| | Business Summary | | AmeriVest
Properties
Inc.
operates
and
intends
to
continue
to
operate
in
a
manner
so
that
it
qualifies
as
a
real
estate
investment
trust.
Through
its
subsidiaries,
the
Company
owns
a
variety
of
income-producing
properties
focused
on
small
to
mid-size
tenants,
including
22
office
properties
in
Colorado,
Texas,
Indiana
and
Wisconsin.
All
properties
are
managed
under
an
agreement
with
Sheridan
Realty
Advisors,
LLC,
which
also
manages
the
Company's
day-to-day
operations
and
assists
and
advises
its
Board
of
Directors
on
real
estate
acquisitions
and
investment
opportunities.
Sheridan
Realty
Advisors
receives
an
administrative
fee
and
a
property
management
and
accounting
fee
for
these
services. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | AMV
is
a
real
estate
investment
trust
(``REIT'')
managed
since
January
1,
2000
by
Sheridan
Realty
Advisors
LLC.
Through
its
subsidiaries,
AMV
owns
22
commercial
office
properties
located
in
CO,
TX,
IN
and
WI.
For
the
six
months
ended
6/01,
revenues
rose
43%
to
$4.8
million.
Net
income
totalled
$760
thousand,
up
from
$226
thousand.
Results
reflect
the
inclusion
of
operations
from
the
Panorama
Falls
building
and
the
Sheridan
Center,
and
$1.1
million
from
a
real
estate
sale. | | More
from
Market Guide: Significant
Developments |
| | |
| Position | | William Atkins, 51 | Chairman,
CEO | | Charles Knight, 43 | Pres,
Sec., Director | | D. Scott Ikenberry, 50 | CFO | | Alexander Hewitt, 43 | VP,
Vice Chairman, corporate seceratry | | John Greenman, 47 | VP,
Sr. VP of the Advisor |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/amv.gif)