| | Business Summary | | G
&
L
Realty
Corp.
is
a
self-managed
real
estate
investment
trust
that
owns,
acquires,
develops,
manages
and
leases
healthcare
properties.
The
Company's
business
consists
of
investments,
made
either
directly
or
through
joint
ventures,
in
medical
office
buildings
(MOBs),
assisted
living
facilities
(ALFs),
skilled
nursing
facilities
(SNFs)
and
in
debt
obligations
secured
by
healthcare
properties.
The
Company
directly
owns
21
MOBs,
an
adjacent
parking
facility
and
two
retail
facilities,
and
indirectly
owns
three
additional
MOBs.
The
Company
has
investments
in
seven
SNFs,
one
senior
apartment
complex
that
is
located
adjacent
to
the
SNF
in
Phoenix,
Arizona,
and
one
hospital
located
in
Tustin,
California.
The
Company
has
investments
in
four
ALFs,
all
owned
through
joint
ventures. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | G&L
Realty
Corp.
is
a
REIT
that
finances,
acquires,
develops,
owns,
manages
and
leases
health
care
properties.
For
the
six
months
ended
6/30/01,
revenues
increased
25%
to
$29.5
million.
Net
income
applicable
to
Common
before
extraordinary
item
totaled
$545
thousand,
vs.
a
loss
of
$3.2
million.
Revenues
reflect
increased
patient
revenues
and
lease
termination
income.
Net
income
reflects
the
absence
of
a
$2.3
million
provision
for
doubtful
accounts
and
notes
receivable. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY2000 Pay | |
| Daniel Gottlieb, 60
Co-Chairman,
CEO | $290K | Steven Lebowitz, 60
Co-Chairman,
Pres | 290K | John Rauch, 70
Sr.
VP of Operations | 125K | George Nagler, 64
VP,
Gen. Counsel and Sec. | 170K | David Hamer, 27
CAO,
VP, Controller | 115K | | 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/g/glr.gif)