December 17, 2017 3:32 AM ET

Real Estate Management and Development

Company Overview of ALLETE Properties, LLC

Company Overview

ALLETE Properties, LLC is based in Fort Myers, Florida. ALLETE Properties, LLC operates as a subsidiary of ALLETE, Inc.

14421 Metropolis Avenue

Suite 101

Fort Myers, FL 33912

United States

Key Executives for ALLETE Properties, LLC

ALLETE Properties, LLC does not have any Key Executives recorded.

ALLETE Properties, LLC Key Developments

ALLETE Properties, LLC Announces Earnings Results for the Full Year Ended December 31, 2015

ALLETE Properties, LLC announced earnings results for the full year ended December 31, 2015. The company posted a net loss of $21.3 million in 2015, compared to a net loss of $1.5 million in 2014. The net loss for 2015 included the $22.3 million after-tax non-cash impairment charge on ALLETE Properties real estate assets, and a $3.0 million after-tax expense, or 6 cents per share, for acquisition costs related to the acquisition of U.S. Water Services. Earnings per share for 2015 were diluted by 36 cents due to additional shares of common stock outstanding as of December 31, 2015.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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