| | Business Summary | | Avatar
Holdings,
Inc.
operates
in
real
estate
business
and
is
primarily
engaged
in
the
development
of
active
adult
communities
in
Florida
and
residential
communities
in
Florida
and
Arizona.
The
Company's
primary
residential
community
development
activities
range
from
custom,
semi-custom
and
mid-priced
homebuilding
to
the
operation
of
amenities
and
resorts,
as
well
as
a
variety
of
related
activities,
including
the
development,
leasing
and
management
of
improved
commercial
and
industrial
properties,
cable
television
operations
and
property
management
services.
The
Company
owns
and
operates
the
water
and
wastewater
utilities
at
Rio
Rico. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | AVTR
is
engaged
in
the
business
of
developing
and
selling
single
and
multifamily
residential
housing
and
active
adult
communities,
and
the
leasing
and
management
of
commercial
and
industrial
properties.
For
the
six
months
ended
6/30/01,
revenues
rose
27%
to
$82.1
million.
Net
income
totaled
$3.5
million
vs.
a
loss
of
$3.8
million.
Revenues
reflect
higher
sales
at
the
Solivita
development
and
an
investment
gain
of
$6.8
million
vs.
a
loss
of
$6
million.
Net
income
also
reflects
improved
operating
margins. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Leon Levy, 75
Chairman | -- | Gerald Kelfer, 55
Pres,
CEO, Vice Chairman, Director | $2.0M | Charles McNairy, 54
Exec.
VP and Treasurer | 220K | Dennis Getman, 56
Exec.
VP and Gen. Counsel | 230K | Michael Levy, 42
Exec.
VP and COO, Avatar Properties Inc. | 506K | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/avtr.gif)