David B. Hekemian
Director, FREIT
Details:
- Location: Hackensack, New Jersey, USA
- Position: Director, FREIT & President, Hekemian & Co.
- Experience: 30+ Years in Commercial Real Estate & Investment Management
About Info:
David B. Hekemian has served as a director since April 2018. His current term as a member of the Board is scheduled to expire at the 2024 annual meeting of FREIT’s stockholders.
Mr. Hekemian has served as a commercial real estate executive at Hekemian & Co. for over 30 years, holding positions of increasing responsibility focused on strategic business and investment planning, retail development and leasing, asset profitability management, and lender negotiations. He has served as President of Hekemian & Co. since 2021.
Professional Experience
From 1996 to 2020, Mr. Hekemian served as Principal/Broker-Salesperson, Director of Commercial Brokerage, and as a member of Hekemian & Co.’s Executive Committee. From 1988 to 1992, he served as Property Manager, and from 1992 to 1996 as Vice President-Salesperson. His leadership experience includes extensive involvement in asset management, property development, and financial strategy.
Mr. Hekemian is a member of the Armenian Missionary Association of America, where he served as Assistant Treasurer and a member of the Budget and Finance Committee from 1998 to 2007 and as Co-Chairman of the Investment Committee from 1996 to 2009, overseeing a $100 million equity and fixed income portfolio. He is also a member of the Council for the Borough of Saddle River, NJ.
Education
Mr. Hekemian earned a Bachelor of Science in Finance from Boston College.