William Byrnes - Washington Real Independent Trustee

WREDelisted Stock  USD 17.74  0.04  0.22%   

Executive

Mr. William G. Byrnes is an Independent Trustee of Washington Real Estate Investment Trust. He was on the Board of Directors of CapitalSource Inc., a commercial lender operating principally through its subsidiary CapitalSource Bank from 2003 until its sale in April 2014, serving in various capacities including Presiding Independent Director, Chairman of the Audit Committee and, most recently, Chairman of the Board. He founded, and was Managing Member of, Wolverine Partners, LLC, that operated MUTUALdecision, a mutual fund research business, from September 2006 to October 2012. Mr. Byrnes was cofounder of Pulpfree BuzzMetrics, a consumergenerated media research and marketing firm, and served as its Chairman from June 1999 until its sale in September 2005. He was on the Board of Directors and chairman of the Audit Committee of LoopNet, Inc., an information services provider to the commercial real estate industry, from September 2006 until its sale in April 2012. Mr. Byrnes spent 17 years with Alex Brown Sons, most recently as a Managing Director and head of the investment banking financial institutions group. He was a fulltime and adjunct professor and member of the Board of Regents at Georgetown University and currently sits on its Entrepreneurship Advisory Group since 2010.
Age 69
Tenure 14 years
Phone202-774-3200
Webhttps://www.elmecommunities.com
Byrnes brings the following experience, qualifications, attributes and skills to the Board: Real estate investment banking and capital markets experience from his 17 years as an investment banker with Alex Brown & Sons; REIT industry experience from his involvement over the last 15+ years as an independent director of three publiclytraded REITs and an institutional fund focused on investing in REITs; Retail and residential real estate industry experience from his involvement as an independent director of Sizeler Property Investors from 2002 to 2006; Financial and accounting acumen from his 17 years in investment banking and his service as a public company director.

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.

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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.

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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.
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