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Home > Company Index > Real Estate > REIT - Diversified & Misc. > AmeriVest Properties Inc.

AmeriVest Properties Inc.
AMEX: AMV
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 PROFILE
AmeriVest Properties keeps a roof over the heads of Texas government workers. AmeriVest Properties is a real estate investment trust (REIT) that owns some 30 office buildings. Most of the company's properties are in Texas; others are found in Colorado and Indiana. The REIT's Texas properties include fourteen office buildings leased to the state government and four bank offices leased by Bank of America. Sheridan Realty Advisors, with which the company merged in 1999, handles the operations of the REIT and manages all of its properties. AmeriVest Properties plans to focus on acquiring multi-tenant office buildings in its target markets, which include Phoenix, San Francisco, Denver, and Houston.

 COMPETITION
Crescent Real Estate Equities Company (CEI)
Koger Equity, Inc. (KE)
Prentiss Properties Trust (PP)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 9.80
1-Yr. Sales Growth: 46.3%
Employees: 28
Revenue per employee: $350,000.00

 KEY PEOPLE
• William T. Atkins
    CEO
• D. Scott Ikenberry
    CFO

 CONTACT INFO
1780 S. Bellaire St. Ste. 515
Denver, CO 80222
US
Phone: 303-297-1800
Fax: 303-296-7353

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