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HMG/Courtland Properties Inc. (HMG)

16.50 Up 1.25(8.20%) Sep 15 - Nasdaq Real Time Price
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HMG/Courtland Properties Inc.
1870 South Bayshore Drive
Coconut Grove, FL 33133
United States - Map
Phone: 305-854-6803
Fax: 305-856-7342

Index Membership:N/A
Industry:REIT - Retail
Full Time Employees:N/A

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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Key Executives 
Mr. Maurice A. Wiener , 73
Chairman, Chief Exec. Officer, Pres, Chairman of HMG Advisory Corp and Chief Exec. Officer of HMG Advisory Corp
Mr. Carlos Camarotti , 53
Principal Accounting Officer, VP of Fin., Controller, Assistant Sec., VP of Fin. of HMG Advisory Corp and Assistant Sec. of HMG Advisory Corp
Amounts are as of Dec 31, 2013 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.
Currency in USD.
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