| Business Summary | | BRT
Realty
Trust
is
a
real
estate
investment
trust
whose
primary
business
activity
is
to
originate
and
hold
for
investment
for
its
own
account,
senior
real
estate
mortgage
loans
secured
by
income
producing
real
property
and,
to
a
lesser
extent,
junior
real
estate
mortgage
loans
secured
by
income
producing
real
property
and
senior
mortgage
loans
secured
by
undeveloped
real
property.
BRT
emphasizes
loans
with
terms
ranging
from
six
months
to
three
years
to
persons
requiring
short
term
funds,
among
other
reasons,
for
the
acquisition
of
a
property,
the
purchase
(normally
at
a
discount)
of
a
mortgage
applicable
to
a
property
owned
by
the
borrower,
rehabilitating
or
renovating
a
property
or
converting
a
commercial
property
to
residential
use. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BRT
is
a
real
estate
investment
trust
which
invests
in
senior
and
junior
real
estate
loans
secured
by
interests
in
income
producing
and
undeveloped
real
property.
For
the
nine
months
ended
6/01,
revenues
increased
41%
to
$11.3
million.
Net
income
before
extraordinary
item
increased
42%
to
$8.4
million.
Revenues
reflect
an
increase
in
the
average
balance
of
loans
outstanding.
Net
income
also
reflects
an
increased
gain
on
the
sale
of
real
estate
loans
and
properties. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Frederic Gould, 65 Chairman,
Trustee, CEO | -- | Jeffrey Gould, 35 Pres,
COO, Trustee | $286K | Patrick Callan, 64 Trustee | -- | David Herold, 59 Trustee | -- | Arthur Hurand, 84 Trustee | -- | Dollar
amounts are as of 30-Sep-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
|
|