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First Real Estate Investment Trust Of NJ - Company Profile Snapshot

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Company Profile: First Real Estate Investment Trust Of NJ
Ticker: FREVS
Exchanges: OTC
2009 Sales: n/a
Major Industry: Financial
Sub Industry: Real Estate Investment Trust Co.
Country: UNITED STATES
Employees: 24

Business Description
First Real Estate Investment Trust Of NJ. The Group's principal activity is to acquire, develop constructs and holds real estate properties for long-term investment and not for resale. The Group operates in two segments: Commercial Properties and Residential Properties. commercial properties consist of multi and single tenanted properties. Residential Properties includes residential apartment communities and retail properties that consist of multi and single tenanted properties which includes rent increases, granting concessions, a higher number of move-outs and higher than usual incidences of late or defaulted monthly rental payments. The properties are located in New Jersey, Maryland and New York.

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