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HMG/Courtland Properties Inc. (HMG)

At 09:31 EST: 3.25 USD  Down 0.32 (8.96%)  
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HMG/Courtland Properties Inc.
1870 S Bayshore Drive
Coconut Grove, FL 33133
Phone: 305-854-6803
Fax: 305-856-7342

DETAILS
Index Membership: N/A
Sector: Financial
Industry: REIT - Retail
Employees (last reported count): 97

BUSINESS SUMMARY
HMG/Courtland Properties, Inc. operates as a real estate investment trust (REIT) in the United States. The company, together with its subsidiaries, engages in the ownership and management of commercial properties in the Coconut Grove section of Miami, Florida. Its principal commercial properties include a resort with a 50-room hotel, restaurant/banquet facilities, spa, marina, and tennis courts under the Grove Isle name; a 50% interest in a restaurant, marina, and office/retail mall facility under the Monty’s name; and a 5,000 square foot corporate office building. The company also owns two properties held for development consisting of a 70% interest in a 13,000 square foot commercial building in Montpelier, Vermont, as well as approximately 50 acres of vacant land in Hopkinton, Rhode Island. It has elected to be treated as a REIT. As a REIT, the company would not be subject to federal income tax, provided it distributes at least 90% of its REIT taxable income to its shareholders. HMG/Courtland Properties was founded in 1971 and is based in Coconut Grove, Florida.
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OFFICERS
  Pay Exercised
Mr. Maurice Wiener , 67
Chairman, Chief Exec. Officer, Chairman of HMG Advisory Corp and Chief Exec. Officer of HMG Advisory Corp
N/A N/A
Mr. Lawrence I. Rothstein , 56
Pres, Principal Financial Officer, Sec., Treasurer, Director, Pres of HMG Advisory Corp, Sec. of HMG Advisory Corp, Treasurer of HMG Advisory Corp of HMG Advisory Corp
N/A N/A
Mr. Maurice A. Weiner ,
Chairman
N/A N/A
Mr. Carlos Camarotti , 48
Principal Accounting Officer, VP of Fin., Assistant Sec., Controller, VP of Fin. of HMG Advisory Corp. and Assistant Sec. of HMG Advisory Corp
N/A N/A
Mr. Bernard Lerner , 66
VP of Courtland Investments Inc
N/A N/A
Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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