Real Estate Investment Trusts (REITs)
Company Overview of American Land Lease Inc.
American Land Lease, Inc., a real estate investment trust (REIT), engages in the ownership, development, expansion, management, financing and refinancing, acquisition, and disposition of residential land lease communities in the United States. It owns home sites that are leased to owners of homes situated on the leased land, and owns various amenities provided for common use by the homeowners. As of December 31, 2007, the company held interests as owner in 30 residential land lease communities that include a recreational vehicle park with an approximate total of 7,984 operational home sites; 1,370 developed home sites; 1,191 undeveloped home sites; and 129 recreational vehicle sites. Its por...
29399 US Highway 19 North
Clearwater, FL 33761
Founded in 1986
Key Executives for American Land Lease Inc.
Chief Operating Officer, Chief Financial Officer, Chief Accounting Officer, Treasurer, and Senior Vice President
Vice President, Secretary and General Counsel
Executive Vice President of Acquisitions and Development
Vice President - Arizona Division
Assistant Corporate Controller and Director - Tax
Compensation as of Fiscal Year 2014.
American Land Lease Inc. Key Developments
Alceon May Sell Its Modular Park Business
Nov 10 14
Alceon Group Pty Limited's senior management may have been turning their attention to the acquisition of Noni B of late, but it appears it is not the only transaction at the forefront of their minds. There could be moves afoot by Alceon to sell its modular park business. It is understood that talks have been held between Alceon and Sun Communities Inc. (NYSE:SUI) about a deal, while American Land Lease Inc. is also thought to have been sounded out as a potential buyer. Sources say Alceon needs to make an exit by September 2015 due to some of its fund arrangements and if a trade sale does not happen, an IPO could be the other option.
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