| Business Summary | | JP
Realty,
Inc.
is
a
fully
integrated,
self-administered
and
self-managed
real
estate
investment
trust
(REIT)
primarily
engaged
in
the
business
of
owning,
leasing,
managing,
operating,
developing,
redeveloping
and
acquiring
regional
malls,
community
centers
and
other
commercial
and
retail
properties
in
Utah,
Idaho,
Colorado,
Arizona,
Nevada,
New
Mexico
and
Wyoming
(the
Intermountain
Region),
as
well
as
in
Oregon,
Washington
and
California.
As
of
December
31,
2000,
the
Company
held
a
portfolio
consisting
of
50
properties,
including
18
enclosed
regional
malls,
25
community
centers
and
one
freestanding
retail
property,
located
in
10
states
and
six
mixed-use
commercial
properties,
located
primarily
in
the
Salt
Lake
City,
Utah,
metropolitan
area. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | JP
Realty
is
engaged
in
the
business
of
owning,
leasing,
managing,
operating,
developing,
redeveloping
and
acquiring
malls,
community
centers
and
other
commercial
and
retail
properties.
For
the
six
months
ended
6/30/01,
total
revenues
rose
3%
to
$69
million.
Net
income
fell
13%
to
$9.4
million.
Revenues
reflect
an
increase
in
regional
mall
and
community
center
sales.
Earnings
were
offset
by
an
increase
in
insurance
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Price, 67 Chairman,
CEO | $193K | G. Rex Frazier, 57 Pres,
COO | 206K | Warren King, 63 Vice
Chairman | -- | M. Scott Collins, 45 CFO,
VP, Treasurer | 137K | Paul Mendenhall, 53 VP,
CIO and Sec. | 120K | 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
|
|