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Home > Company Index > Real Estate > Property Investment & Management > Tarragon Realty Investors, Inc.

Tarragon Realty Investors, Inc.
Nasdaq (SC): TARR
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 PROFILE
Tarragon Realty Investors is spicing up its investments by taking a more hands-on approach to operating them. The company gave up its status as a real estate investment trust (REIT) to focus on operating its 100-plus real estate holdings and avoid rules restricting concentrated ownership of REIT stock. Most of Tarragon Realty's properties are apartment communities and retail and office buildings located primarily in the southeastern and southwestern US; over 35% of residential and nearly 30% of commercial properties are in Florida. Other holdings include condominiums and undeveloped land. Chairman, president, and CEO William Friedman and his family own about 44% of Tarragon Realty.

 COMPETITION
Berkshire Realty Holdings, L.P. (dossier)
Camden Property Trust (CPT)
Walden Residential Properties, Inc. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 119.50
1-Yr. Sales Growth: 39.3%
Employees: 380
Revenue per employee: $314,473.68

 KEY PEOPLE
• William S. Friedman
    CEO
• Erin D. Davis
    CFO

 CONTACT INFO
1775 Broadway, 23rd Fl.
New York, NY 10019
US
Phone: 212-949-5000
Fax: 212-949-8001

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