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Home > Company Index > Real Estate > Property Investment & Management > Boardwalk Equities Inc.

Boardwalk Equities Inc.
NYSE: BEI
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 PROFILE
Although its name may conjure up images of hot dog stands at the Jersey shore, Boardwalk Equities focuses on operating multifamily apartments in Alberta and Saskatchewan. The company owns more than 20,000 units, encompassing more than 20 million sq. ft. of space. Its properties include garden and high-rise apartments, condos, and townhouses. Boardwalk also subsidizes some affordable housing. The firm buys and restores apartment buildings, focusing on such high-tech amenities as fiber-optic cable and e-shopping kiosks. Some properties are sold, either in their entirety to other companies, or to residents as individual condos. Brothers Sam and Van Kolias (President/CEO and VP, respectively) control the company.

 COMPETITION
Acktion Corporation (ACK)
Brookfield Properties Corporation (BPO)
Revenue Properties Company Limited (RPC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: May
2000 Sales (mil.): 145.60
1-Yr. Sales Growth: 15.4%
Employees: 900
Revenue per employee: $161,777.78

 KEY PEOPLE
• Sam Kolias
    CEO
• Roberto A. Geremia
    CFO

 CONTACT INFO
1501 1st St. SW, Ste. 200
Calgary Alberta T2P 0W1, Canada
Phone: 1-403-531-9255
Fax: 1-403-531-9565
Online: Web Site

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