| | Business Summary | | Cedar
Income
Fund,
Ltd.
is
a
real
estate
investment
trust
engaged
in
ownership,
management,
operation,
and
leasing
of
real
estate
properties.
The
Company,
through
Cedar
Income
Fund
Partnership,
L.P.,
owns
and
operates
three
office
properties
aggregating
approximately
224,000
square
feet,
located
in
Jacksonville,
Florida,
Salt
Lake
City,
Utah
and
Bloomington,
Illinois;
and
a
50%
sole
general
partnership
interest
in
a
260,000-square
foot
shopping
center
property
located
in
Harrisburg,
Pennsylvania. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Cedar
Income
Fund,
Ltd.
operates
as
an
equity-based
real
estate
investment
trust.
For
the
three
months
ended
3/31/01,
revenues
rose
41%
to
$983
thousand.
Net
loss
applicable
to
General
Partners
before
accounting
change
totaled
$3
thousand
vs.
an
income
of
$64
thousand.
Revenues
reflect
the
additional
rental
income
generated
by
the
acquisition
of
The
Point
Shopping
Center.
Net
loss
reflects
an
increased
interest
expense
due
to
a
higher
line
of
credit. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
966;
after
tax
earnings
were
336. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Leo Ullman, 61 | Pres,
Director | | Brenda Walker, 48 | VP,
Director |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/cedr.gif)