News / Business
American Land Lease Inc (NYSE:ANL) to Release Q1 2008 Earnings May 13
American Land Lease Inc (NYSE:ANL) will release the first quarter earnings for 2008 on Tuesday, May 13. The financial results will be available at americanlandlease.com/financials.asp.
American
Land Lease Inc. (ANL) is a self-administered and self-managed REIT engaged in
the ownership, development, expansion, management, financing and refinancing,
acquisition and disposition of residential land lease communities.
As of
December 31, 2007, the Company held interests as owner in 30 residential land
lease communities, one of which includes 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.
The Company
collects various amounts from the homeowners in its communities related to the
lease of the home site, use of common facilities and areas, maintenance of
lawns and common areas, collection of trash, providing water and wastewater
services, payment of ad valorem taxes, operation of security services and
maintenance of common infrastructure.
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