| Business Summary | | Amli
Residential
Properties
Trust
is
a
self-administered
and
self-managed
real
estate
investment
trust
engaged
in
the
development,
acquisition
and
management
of
upscale,
institutional
quality
multifamily
apartment
communities
in
eight
major
metropolitan
markets
in
the
Southeast,
Southwest,
Midwest
and
Mountain
regions
of
the
United
States.
As
of
December
31,
2000,
Amli
owned
directly
or
had
interests
in
75
multifamily
apartment
communities
(the
Communities)
comprised
of
28,992
apartment
homes.
Sixty-seven
of
these
Communities,
totaling
26,147
apartment
homes,
were
stabilized
as
of
December
31,
2000.
An
additional
seven
Communities
and
one
additional
phase
to
an
existing
Community
were
under
development
or
in
lease-up
at
that
date.
When
completed,
these
development
communities
will
total
2,845
apartment
homes.
In
addition,
the
Company
owns
land
for
the
future
development
of
ten
additional
communities
and
four
additional
phases
to
existing
communities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Amli
Residential
Prop.
is
a
real
estate
investment
trust
engaged
in
the
development,
acquisition
and
management
of
upscale,
institutional
multifamily
apartment
communities.
For
the
six
months
ended
6/30/01,
total
revenues
decreased
2%
to
$63.8
million.
Net
income
applicable
to
Common
fell
55%
to
$17.4
million.
Revenues
reflect
a
decrease
in
share
income
from
Service
Companies.
Earnings
reflect
decreased
gains
on
the
sale
of
residential
properties. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Gregory Mutz, 54 Chairman,
Co-CEO | $170K | Allan Sweet, 52 Pres,
Co-CEO | 350K | John Allen, 63 Vice
Chairman | 114K | Robert Chapman, 52 Exec.
VP and CFO | 302K | Philip Tague, 51 Exec.
VP - Devel., Co-CEO | 342K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|