Federal Realty appoints Joseph Fisher to board of trustees

Federal Realty Investment Trust (NYSE: FRT) announced the appointment of Joseph D. Fisher to its board of trustees, effective January 1, 2026. Fisher will serve on the board's audit and compensation and human capital management committees.

Fisher, 46, brings over 20 years of experience in real estate investment, development and capital markets. He spent nearly a decade in senior leadership at UDR, Inc. (NYSE: UDR), where he held multiple executive roles including president, chief investment officer, and chief financial officer. At UDR, he oversaw investment, development, and capital allocation strategy for a $20 billion enterprise and helped expand the portfolio to more than 60,000 apartment homes across major U.S. markets.

"Joe's track record as both an operator and a strategic leader in the REIT industry gives him a rare perspective on how to create lasting value," said Donald C. Wood, chief executive officer of Federal Realty. "He brings deep experience in real estate operations, capital allocation, and enterprise leadership, and his perspective will be invaluable as we continue to execute on our long-term growth strategy."

Prior to UDR, Fisher held senior investment roles at Deutsche Asset Management and Principal Real Estate Investors. He holds a B.B.A. from the University of Iowa, an MBA from Northwestern University's Kellogg School of Management, and is a CFA charterholder.

The appointment brings Federal Realty's board to eight trustees. The company operates 103 properties with approximately 3,600 tenants in 27.9 million commercial square feet and approximately 3,000 residential units. Federal Realty has increased its quarterly dividends for 58 consecutive years and is a member of the S&P 500 index.

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