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Home > Company Index > Real Estate > Property Investment & Management > The Rose Corporation

The Rose Corporation
 NEWS FROM THE STANDARD
QXL Ricardo Narrows Losses
May 25 2001 05:47 AM PDT

 PROFILE
The Rose Corporation has bloomed as a real estate investment company. Rose provides short-term mezzanine lending to developers -- mostly for loft condominiums, residential subdivisions, and retail centers in Toronto -- and invests in such properties as senior living centers, self-storage facilities, resorts, and historic, mixed-use properties. It also owns the Toronto Film Studio, Canada's largest. CEO Sam Reisman split from a family of homebuilders to found Rose (named for his wife) in 1982, and the firm became known for innovative urban planning and historic preservation. It later became a subsidiary of manufacturing conglomerate Enscor, which Reisman took over, gradually sold off in pieces, and then took private.

 COMPETITION
Brookfield Properties Corporation (BPO)
Cadillac Fairview Corporation (dossier)
Revenue Properties Company Limited (RPC)

 FINANCIAL OVERVIEW
Fiscal Year-End: July
2000 Sales (mil.): 10.00
1-Yr. Sales Growth: (9.4)%
Employees: 140
Revenue per employee: $71,428.57

 KEY PEOPLE
• Sam Reisman
    CEO
• Lana Sherman
    CFO

 CONTACT INFO
156 Duncan Mill Rd., Ste. 12
Don Mills Ontario M3B 3N2, Canada
Phone: 1-416-449-3535
Fax: 1-416-449-9887
Online: Web Site

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