Paul McDermott - Washington Real Chairman

Chairman

Mr. Paul T. McDermott was appointed Independent Chairman of the Board of Trustees of Washington Real Estate Investment Trust effective May 31, 2018. He Paul T. McDermott was elected to the Board of Trustees and named President and Chief Executive Officer of Washington REIT in October 2013. Following the 2018 Annual Meeting, Mr. McDermott became the Chairman of the Board of Trustees of Washington REIT. Prior to joining Washington REIT, he was Senior Vice President and Managing Director for Rockefeller Group Investment Management Corporationration, a wholly owned subsidiary of Mitsubishi Estate Co., Ltd. from June 2010 to September 2013. Prior to joining The Rockefeller Group, he served from 2006 to 2010 as Principal and Chief Transaction Officer at PNC Realty Investors. Between 2002 and 2006, Mr. McDermott held two primary officer roles at Freddie Mac Chief Credit Officer of the Multifamily Division and Head of Multifamily Structured Finance and Affordable Housing. From 1997 to 2002, he served as Head of the Washington, D.C. Region for Lend Lease Real Estate Investments. Mr. McDermott brings the following experience, qualifications, attributes and skills to the Board General business management and strategic planning experience from his service as chief executive of Washington REIT and his previous service as Senior Vice President of Rockefeller Group Office, retail and residential real estate industry operating and investment experience from his experience as Senior Vice President of Rockefeller Group, Principal and Chief Transaction Officer at PNC Realty Investors and Chief Credit Officer of the Multifamily Division of Freddie Mac Office and residential development experience from his experience as Head of Washington, D.C. Region for Lend Lease Real Estate Investments and Extensive familiarity with D.C. area real estate by virtue of living and working in the Washington, D.C. region for more than 55 years. since 2018.
Age 60
Tenure 7 years
Phone202-774-3200
Webhttps://www.elmecommunities.com
McDermott holds a BS in Business Administration from Shepherd University and an MBA in Finance from The American University.

Paul McDermott Latest Insider Activity

Tracking and analyzing the buying and selling activities of Paul McDermott against Washington Real stock is an integral part of due diligence when investing in Washington Real. Paul McDermott insider activity provides valuable insight into whether Washington Real is net buyers or sellers over its current business cycle. Note, Washington Real insiders must abide by specific rules, including filing SEC forms every time they buy or sell Washington Real'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

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.
Washington Real Estate 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. Note however, debt could still be an excellent tool for Washington to invest in growth at high rates of return.

Similar Executives

Found 5 records

CHAIRMAN Age

Roland KohlHighway Holdings Limited
76
Michael CooperDream Office Real
62
Fred LampropoulosMerit Medical Systems
75
Michael DoarHurco Companies
70
Victor ColemanHudson Pacific Properties
63
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.
Wade Hammond, Chief VP
Amy Hopkins, VP Relations
Anthony Chang, VP Management
William Byrnes, Independent Trustee
Benjamin Butcher, Independent Trustee
Edward Civera, Lead Director, Independent Trustee
Ellen Goitia, Independent Trustee
Taryn Fielder, Senior Vice President, 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
Andrew Leahy, VP Investments
Susan Gerock, VP Officer
Ian Kessler, VP HR
Thomas Nolan, Independent Trustee
Anthony Winns, Independent Trustee
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.

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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Commodity Directory
Find actively traded commodities issued by global exchanges
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios