Curbline Properties (CURB) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
2 Dec, 2025Executive summary
The 2025 Annual Meeting will be held virtually on May 7, 2025, with stockholders of record as of March 17, 2025, eligible to vote.
The company completed a spin-off from SITE Centers in October 2024, acquiring 79 properties and later 20 more shopping centers for $206.1 million.
As of December 31, 2024, the portfolio comprised 3.1 million sq. ft., 95.5% leased, with annualized base rent per occupied sq. ft. of $35.62.
A $500 million credit facility was secured, including a $400 million revolver and $100 million term loan, with interest rate hedged at 5.078%.
Voting matters and shareholder proposals
Stockholders will vote on electing two Class I Directors and ratifying PricewaterhouseCoopers LLP as the independent auditor for 2025.
Board recommends voting for both director nominees and for auditor ratification.
Proxy access allows groups holding at least 3% of shares for 3 years to nominate directors.
Shareholder proposals for the 2026 meeting must be received by November 26, 2025.
Board of directors and corporate governance
Board consists of seven directors, six of whom are independent; two are women and one is African American.
Board is classified into three classes, with full declassification planned for 2027.
Independent Chairman and CEO roles are separated; regular executive sessions and annual self-assessments are conducted.
Committees include Audit, Compensation, and Nominating & Sustainability, all with independent members.
Directors are subject to stock ownership guidelines and anti-hedging/pledging policies.
Latest events from Curbline Properties
- Director elections, executive pay, and auditor ratification up for vote at the May 2026 meeting.CURB
Proxy filing24 Mar 2026 - Annual meeting covers director elections, executive pay, auditor ratification, and ESG progress.CURB
Proxy filing24 Mar 2026 - NOI, FFO, and net income surged in 2025, with 2026 guidance targeting 12% FFO growth.CURB
Q4 20259 Feb 2026 - Q1 net income and FFO up on acquisitions and leasing; 2025 guidance raised.CURB
Q1 202524 Dec 2025 - NOI up 30% year-over-year, 5.8% same-property growth, and strong liquidity support 2025 outlook.CURB
Q4 202418 Dec 2025 - Virtual annual meeting to elect directors and ratify auditor set for May 7, 2025.CURB
Proxy Filing2 Dec 2025 - Net income and FFO surged on acquisitions, leasing, and strong liquidity.CURB
Q2 202516 Nov 2025 - Q3 2025 saw 41.9% NOI growth, 96.7% occupancy, and $644M in acquisitions.CURB
Q3 202529 Oct 2025 - Launched debt-free with $800M cash, $249.7M in acquisitions, and strong leasing metrics.CURB
Q3 202413 Jun 2025