| Business Summary | | Siena
Holdings,
Inc.,
formerly
Lomas
Financial
Corporation,
is
primarily
engaged
in
two
businesses
through
its
wholly-owned
subsidiaries:
assisted
care
facility
management
through
Siena
Housing
Management
Corp.
(SHM)
and
real
estate
development
through
LLG
Lands,
Inc.
The
Company's
previously
wholly-owned,
principal
subsidiary,
Lomas
Mortgage
USA,
Inc.,
is
now
known
as
Nomas
Corp.
SHM
manages
and
maintains
an
assisted
care
facility
in
Houston,
Texas
under
a
management
agreement
into
which
it
entered
in
June
1977
with
Treemont,
Inc.
The
Company's
investment
in
real
estate
consists
of
185.1
acres
(approximately
160.9
acres
net
of
flood
plain)
of
unimproved
land
in
Allen,
Texas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Siena
Holdings,
Inc.
is
engaged
in
assisted
care
facility
management
through
Siena
Housing
Management
Corp.
in
the
Houston,
Texas
area.
The
Company
is
also
involved
in
real
estate
development
through
LLG
Lands,
Inc.
in
Allen,
Texas.
For
the
nine
months
ended
3/31/01,
revenues
totaled
$2.5
million,
up
from
$641
thousand.
Net
income
totaled
$997
thousand,
up
from
$36
thousand.
Results
reflect
$1.8
million
in
gains
of
the
sale
of
real
estate
and
increased
trust
expense
reimbursements. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| John Kneafsey, 53 Chairman
and CEO | $128K | W. Joseph Dryer, 45 Pres
and CAO | 144K | Dollar amounts are as of 30-June-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
|
|