| Business Summary | | Bresler
&
Reiner,
Inc.
has
two
principal
activities,
residential
land
development
and
construction,
and
rental
property
ownership
and
management
primarily
in
the
Washington,
DC
Metropolitan
Area.
The
Company
owns
two
partially
developed
residential
tracts
of
land
within
the
greater
Washington,
D.C.
area.
On
one
of
these
tracts
it
develops
residential
lots
for
sale
and
constructs
townhouses
as
part
of
a
residential
subdivision
and
on
the
other
tract
the
Company
develops
residential
lots
for
sale.
The
Company
may
decide
to
sell
certain
of
its
land
if
it
determines
that
it
is
in
the
best
interest
of
the
Company
to
do
so.
The
Company
designs
and
constructs
its
homes
in
accordance
with
its
periodic
evaluation
of
the
prevailing
market
for
new
homes.
Its
current
plan
is
to
continue
to
build
town
homes
that
appeal
to
the
entry-level
purchaser.
The
Company
generally
avoids
custom
features
and
offers
a
limited
number
of
home
models. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Bresler
and
Reiner,
Inc.
operates
in
two
principal
areas:
residential
land
development
and
construction
and
rental
ownership
and
management,
primarily
in
the
Washington,
DC
Metropolitan
area.
For
the
six
months
ended
6/30/01,
revenues
rose
43%
to
$24.1
million.
Net
income
fell
2%
to
$4.7
million.
Revenues
reflect
increased
rental
income
from
commercial
operations.
Earnings
were
partially
offset
by
increased
expenses
associated
with
commercial
rental
operations. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Charles Bresler, 73 Chairman,
CEO, Director | $250K | Burton Reiner, 72 Pres,
Director | 250K | Sidney Bresler, 45 COO | 125K | William Oshinsky, 58 Treasurer,
Director | 121K | Edwin Horowitz, 68 Sec.,
Director | 125K | 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
|
|