Urban Edge Properties (UE) risk factors, FY2025 10-K

Urban Edge Properties's FY2025 10-K, filed Feb 11, 2026, lists 42 risk factors in 10 groups. Against the prior year's 45: 1 new, 4 dropped, 15 substantially reworded.

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Risk factors listed
4210 groups
New this year
1vs 45 last year
Dropped
4since the prior 10-K
Substantially reworded
15of those kept
Section length
11k wordsItem 1A

What the changes say

  • Urban Edge Properties added key management departure risks while streamlining discussions around insurance terrorism exclusions and climate disclosures.

What changed since the prior 10-K

New

  • NewRISKS RELATED TO OUR BUSINESS AND OPERATIONS

    Departure or loss of key management could adversely affect our business and operations

    The company faces risks from the potential loss of executive management and key personnel and difficulties in finding qualified replacements.

Dropped

  • DroppedRISKS RELATED TO OUR BUSINESS AND OPERATIONS

    on our and our tenants’ businesses, financial condition, results of operations, liquidity, and ability to access capital markets and satisfy debt service obligations

  • DroppedRisks related to our outstanding debt

    mortgage loan encumbering one of our properties. We are actively exploring our options to refinance; however, there is no guarantee that we will be able to do so prior to maturity or at a rate that is favorable to us

  • DroppedRisks related to our properties in Puerto Rico

    A breach or significant and extended disruption in the functioning of our systems, including our primary website, may damage

    Pandemic-related tenant lease renewal and rent collection uncertainties.

  • DroppedRISKS RELATED TO ENVIRONMENTAL LIABILITY AND REGULATORY COMPLIANCE

    retention may be negatively impacted. Our failure, or perceived failure, to meet the standards included in any sustainability disclosure or the expectations of our various stakeholders, could negatively impact our reputation, tenant and employee retention, and access to capital

Reworded

  • 80% rewrittenRISKS RELATED TO BUSINESS CONTINUITY

    We face risks associated with security and cyber security breaches

    Capitalized IT terminology when discussing security and cybersecurity breach risks.

  • 72% rewrittenRisks related to our properties in Puerto Rico

    Some of our potential losses may not be covered by insurance

    Removed specific references to nuclear, biological, chemical, or radiological terrorism exclusions under the TRIPRA program.

  • 68% rewrittenRISKS RELATED TO OUR BUSINESS AND OPERATIONS

    We face significant competition for acquisitions of properties, which may reduce the number of acquisition opportunities available to us and increase the costs of these acquisitions

    Added specific language stating that acquisition competition may result in higher costs or lower rents.

  • 66% rewrittenRISKS RELATED TO ENVIRONMENTAL LIABILITY AND REGULATORY COMPLIANCE

    If not addressed, environmental conditions could impair our ability to sell or re-lease the affected properties in the future, or result in lower sales prices or rent payments, which could adversely impact our cash flow, financial condition and results of operations

    Swapped a heading title regarding environmental conditions with corporate responsibility and sustainability reporting scrutiny.

  • 63% rewrittenRISKS RELATED TO OUR BUSINESS AND OPERATIONS

    E-commerce may have an adverse impact on our tenants and our business

    Expanded on how e-commerce competition forces tenants to alter leasing strategies and reduce physical footprints.

  • 50% rewrittenRisks related to our properties in Puerto Rico

    Natural disasters and climate change could have a concentrated impact on us

    Added climate change and changing weather patterns as factors increasing severe weather predictability uncertainties, specifically in the New York metropolitan area.

    Was: Natural disasters could have a concentrated impact on us

  • 50% rewrittenRisks related to our outstanding debt

    We may not be able to obtain capital to make investments

    Detailed specific factors affecting capital access, including earnings, market perception of growth, and lender underwriting standards.

  • 48% rewrittenRISKS RELATED TO OUR BUSINESS AND OPERATIONS

    International trade disputes, including U.S. trade tariffs and retaliatory tariffs, or anticipation of the same, could adversely impact our business

    Minor phrasing updates regarding international trade disputes and tenant import costs without altering core meaning.

    Was: International trade disputes, including U.S. trade tariffs and retaliatory tariffs, could adversely impact our business

  • 47% rewrittenRISKS RELATED TO OUR BUSINESS AND OPERATIONS

    It may be difficult to dispose of real estate quickly, which may limit our flexibility

  • 47% rewrittenRISKS RELATED TO OUR BUSINESS AND OPERATIONS

    Retail real estate is a competitive business

  • 34% rewrittenRISKS RELATED TO OUR BUSINESS AND OPERATIONS

    Our assets may be subject to impairment charges

  • 33% rewrittenRisks related to our properties in Puerto Rico

    Certain insurance premiums are charged directly to each of the properties but not all of the cost of such premiums are recovered. We are responsible for deductibles, losses in excess of insurance coverage, and the portion of premiums not reimbursable by tenants at our properties, which could be material

  • 31% rewrittenRISKS RELATED TO OUR BUSINESS AND OPERATIONS

    A significant number of our properties are located in the New York metropolitan area and are affected by the economic cycles there

  • 30% rewrittenRISKS RELATED TO OUR BUSINESS AND OPERATIONS

    Bankruptcy or insolvency of tenants may decrease our revenues, net income and available cash

  • 29% rewrittenRISKS RELATED TO OUR BUSINESS AND OPERATIONS

    Inflation, cost of capital and related volatility in the economy could negatively impact our results of operations and our tenants

    Was: Inflation and related volatility in the economy could negatively impact our results of operations and our tenants

All 42 risk factors

Headings as the filing states them, in filing order.

RISKS RELATED TO OUR BUSINESS AND OPERATIONS

  1. 01Inflation, cost of capital and related volatility in the economy could negatively impact our results of operations and our tenants29% rewritten
  2. 02International trade disputes, including U.S. trade tariffs and retaliatory tariffs, or anticipation of the same, could adversely impact our business48% rewritten
  3. 03E-commerce may have an adverse impact on our tenants and our business63% rewritten
  4. 04Retail real estate is a competitive business47% rewritten
  5. 05We depend on leasing space to tenants on economically favorable terms and on collecting rent from tenants who ultimately may not be able to pay
  6. 06We may be unable to renew leases or relet space as leases expire on terms comparable to prior leases or at all
  7. 07Bankruptcy or insolvency of tenants may decrease our revenues, net income and available cash30% rewritten
  8. 08A significant number of our properties are located in the New York metropolitan area and are affected by the economic cycles there31% rewritten
  9. 09Some of our properties depend on anchor or major tenants and decisions made by these tenants, or adverse developments in the businesses of these tenants, could materially and adversely affect our business, results of operations and financial condition
  10. 10Development and redevelopment activities have inherent risks, which could adversely impact our cash flow, financial condition and results of operations
  11. 11We face significant competition for acquisitions of properties, which may reduce the number of acquisition opportunities available to us and increase the costs of these acquisitions68% rewritten
  12. 12Our operating results at acquired properties may not meet our financial expectations
  13. 13It may be difficult to dispose of real estate quickly, which may limit our flexibility47% rewritten
  14. 14Many real estate costs are fixed, even if income from our properties decreases
  15. 15A number of properties in our portfolio are subject to ground or building leases; if we are found to be in breach of a ground or building lease or are unable to renew a ground or building lease, we could be materially and adversely affected
  16. 16Our assets may be subject to impairment charges34% rewritten
  17. 17Departure or loss of key management could adversely affect our business and operationsNew

Risks related to our outstanding debt

  1. 18Covenants in our existing financing agreements may restrict our operating, financing, redevelopment, development, acquisition and other activities
  2. 19Defaults on secured indebtedness may result in foreclosure
  3. 20We may not be able to obtain capital to make investments50% rewritten

RISKS RELATED TO BUSINESS CONTINUITY

  1. 21We face risks associated with security and cyber security breaches80% rewritten
  2. 22Our business and operations would suffer in the event of system failures

Risks related to our properties in Puerto Rico

  1. 23Natural disasters and climate change could have a concentrated impact on us50% rewritten
  2. 24Some of our potential losses may not be covered by insurance72% rewritten
  3. 25Certain insurance premiums are charged directly to each of the properties but not all of the cost of such premiums are recovered. We are responsible for deductibles, losses in excess of insurance coverage, and the portion of premiums not reimbursable by tenants at our properties, which could be material33% rewritten
  4. 26Terrorist acts and shooting incidents could harm the demand for, and the value of, our properties

RISKS RELATED TO ENVIRONMENTAL LIABILITY AND REGULATORY COMPLIANCE

  1. 27We may be adversely affected by laws, regulations or other issues related to climate change
  2. 28We may incur significant costs to comply with environmental laws and environmental contamination may impair our ability to lease and/or sell real estate
  3. 29If not addressed, environmental conditions could impair our ability to sell or re-lease the affected properties in the future, or result in lower sales prices or rent payments, which could adversely impact our cash flow, financial condition and results of operations66% rewritten
  4. 30Compliance or failure to comply with the Americans with Disabilities Act, safety regulations or other requirements could result in substantial costs

RISKS RELATED TO OUR STATUS AS A REIT

  1. 31We may fail to qualify or remain qualified as a REIT and may be required to pay income taxes at corporate rates
  2. 32REIT distribution requirements could adversely affect our liquidity and our ability to execute our business plan

Risks related to Section 1031 Exchanges

  1. 33We face possible adverse changes in tax law

RISKS RELATED TO OUR ORGANIZATION AND STRUCTURE

  1. 34Our Declaration of Trust sets limits on the ownership of our shares
  2. 35Our Declaration of Trust limits the removal of members of the Board of Trustees
  3. 36Maryland law contains provisions that may reduce the likelihood of certain takeover transactions
  4. 37We may issue additional shares in a manner that could adversely affect the likelihood of certain takeover transactions

RISKS RELATED TO AN INVESTMENT IN OUR COMMON SHARES

  1. 38The market prices and trading volume of our equity securities may be volatile
  2. 39The market prices of our equity securities depend on various factors which may be unrelated to our operating performance or prospects. We cannot assure you that the market prices of our equity securities, including our common shares, will not fluctuate or decline significantly in the future
  3. 40We cannot guarantee the timing, amount, or payment of dividends on our common shares
  4. 41Your percentage of ownership in our Company may be diluted in the future
  5. 42Inflation and related volatility in the economy could negatively impact the value of our publicly-traded equity securities

Other Urban Edge Properties 10-Ks

  • FY2024 10-K risk factors
    45 risks

    Geographic concentration in the New York metropolitan area drives approximately 65% of annualized base rent. Active development includes 26 projects totaling $73.1 million invested and $89.5 million to complete. Debt includes $1.6 billion in secured debt encumbering 31 properties.

    Filed Feb 12, 2025

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.