| Business Summary | | AMRESCO
Capital
Trust,
a
real
estate
investment
trust,
was
formed
to
take
advantage
of
certain
mid-
to
high-yield
lending
and
investment
opportunities
in
real
estate
related
assets.
These
opportunities
include
various
types
of
commercial
mortgage
loans,
such
as
participating
loans,
mezzanine
loans,
acquisition
loans,
construction
loans,
rehabilitation
loans
and
bridge
loans;
commercial
mortgage-backed
securities;
commercial
real
estate;
equity
investments
in
joint
ventures
and/or
partnerships;
and
certain
other
real
estate-related
assets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AMRESCO
Capital
Trust,
a
mortgage
REIT,
was
formed
to
take
advantage
of
mid
to
high
yield
lending
and
investment
opportunities
in
real
estate
and
related
assets,
including
CMOs,
CMBSs,
commercial
real
estate,
and
equity
investments
in
JV.
For
the
three
months
ended
3/01,
revenues
fell
51%
to
$2.9
million.
Net
loss
totalled
$27.2
million
vs.
an
income
of
$1.2
million.
Results
reflect
the
absence
of
real
estate
revenues,
along
with
the
inclusion
of
a
$29.6
million
distribution. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Robert Adair, III, 56 Chairman
of Trust Mang.s and CEO | $11.9K | David Striph, 41 Pres,
CIO | 1.9K | John Deterding, 67 Trust
Mang. | -- | Bruce Duncan, 48 Trust
Mang. | -- | Christopher Leinberger, 49 Trust
Mang. | -- | 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
|
|