| Business Summary | | BNP
Residential
Properties,
Inc.
is
a
self-administered
and
self-managed
real
estate
investment
trust
that
owns
and
operates
apartment
communities
in
North
Carolina
and
Virginia.
The
Company
currently
owns
and
operates
15
apartment
communities
containing
3,680
units,
and
has
the
right
to
acquire
one
additional
apartment
community
containing
108
units.
The
Company
also
owns
43
restaurant
properties.
The
Company
manages
four
other
apartment
communities
through
BNP
Management,
Inc.,
an
unconsolidated
subsidiary. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BNP
Residential
Properties,
Inc.
is
a
self-advised
and
self-managed
equity
real
estate
investment
trust.
For
the
six
months
ended
6/30/01,
revenues
increased
7%
to
$18.2
million.
Net
income
decreased
11%
to
$952
thousand.
Revenues
reflect
a
rise
in
apartment
rental
income
due
to
the
acquisition
of
the
Oak
Hollow
Apartments
Phase
2.
Lower
income
reflects
increased
costs
for
on-site
compensation
and
higher
depreciation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| B. Mayo Boddie, 71 Chairman | -- | D. Scott Wilkerson, 43 Pres,
CEO | $176K | Philip Payne, 49 Exec.
VP, Treasurer, CFO | 176K | Pamela Bruno, 47 VP,
Controller and CAO | 114K | Douglas Anderson, 53 VP
and Sec. | -- | 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
|
|