| Business Summary | | PMC
Commercial
Trust
is
a
real
estate
investment
trust
that
originates
loans
to
small
business
enterprises
and
owns
limited
service
hospitality
properties.
As
a
commercial
lender,
the
Company
originates
loans
to
small
business
enterprises,
primarily
collateralized
by
first
liens
on
real
estate
of
the
related
business.
The
Company's
loans
are
primarily
to
borrowers
in
the
lodging
industry,
but
the
Company
also
originates
loans
for
commercial
real
estate
and
the
service,
retail
and
manufacturing
industries.
In
addition,
the
Company's
investments
include
the
ownership
of
commercial
properties
in
the
lodging
industry.
At
December
31,
2000,
the
Company
owned
29
properties
with
a
net
book
value
of
$65.7
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PMC
Commercial
Trust,
structured
as
a
REIT,
operates
as
a
commercial
lender
originating
loans
to
small
business
enterprises,
and
also
owns
service
hospitality
properties.
For
the
six
months
ended
6/30/01,
total
revenues
decreased
12%
to
$8.8
million.
Net
income
increased
67%
to
$6.7
million.
Revenues
reflect
lower
interest
income
on
the
Company's
outstanding
loan
portfolio.
Earnings
benefited
from
a
gain
on
the
sale
of
three
of
the
Company's
Hotel
Properties. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Andrew Rosemore, 53 | Chairman,
Exec. VP, COO, Treasurer | Lance Rosemore, 52 | Pres,
CEO, Sec. | Barry Berlin, 40 | CFO | Jan Salit, 50 | CIO,
Exec. VP and Assistant Sec. | Mary Brownmiller, 46 | Sr.
VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|