Moshe Wertheim, David Wertheim, Aviram Wertheim, Nathan Hetz and Klara Hetz disclosed that each individually controls 2.98 million shares in the North Miami Beach-based real estate investment trust, according to a stock ownership statement the five filed jointly with the Securities and Exchange Commission.
Only Nathan Hetz is identified as a majority stockholder in a proxy statement the REIT filed in July with SEC. The proxy also attributed a 19.9% ownership stake to Alony-Hetz Properties & Investments Ltd., an Israel-based company controlled by Nathan Hetz. In the recent SEC statement, Klara Hetz is identified as the wife of Nathan Hetz.
Each of the Wertheims is related as well. Moshe Wertheim is the father of David Wertheim. Aviram Wertheim is a cousin to David Wertheim.
The elder Wertheim is described in corporate literature as head of Israel-based Wertheim Group, a company deeply involved in the Israeli economy.
Of its equity and management interests, Wertheim Group is involved in the United Mizrahi Bank, Israel's fourth-ranked bank; Central Bottling Company Ltd., Israel's authorized Coca Cola bottler; Israel Breweries Ltd., bottler of Tuborg- and Carlsberg-brand beverages; and Keshet Broadcasting Ltd., a commercial television channel.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
