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Profile - Clarion Commercial Hldgs. (NYSE:CLR)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Financials
Location
335 Madison Avenue
New York, NY 10017
Phone: (212) 883-2500
Fax: (212) 883-2700
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Services
 ·Industry: Real Estate Operations
Related Links
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Ownership
·Insider and 5%+ Owners: 63%
·Institutional: 15% (41% of float)
(13 institutions)
·Net Inst. Buying: 45.0K shares (+6.81%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Clarion Commercial Holdings Inc. (Clarion) is a real estate investment trust. The Company's objective is to build a diverse portfolio of commercial real estate investments. Clarion invests principally in the following types of assets: CMBS, commercial mortgage loans and mezzanine investments. CMBS are generally multiclass debt or pass-through securities backed by a commercial mortgage loan or a pool of commercial mortgage loans. During 1999, the Company disposed of its investment in a commercial mortgage loan. As of December 31, 2000, the Company did not own any commercial mortgage loan investments. Clarion may make mezzanine investments, primarily in the form of preferred equity. A preferred equity investment is an ownership interest in real property that is generally entitled to receive preferential treatment with respect to distributions of income generated by that property.
More from Market Guide: Expanded Business Description

Financial Summary
Clarion Commercial Holdings, Inc. is a specialty finance company taxed as a real estate investment trust (REIT) that focuses on investments in commercial real estate assets. For the six months ended 6/30/01, total income fell 41% to $3.2 million. Net loss totalled $638 thousand vs. an income of $1.9 million. Total income reflects lower interest income from trading securities. Net income also suffered from $1.1 million in accrued costs during the Company's liquidation period.
More from Market Guide: Significant Developments

Officers

Position
Frank Sullivan, Jr., 55Chairman, Exec. VP
Daniel Heflin, 37Pres, CEO
Frederick Arenstein, 47VP, Treasurer
Joanne Vitale, 43VP and Sec.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:CLRAs of 31-Aug-2001
Price and Volume
52-Week Low
on 10-Oct-2000
$5.125
Recent Price$7.96 
52-Week High
on 12-July-2001
$8.25 
Beta-0.01 
Daily Volume (3-month avg)1,864 
Daily Volume (10-day avg)2,000 
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y]
52-Week Change+35.5%
52-Week Change
relative to S&P500
+81.8%
Share-Related Items
Market Capitalization$32.5M
Shares Outstanding4.08M
Float1.50M
Dividends & Splits
Annual Dividend (indicated)$0.80 
Dividend Yield10.05%
Last Splitnone 
Per-Share Data
Book Value (mrq)$8.97 
Earnings (ttm)$0.08 
Earnings (mrq)-$0.38 
Sales (ttm)$2.04 
Cash (mrq)$0.02 
Valuation Ratios
Price/Book (mrq)0.89 
Price/Earnings (ttm)103.38 
Price/Sales (ttm)3.91 
Income Statements
Sales (ttm)$8.29M
EBITDA (ttm)$6.05M
Income available to common (ttm)$309.0K
Profitability
Profit Margin (ttm)3.7%
Operating Margin (ttm)48.2%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)0.39%
Return on Equity (ttm)0.81%
Financial Strength
Current RatioN/A 
Debt/Equity (mrq)0 
Total Cash (mrq)$88.0K
Short Interest
As of 8-Aug-2001
Shares Short0 
Shares Short
(Prior Month)
0 
Daily Volume2,000 
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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