The estimated Net Worth of Thomas H Jr Nolan is at least $2.4 million dollars as of 25 March 2024. Mr. Nolan owns over 120 units of Elme Communities stock worth over $354,281 and over the last 11 years he sold WRE stock worth over $1,885,900. In addition, he makes $161,722 as Independent Trustee at Elme Communities.
Thomas has made over 38 trades of the Elme Communities stock since 2015, according to the Form 4 filled with the SEC. Most recently he bought 120 units of WRE stock worth $1,914 on 25 March 2024.
The largest trade he's ever made was selling 15,000 units of Elme Communities stock on 1 March 2017 worth over $162,750. On average, Thomas trades about 1,997 units every 39 days since 2013. As of 25 March 2024 he still owns at least 20,164 units of Elme Communities stock.
You can see the complete history of Mr. Nolan stock trades at the bottom of the page.
Thomas H. Nolan Jr. serves as Independent Trustee of the Company. He previously served as Chairman of the Board of Directors and Chief Executive Officer of Spirit Realty Capital, Inc. (NYSE: SRC) from September 2011 until May 2017. Mr. Nolan previously worked for General Growth Properties, Inc. (“GGP”), serving as Chief Operating Officer from March 2009 to December 2010 and as President from October 2008 to December 2010. He also served as a member of the board of directors of GGP from 2005 to 2010. GGP filed for protection under Chapter 11 of the U.S. Bankruptcy Code in April 2009 and emerged from bankruptcy in November 2010._Mr. Nolan was a member of the senior management team that led GGP’s reorganization and emergence from bankruptcy, which included the restructuring of $15.0 billion in project-level debt, payment in full of all of GGP’s pre-petition creditors and the securing of $6.8 billion in equity commitments. From July 2004 to February 2008, Mr. Nolan served as a Principal and Chief Financial Officer of Loreto Bay Company, the developer of the Loreto Bay master planned community in Baja, California. From October 1984 to July 2004, Mr. Nolan held various financial positions with AEW Capital Management, L.P., a national real estate investment advisor, and from 1998 to 2004, he served as Head of Equity Investing and as President and Senior Portfolio Manager of The AEW Partners Funds. Mr. Nolan currently serves on the Board of Directors of RW Holdings NNN REIT. Mr. Nolan 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 Spirit Realty Capital, Inc. and his previous service with GGP; • REIT industry experience from his service as chief executive of Spirit Realty Capital, Inc. and his previous service with GGP.
As the Independent Trustee of Elme Communities, the total compensation of Thomas Nolan at Elme Communities is $161,722. There are 7 executives at Elme Communities getting paid more, with Paul McDermott having the highest compensation of $3,875,260.
Thomas Nolan is 62, he's been the Independent Trustee of Elme Communities since 2015. There are 5 older and 7 younger executives at Elme Communities. The oldest executive at Elme Communities is William Byrnes, 69, who is the Independent Trustee.
Thomas's mailing address filed with the SEC is 200 S. VIRGINIA STREET, SUITE 800, RENO, NV, 89501.
Over the last 22 years, insiders at Elme Communities have traded over $17,378,767 worth of Elme Communities stock and bought 59,267 units worth $1,443,995 . The most active insiders traders include Benjamin S Butcher, Edmund B Jr Cronin et George F Mckenzie. On average, Elme Communities executives and independent directors trade stock every 26 days with the average trade being worth of $151,541. The most recent stock trade was executed by Benjamin S Butcher on 30 December 2016, trading 267 units of WRE stock currently worth $4,691.
WashREIT owns and operates uniquely positioned real estate assets in the D.C. Metro region. Its portfolio of 43 properties includes approximately 3.4 million square feet of commercial space and 6,863 multifamily apartment units across the region.
The company currently has an enterprise value of approximately $3.0 billion. With a track record of driving returns and delivering satisfaction, WashREIT is a trusted authority in one of the nation’s most competitive real estate markets.
Elme Communities executives and other stock owners filed with the SEC include: