| Business Summary | | DVL
Inc.
is
a
commercial
finance
company
that
is
primarily
engaged
in
the
ownership
and
servicing
of
a
portfolio
of
secured
commercial
mortgage
loans,
as
well
as
acting
as
the
general
partner
of
the
limited
partnerships,
which
own
the
properties
that
secure
such
mortgages.
Also,
the
Company
performs
real
estate
asset
management
and
administrative
services
for
third
parties.
DVL
is
the
general
partner
of
approximately
80
Affiliated
Limited
Partnerships,
which
own
income-producing
commercial,
office
and
industrial
properties
comprising
approximately
three
million
square
feet.
The
Company
also
performs
real
estate
and
partnership
management
services
for
these
partnerships,
as
well
as
for
third
parties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DVL
Inc.
is
primarily
engaged
in
the
ownership
and
servicing
of
secured
commercial
mortgage
loans
and
acting
as
the
genreal
partner
of
the
limited
partnerships
that
own
the
properties.
For
the
six
months
ended
6/30/01,
revenues
rose
42%
to
$3.9
million.
Net
income
before
extraordinary
items
totalled
$488
thousand,
vs.
a
loss
of
$107
thousand.
Revenues
reflect
higher
interest
income
from
residual
interest.
Earnings
also
reflect
lower
interest
expenses
on
mortgages. | More
from
Market Guide: Significant
Developments |
| | | | FY1998 Pay | |
| Frederick Smithline, 68 Chairman | -- | Alan Casnoff, 55 Pres | $120K | Gary Flicker, 40 Exec.
VP and CFO | 140K | Dollar amounts are as of 31-Dec-1998 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
|
|