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Last $12.00 USD
Change Today 0.00 / 0.00%
Volume 5.0
HMG On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

1870 South Bayshore Drive

Coconut Grove, FL 33133

United States

Phone: 305-854-6803

Fax: 305-856-7342

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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