| | Business Summary | | Crescent
Real
Estate
Equities
Company
operates
as
a
real
estate
investment
trust
and,
together
with
its
subsidiaries,
provides
management,
leasing
and
development
services
for
some
of
its
properties.
As
of
December
31,
2000,
the
Company's
assets
and
operations
were
composed
of
four
major
investment
segments:
Office
Segment,
Resort/Hotel
Segment,
Residential
Development
Segment
and
Temperature-Controlled
Logistics
Segment.
The
Company's
portfolio
of
properties
includes
office
properties,
retail
properties,
luxury
resorts
and
spas,
destination
fitness
resorts
and
spas,
upscale
business
class
hotels,
residential
development
properties
and
production
and
distribution
facilities. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Crescent
R.E.
Equities
is
a
fully
integrated
real
estate
company
operating
as
a
REIT.
CEI
provides
management,
leasing
and
development
services
for
its
properties.
For
the
six
months
ended
6/30/01,
revenues
rose
5%
to
$369.1
million.
Net
income
before
extraordinary
item
applicable
to
Common
fell
38%
to
$50.3
million.
Results
reflect
higher
office
property
revenues
due
to
increased
rental
and
average
occupancy
rates,
offset
by
reduced
gains
on
the
sale
of
properties. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Richard Rainwater, 56
Chairman | -- | -- | Dennis Alberts, 52
Pres,
COO | $1.3M | -- | John Goff, 45
Vice
Chairman, CEO | 3.5M | -- | Jerry Crenshaw, Jr., 37
CFO,
Sr. VP, Chief Accounting Officer | 783K | -- | David Dean, 40
Exec.
VP - Lae and Admin., Sec. | 808K | $4.3K | | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/cei.gif)