| Business Summary | | United
Investors
Realty
Trust
is
a
real
estate
investment
trust
that
acquires,
develops
and
operates
neighborhood
and
community
shopping
centers
in
the
Sunbelt
region
of
the
United
States.
The
Company
may
also
sell
some
of
its
shopping
centers
as
market
conditions
and
the
investment
environment
warrant.
As
of
December
31,
2000,
the
Company
owned
controlling
interests
in
25
shopping
centers
and
a
50%
non-controlling
interest
in
a
limited
partnership
that
owns
one
other
project.
The
25
operating
shopping
centers
comprised
approximately
3,049,000
square
feet
of
gross
leaseable
area,
of
which
approximately
796,000
square
feet
was
owned
by
grocery
store
operators
and
other
third
parties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | United
Investors
Realty
Trust
is
a
Texas
Real
Estate
Investment
Trust
engaged
in
the
acquisition,
development
and
management
of
neighborhood
and
community
shopping
centers
in
the
sunbelt
states.
For
the
six
months
ended
6/30/01,
total
revenues
fell
6%
to
$12.3
million.
Net
income
before
extraordinary
item
totaled
$3.2
million
vs.
a
loss
of
$3.3
million.
Results
reflect
lower
rental
revenues
due
to
the
sale
of
properties,
offset
by
the
absence
of
a
$6
million
impairment
loss. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Scharar, 52 Chairman,
Pres, CEO, Trust Mang. | $252K | R. Steven Hamner, 44 CFO,
VP | 189K | Randall Keith, 42 COO,
VP | 199K | W. Lowry Barfield, 73 Trust
Mang. | -- | William Brooks, 64 Trust
Mang. | -- | 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
|
|