Richard Frary - LXP Industrial Lead Independent Trustee

LXP Stock  USD 9.28  0.08  0.87%   

Executive

Mr. Richard S. Frary is Lead Independent Trustee of the Company. Mr. Frary has served as a trustee since December 2006. Mr. Frary was the founding partner and majority shareholder of Tallwood Associates, Inc., a private real estate investment firm, since 1990 and a partner of Brookwood Financial Partners, L.P., a private equity firm that acquires real estate and invests in private companies, since 1993. Mr. Frary also coowns a portfolio of office, multifamily, retail and community development assets. He serves as a director of Nexus BSP, Inc., a private oil and gas exploration company. Mr. Frary was chair of the Advisory Board to the Sheridan Libraries at The Johns Hopkins University since 2000. He previously served as a director of Newkirk Realty Trust, Inc. and a trustee of The Johns Hopkins University since 2017.
Age 72
Tenure 7 years
Professional MarksCPA
Address One Penn Plaza, New York, NY, United States, 10119-4015
Phone212 692 7200
Webhttps://www.lxp.com
Frary is a CPA and provides our Board of Trustees with extensive real estate investment and corporate finance experience.

LXP Industrial Management Efficiency

As of 11/25/2024, Return On Tangible Assets is likely to drop to 0.01. In addition to that, Return On Capital Employed is likely to drop to 0.0007. As of 11/25/2024, Non Current Liabilities Other is likely to grow to about 32.3 M, while Liabilities And Stockholders Equity is likely to drop slightly above 2.8 B. LXP Industrial's management efficiency ratios could be used to measure how well LXP Industrial manages its routine affairs as well as how well it operates its assets and liabilities.
LXP Industrial Trust has 1.66 B in debt with debt to equity (D/E) ratio of 0.73, which is OK given its current industry classification. LXP Industrial Trust has a current ratio of 2.01, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for LXP to invest in growth at high rates of return.

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Lexington Realty Trust is a publicly traded real estate investment trust that owns a portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased industrial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions. Lxp Industrial operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 62 people. LXP Industrial Trust (LXP) is traded on New York Stock Exchange in USA. It is located in One Penn Plaza, New York, NY, United States, 10119-4015 and employs 64 people. LXP Industrial is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

LXP Industrial Trust Leadership Team

Elected by the shareholders, the LXP Industrial's board of directors comprises two types of representatives: LXP Industrial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LXP. The board's role is to monitor LXP Industrial's management team and ensure that shareholders' interests are well served. LXP Industrial'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, LXP Industrial's outside directors are responsible for providing unbiased perspectives on the board's policies.
T Eglin, Chairman of the Board of Trustees, President, Chief Executive Officer
Joseph JD, Executive COO
Nick Pyle, Executive Construction
Mark Cherone, Chief Accounting Officer
Sara Klein, Director Resources
Natasha Roberts, Executive Management
Lawrence Gray, Independent Trustee
Arun Gupta, Independent Trustee
Wilson Eglin, CEO and President Trustee and Member of Executive Committee
Nabil Andrawis, Executive Taxation
Brendan Mullinix, Executive Vice President, Chief Investment Officer
Howard Roth, Independent Trustee
Max Stern, Senior Acquisitions
Jamie Handwerker, Independent Trustee
Beth Boulerice, Chief Financial Officer, Executive Vice President, Treasurer
Nancy Noe, Independent Trustee
Beth CPA, CFO VP
James Dudley, Executive Vice President and Director of Asset Management
Heather Gentry, Senior Relations
Joseph Bonventre, Chief Operating Officer, Executive Vice President, General Counsel, Secretary
Richard Frary, Lead Independent Trustee
Lara Johnson, Executive Vice President
Claire Koeneman, Independent Trustee
Patrick Carroll, Executive Vice President, Chief Risk Officer

LXP 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 LXP Industrial 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.

Pair Trading with LXP Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LXP Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LXP Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving against LXP Stock

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The ability to find closely correlated positions to LXP Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LXP Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LXP Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LXP Industrial Trust to buy it.
The correlation of LXP Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LXP Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LXP Industrial Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LXP Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for LXP Stock Analysis

When running LXP Industrial's price analysis, check to measure LXP Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LXP Industrial is operating at the current time. Most of LXP Industrial's value examination focuses on studying past and present price action to predict the probability of LXP Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LXP Industrial's price. Additionally, you may evaluate how the addition of LXP Industrial to your portfolios can decrease your overall portfolio volatility.