George Grossman - Cohen Steers Independent Director

RQI Fund  USD 13.93  0.26  1.90%   
George Grossman is Fund Manager at Cohen Steers Qualityome
Mr. George Grossman is an Independent Director of Cohen Steers Quality Income Realty Fund Inc. He is an AttorneyatLaw. In addition to his tenure as a Director of various Cohen Steers funds, Mr. Grossman has practiced commercial and residential real estate law, real estate development, zoning and complex financing for over 30 years, managing his own law firm. Mr. Grossman also serves as the Chairman of the Boards Contracts Review Committee, coordinating the information presented to the Boards in connection with the renewal of each Funds management contracts as well as interacting with the independent third party service provider.
Age 67
Tenure 31 years
Phone212 832 3232
Webhttps://www.cohenandsteers.com/funds/details/quality-income-realty-fund

Cohen Steers Management Performance (%)

The company has Return on Asset of 0.88 % which means that on every $100 spent on assets, it made $0.88 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (5.31) %, meaning that it generated no profit with money invested by stockholders. Cohen Steers' management efficiency ratios could be used to measure how well Cohen Steers manages its routine affairs as well as how well it operates its assets and liabilities.
Cohen Steers Qualityome has 710 M in debt with debt to equity (D/E) ratio of 0.37, which is OK given its current industry classification. Cohen Steers Qualityome has a current ratio of 1.99, which is typical for the industry and considered as normal. Debt can assist Cohen Steers until it has trouble settling it off, either with new capital or with free cash flow. So, Cohen Steers' 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 Cohen Steers Qualityome sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cohen to invest in growth at high rates of return. When we think about Cohen Steers' use of debt, we should always consider it together with cash and equity.

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Cohen Steers Quality Income Realty Fund, Inc. is a closed-ended equity mutual fund launched by Cohen Steers, Inc. Cohen Steers Quality Income Realty Fund, Inc. was formed on February 28, 2002 and is domiciled in the United States. Cohen Steers operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not categorized under any group at the present time.

Management Performance

Cohen Steers Qualityome Leadership Team

Elected by the shareholders, the Cohen Steers' board of directors comprises two types of representatives: Cohen Steers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cohen. The board's role is to monitor Cohen Steers' management team and ensure that shareholders' interests are well served. Cohen Steers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cohen Steers' outside directors are responsible for providing unbiased perspectives on the board's policies.
Adam Derechin, President, Chief Executive Officer
Robert Steers, Co-Chairman of the Board
William Scapell, Vice President
Albert Laskaj, Treasurer
Stephen Murphy, Chief Compliance Officer, Vice President
Thomas Bohjalian, Vice President
Michael Clark, Lead Independent Director
Dana DeVivo, Secretary, Chief Legal Officer
James Giallanza, Chief Financial Officer
Lisa Phelan, Chief Compliance Officer
Gerald Maginnis, Independent Director
Yigal Jhirad, Vice President
Jason Yablon, Vice President
Daphne Richards, Independent Director
Dean Junkans, Independent Director
Ramona Rogerswindsor, Director
George Grossman, Independent Director
C Ward, Independent Director
Joseph Harvey, Vice President, Director
Jane Magpiong, Independent Director

Cohen Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Cohen Steers 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 Information on Investing in Cohen Fund

Cohen Steers financial ratios help investors to determine whether Cohen Fund 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 Cohen with respect to the benefits of owning Cohen Steers security.
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