Mitchell Goldhar - Smart REIT Trustee

CWYUF Stock  USD 17.63  0.28  1.61%   

Executive

Mr. Mitchell Goldhar serves as a Chairman of the Board of Trustees of Smart Real Estate Investment Trust. Mr. Mitchell Goldhar was in the real estate development business for over 30 years. Since opening his first retail development in 1994, the first new Walmart store in Canada in Barrie, Ontario, Mr. Goldhar has developed over 265 shopping centres across Canada . Mr. Goldhar has a number of real estate sites across Canada in various stages of development including an interest in 100 acres in the Vaughan Metropolitan Centre through his private company, the Penguin group of companies. Mr. Goldhar has also developed an emerging network of Penguin PickUp locations, some cobranded with Walmart, offering free, convenient pickup locations for online purchases and Penguin Fresh, an online food marketplace. Mr. Goldhar holds a B.A. degree in Political Science from York University and was an adjunct professor with the Joseph L. Rotman School of Management, University of Toronto since 2004. Mr. Goldhar is on the Board of Onex Corporation and Indigo Books and Music Inc., is Director Emeritus of the SickKids Foundation and is on the Advisory Board for the Canadian Sports Concussion Project since 2015.
Age 61
Tenure 10 years
Phone905-326-6400
Webhttps://www.smartcentres.com
Goldhar is owner of the historic Maccabi Tel Aviv Football Club in Tel Aviv, Israel. Trustee of SmartCentres since July 8, 2005, Chairman of the Board since May 28, 2015 and Executive Chairman since February 14, 2018

Smart REIT Management Efficiency

The company has return on total asset (ROA) of 0.0273 % which means that it generated a profit of $0.0273 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.106 %, meaning that it generated $0.106 on every $100 dollars invested by stockholders. Smart REIT's management efficiency ratios could be used to measure how well Smart REIT manages its routine affairs as well as how well it operates its assets and liabilities.
Smart REIT has accumulated 4.52 B in total debt with debt to equity ratio (D/E) of 0.83, which is about average as compared to similar companies. Smart REIT has a current ratio of 0.25, 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 Smart REIT until it has trouble settling it off, either with new capital or with free cash flow. So, Smart REIT'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 Smart REIT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Smart to invest in growth at high rates of return. When we think about Smart REIT's use of debt, we should always consider it together with cash and equity.

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SmartCentres Real Estate Investment Trust is one of Canadas largest fully integrated REITs, with a best-in-class portfolio featuring 166 strategically located properties in communities across the country. The fourth and fifth sold-out phases representing 1,026 units are currently under construction and are expected to close in 2023. Calloway Real operates under REITRetail classification in the United States and is traded on OTC Exchange. Smart REIT [CWYUF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Smart REIT Leadership Team

Elected by the shareholders, the Smart REIT's board of directors comprises two types of representatives: Smart REIT inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Smart. The board's role is to monitor Smart REIT's management team and ensure that shareholders' interests are well served. Smart REIT'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, Smart REIT's outside directors are responsible for providing unbiased perspectives on the board's policies.
Allan Scully, Ex Devel
Julia Mok, Director Accounting
Erin Shirley, Director Management
Mitchell Goldhar, Trustee
Mauro Pambianchi, Chief Devel. Officer
Rudy Gobin, Executive VP of Portfolio Management and Investments and Member of Real Estate Committee
Peter CA, Chief Officer
Paula Bustard, Ex Devel
Fernando Vescio, Sr Services
Shea Calnan, Legal Counsel

Smart 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 Smart REIT 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Smart Pink Sheet

Smart REIT financial ratios help investors to determine whether Smart Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Smart with respect to the benefits of owning Smart REIT security.