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Washington Real 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Washington Real in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Washington Real's short interest history, or implied volatility extrapolated from Washington Real options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Other Consideration for investing in Washington Stock

If you are still planning to invest in Washington Real Estate check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Washington Real's history and understand the potential risks before investing.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas