First Capital Realty announced that Mia Stark has resigned from its Board of Directors, effective immediately, due to personal commitments. Ms. Stark had been a director of First Capital Realty since May 30, 2017. As a result, the company announced the appointment of Jeff Mooallem as a director of the Company, effective immediately. Mr. Mooallem is currently the President and Chief Executive Officer of Gazit Horizons Inc., a wholly-owned subsidiary of Gazit-Globe. Mr. Mooallem has over 20 years' of experience in the real estate industry and has held executive positions with several companies in the United States, including Federal Realty Investment Trust and Equity One Inc. Prior to working in the real estate industry, Mr. Mooallem practiced law as an attorney in New York and Florida.

The company will pay a third quarter dividend of $0.215 per common share on October 17, 2018 to shareholders of record on September 28, 2018.