HMG/Courtland Properties, Inc. · Coconut Grove, FL United States ·(NYSE Alternext: HMG)
Company Description
View HMG/Courtland Properties, Inc. Locations On A US Map
This link will open in a new window
This link will open in a new window Sun, sea, and sand are key parts of the business mix for HMG/Courtland Properties, a real estate investment trust (REIT) that owns and manages commercial real estate in the Miami area. The company owns the Grove Isle luxury resort, which includes a hotel, restaurant, spa, and marina, and accounts for more than 70% of HMG/Courtland's rental income. Grive Isle is managed by Noble House Resorts. The REIT also holds a 50% interest in another retail, restaurant, and marina property and a 5,000 sq. ft. corporate office building. It has two properties held for development in Rhode Island and Vermont and has equity interests in other commercial real estate operations. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key HMG/Courtland Properties, Inc. Financials
| Company Type | Public - NYSE Alternext: HMG Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $10.9 |
| 2008 Employees | 96 |
HMG/Courtland Properties, Inc. Executives
6 executives listed for HMG/Courtland Properties, Inc.'s Coconut Grove, FL location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Maurice Wiener | Network |
| President, Secretary, Treasurer, and Director | Lawrence Rothstein | Network |
| VP Finance and Assistant Secretary | Carlos Camarotti | Network |
Competition
Competitive Landscape for HMG/Courtland Properties, Inc.
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.Top HMG/Courtland Properties, Inc. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!