| Business Summary | | HomeFed
Corporation
is
engaged,
directly
and
through
subsidiaries,
in
the
investment
development
of
residential
real
estate
projects
in
California.
The
Company's
development
projects
consist
of
two
master
planned
communities
located
in
San
Diego
County,
California:
San
Elijo
Hills
and
a
portion
of
the
larger
Otay
Ranch
planning
area.
As
development
manager
for
these
projects,
the
Company
is
responsible
for
design
engineering,
grading
raw
land,
constructing
public
infrastructure
and
finishing
individual
lots
for
home
sites
or
other
facilities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HFDC
is
engaged,
directly
and
through
subsidiaries,
in
the
investment
in
and
development
of
residential
real
estate
projects
in
San
Diego
County,
CA.
The
Company's
development
projects
consist
of
two
master
planned
communities.
For
the
six
months
ended
6/30/01,
revenues
fell
35%
to
$1.8
million.
Net
loss
decreased
28%
to
$1.7
million.
Results
reflect
the
absence
of
proceeds
from
residential
property
sales,
offset
by
improved
operating
margins. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Joseph Steinberg, 57 Chairman | -- | Paul Borden, 52 Pres,
Director | $389K | Erin Ruhe, 35 VP,
Controller | 146K | R. Randy Goodson, 35 VP | 148K | Simon Malk, 31 VP | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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