| Business Summary | | Colonial
Properties
Trust
is
an
owner,
developer
and
operator
of
multifamily,
office
and
retail
properties
in
the
Sunbelt
region
of
the
United
States.
It
is
a
fully
integrated
real
estate
company
whose
activities
include
ownership
of
a
diversified
portfolio
of
115
properties,
as
of
December
31,
2000,
located
in
Alabama,
Florida,
Georgia,
Mississippi,
North
Carolina,
South
Carolina,
Tennessee,
Texas
and
Virginia.
The
Company's
activities
also
include
the
development
of
new
properties,
acquisition
of
existing
properties,
build-to-suit
development
and
the
provision
of
management,
leasing
and
brokerage
services
for
commercial
real
estate. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CLP
is
a
REIT
which
owns,
develops,
and
operates
multifamily,
retail
and
office
properties
in
the
Sunbelt
region
of
the
U.S.
For
the
six
months
ended
6/30/01,
revenues
increased
7%
to
$153
million.
Net
income
applicable
to
Common
before
extraordinary
item
decreased
22%
to
$12.8
million.
Results
reflect
increased
revenues
from
the
multifamily
and
office
divisions,
offset
by
increased
operating
expenses
associated
with
properties
that
were
developed
or
acquired. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Lowder, 51 Chairman
of Trustees, Pres, CEO | $439K | Howard Nelson, Jr., 53 CFO | 257K | C. Reynolds Thompson, III, 38 COO | 293K | Carl Bailey, 70 Trustee | -- | M. Miller Gorrie, 65 Trustee | -- | 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
|
|