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Home > Company Index > Real Estate > REIT - Residential > BNP Residential Properties, Inc.

BNP Residential Properties, Inc.
AMEX: BNP
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 PROFILE
BNP Residential (formerly Boddie-Noell) Properties specializes in the essentials: room (the company owns and operates 15 apartment complexes with more than 3,600 apartments) and board (it owns 43 restaurant properties). The firm is a self-administered and self-managed real estate investment trust operating as an umbrella partnership (UPREIT). Subsidiary BNP Management manages four additional apartment communities. All of BNP's properties are located in North Carolina and Virginia. The family of BNP chairman B. Mayo Boddie owns affiliate Boddie-Noell Enterprises, which leases the company's restaurant properties and operates them as Hardee's franchises.

 COMPETITION
Camden Property Trust (CPT)
Cornerstone Realty Income Trust, Inc. (TCR)
Franchise Finance Corporation of America (FFA)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 33.90
1-Yr. Sales Growth: 1.5%
Employees: 135
Revenue per employee: $251,111.11

 KEY PEOPLE
• D. Scott Wilkerson
    CEO
• Philip S. Payne
    CFO

 CONTACT INFO
3850 One First Union Center
Charlotte, NC 28202
US
Phone: 704-944-0100
Fax: 704-944-2039
Online: Web Site

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