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Home > Company Index > Real Estate > REIT - Diversified & Misc. > Cedar Income Fund, Ltd.

Cedar Income Fund, Ltd.
Nasdaq (SC): CEDR
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 PROFILE
Cedar trees may be evergreen, but Cedar Income Fund has turned over a new leaf. Cedar Income Fund is an umbrella partnership real estate investment trust (UPREIT) that, through its operating partnership, owns an office building in Florida and a shopping center in Pennsylvania. The company has sold off most of its small, far-flung collection of office buildings with the intention of focusing on retail properties. Brentway Management, a company affiliated with Cedar Income Fund president and CEO Leo Ullman, manages the UPREIT's properties. Cedar Bay Company (also associated with Ullman) owns almost 80% of the firm.

 COMPETITION
Banyan Strategic Realty Trust (BSRTS)
Equity Office Properties Trust (EOP)
Pennsylvania Real Estate Investment Trust (PEI)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2.90
1-Yr. Sales Growth: 16.0%
Employees: 2
Revenue per employee: $1,450,000.00

 KEY PEOPLE
• Leo S. Ullman
    CEO
• Brenda J. Walker
    CFO

 CONTACT INFO
44 S. Bayles Ave., Ste. 304
Port Washington, NY 11050
US
Phone: 516-767-6492
Fax: 516-767-6497
Online: Web Site

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