| Business Summary | | Newmark
Homes
Corp.
is
the
holding
company
whose
subsidiaries
operate
in
the
home
building
industry
under
the
names
Newmark
Home
Corporation,
Westbrooke
Communities,
Inc.
and
affiliated
entities
and
The
Adler
Companies,
Inc.
The
Company
also
owns
a
lot
development
company,
Pacific
United
Development
Corp.
Through
its
operating
subsidiaries,
the
Company
designs,
builds
and
sells
single-family
detached
homes
in
ten
major
markets
within
the
Southwest
and
Southeast
United
States,
including
Houston,
Austin,
Dallas/Fort
Worth
and
San
Antonio,
Texas;
Ft.
Lauderdale,
Palm
Beach
and
Miami,
Florida
(South
Florida);
Nashville,
Tennessee;
and
Charlotte
and
Greensboro/
Winston-Salem,
North
Carolina. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Newmark
Homes
Corporation
designs,
builds,
and
sells
single-family
detached
homes
within
the
Southwest
and
Southeast
U.S.,
including
Texas,
Florida,
Tennessee
and
North
Carolina.
For
the
six
months
ended
6/30/01,
revenues
fell
4%
to
$288.4
million.
Net
income
rose
3%
to
$12.3
million.
Revenues
reflect
a
decrease
in
the
number
of
units
closed.
Earnings
benefitted
from
increased
revenues
from
the
Company's
most
profitable
markets
and
lower
income
tax
payment. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Constantine Stengos, 64 Chairman | -- | Lonnie Fedrick, 56 Pres,
CEO | $2.6M | Terry White, 51 CFO,
Sr. VP, Treasurer, Sec. | 742K | James Carr, 50 Exec.
VP | 1.5M | J. Mike Beckett, 41 Exec.
VP-Purchasing/Product Devel. | 778K | Dollar amounts are as of 31-Dec-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
|
|