| Business Summary | | NZ
Corporation
provides
time-sensitive,
short-term
and
participating
commercial
real
estate
loans
to
qualified
borrowers
throughout
California
and
the
southwestern
United
States.
The
Company's
wholly
owned
subsidiary,
Bridge
Financial
Corporation
conducts
its
lending
business.
Both
directly
and
through
its
other
subsidiaries,
the
Company
develops,
manages
and
sells
real
estate
and
holds
various
mineral
rights
in
the
Southwest. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NZ
Corp.
operates
in
short-term
commercial
real
estate
lending,
and
the
development
of
management
and
sale
of
real
estate.
Revenues
for
the
six
months
ended
6/30/01
rose
70%
to
$20.4
million.
Net
income
fell
18%
to
$2.1
million.
Revenues
benefitted
from
increased
properties
sales
from
the
Seven
Canyons
Project
and
revenue
recognition
from
the
repayment
of
a
joint
venture
loan.
Earnings
were
offset
by
a
less
favorable
mix
of
real
estate
sold. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| R. Randy Stolworthy, 43 Pres,
CEO | $153K | Paul Sargent, 45 Exec.
VP | 176K | J. Sphar, 59 VP,
Minerals | -- | Jerome Joseph, 42 Controller,
Treasurer, Sec. | -- | Dollar amounts are as of 31-Dec-1999 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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