|
AmREIT |
|
AmREIT (AMEX: AMY) is a real estate investment trust (REIT) focused on the ownership, development and management of “Irreplaceable CornersTM”- which we define as premier retail frontage properties typically located on “Main and Main” intersections in high-traffic, highly populated affluent areas. Our portfolio consists of shopping centers anchored by market-dominant tenants such as Kroger, Barnes & Noble and Walgreens and are supported by specialty retailers such as GAP, Starbucks, Hallmark and Verizon.
AmREIT’s flexible business structure drives our growth and consists of our REIT portfolio that is supported by three synergistic businesses – a real estate operating and development business, an NASD registered securities business and a merchant development retail partnership business.
Our real estate operating and development business focuses on the acquisition, development, management, brokerage and ownership of high quality commercial retail real estate, allowing the company to generate additional fee revenue, including third-party development fees, construction fees and brokerage and leasing commissions, as well as property and asset management fees.
Our securities business gives the company direct access to cost-efficient capital through the independent financial planning community, broadening AmREIT’s avenues to raise equity.
The retail partnership business combines the skills and relationships of our real estate team and our securities group to raise private capital for our actively managed funds, in which we capture recurring development, leasing, property and asset management fees for services performed while maintaining an ownership interest and profit participation.
This flexible structure allows AmREIT access to multiple avenues of capital which can be deployed efficiently and accretively for our shareholders. In addition, our business model cultivates growth both internally and externally, distinguishing AmREIT as a value creator, a growth company and a source of dependable monthly income.
As of December 31, 2004, AmREIT owns more than $203 million in assets, a 100 percent increase from the end of 2003, and manages approximately $50 million of private equity through our retail partnership business. Management’s ability to successfully execute our business strategy in 2004 stimulated a 33 percent total shareholder return, all while maintaining a conservative leverage structure.
| Market Assistant |
 |
PrecisionAlert |
|
|
|
|
|
|
_web.gif)
