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Home > Company Index > Real Estate > REIT - Residential > Cornerstone Realty Income Trust, Inc.
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Cornerstone Realty Income Trust, Inc. |
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NEWS FROM THE WIRES |
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Cornerstone Q2 funds from operations fall Aug 02 2001 06:50 AM PDT
> More WIRE STORIES about this company
PROFILE |
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Cornerstone Realty Income Trust builds its foundation apartment by apartment. The self-managed and self-advised real estate investment trust (REIT) buys, manages, and refurbishes apartment complexes in the South. The company's portfolio comprises 72 complexes holding more than 18,000 apartments in Georgia, North Carolina, South Carolina, Texas, and Virginia. Focused primarily in urban and suburban areas of midsized and large cities, the REIT's properties often include such amenties as clubhouses, fitness centers, and swimming pools. The company expands by acquisitions and expansion of existing properties.
COMPETITION |
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Archstone Communities Trust (ASN)
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United Dominion Realty Trust, Inc. (UDR)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 168.40
1-Yr. Sales Growth: 34.3%
Employees: 540
Revenue per employee: $311,851.85
KEY PEOPLE |
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Glade M. Knight
CEO
Stanley J. Olander
CFO
CONTACT INFO |
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306 E. Main St.
Richmond, VA 23219
US
Phone: 804-643-1761
Fax: 804-782-9302
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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