NEWS FROM THE STANDARD |
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QXL Ricardo Narrows Losses
May 25 2001 05:47 AM PDT
PROFILE |
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The Rose Corporation has bloomed as a real estate investment company. Rose provides short-term mezzanine lending to developers -- mostly for loft condominiums, residential subdivisions, and retail centers in Toronto -- and invests in such properties as senior living centers, self-storage facilities, resorts, and historic, mixed-use properties. It also owns the Toronto Film Studio, Canada's largest. CEO Sam Reisman split from a family of homebuilders to found Rose (named for his wife) in 1982, and the firm became known for innovative urban planning and historic preservation. It later became a subsidiary of manufacturing conglomerate Enscor, which Reisman took over, gradually sold off in pieces, and then took private.
COMPETITION |
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Brookfield Properties Corporation (BPO)
Cadillac Fairview Corporation (dossier)
Revenue Properties Company Limited (RPC)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: July
2000 Sales (mil.): 10.00
1-Yr. Sales Growth: (9.4)%
Employees: 140
Revenue per employee: $71,428.57
KEY PEOPLE |
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Sam Reisman
CEO
Lana Sherman
CFO
CONTACT INFO |
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156 Duncan Mill Rd., Ste. 12
Don Mills Ontario M3B 3N2, Canada
Phone: 1-416-449-3535
Fax: 1-416-449-9887
Online: Web Site
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