| Business Summary | | Equity
Residential
Properties
Trust
(EQR)
is
a
self-administered
and
self-managed
equity
real
estate
investment
trust.
The
Company
is
headquartered
in
Chicago,
Illinois,
and
possesses
over
30
management
offices
throughout
the
United
States.
As
of
December
31,
2000,
EQR
owned
or
had
interests
in
a
portfolio
of
1,104
multifamily
properties,
lwhich
contained
227,704
apartment
units,
located
in
36
states. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Equity
Residential
Properties
is
a
self-administered
and
self-managed
REIT
which
acquires,
owns,
and
operates
multifamily
properties.
EQR
currently
owns
983
multifamily
residential
properties.
For
the
six
months
ended
6/30/01,
total
revenues
increased
12%
to
$1.08
billion.
Net
income
applicable
to
Common
before
extraordinary
item
and
accounting
change
fell
8%
to
$182
million.
Results
reflect
increased
core
rental
income,
offset
by
property
and
maintenance
and
furniture
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Samuel Zell, 59 Chairman | -- | -- | Douglas Crocker, II, 60 Pres,
CEO, Director | $3.9M | -- | David Neithercut, 45 CFO,
Exec. VP | 1.1M | $259K | Gerald Spector, 54 COO,
Exec. VP, Director | 2.0M | 1.0M | Michael McHugh, 45 Exec.
VP, CAO, Treasurer | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|