BNET Industries
Market Cap:$19.7K
Last Fiscal Year Sales:$359.1K
- Public
- US
Dow Jones Description
American Asset Management Corporation (the Company), conducts its business through its wholly-owned subsidiary, Capital Financial Corp. (Capital), a licensed mortgage banking company in New Jersey. Unless otherwise indicated, all references to the Company in this report includes the Company and its subsidiaries. The Company was incorporated in the State of New Jersey on July 1, 1988. CERTAIN BUSINESS DEVELOPMENTS DURING 2002, 2003 AND 2004 Between December 2001 and December 2002, the Company sold an aggregate of $235,000 of its 10% Cumulative Convertible Participating Preferred Stock to one of its directors and two non-affiliated accredited investors. During 2004, the Company secured financing in the form of notes payable from related parties in the amount of $320,000. BUSINESS - CAPITAL FINANCIAL CORP. The Company, through Capital, is primarily engaged in mortgage banking activities which involves the origination and sale of residential first mortgage loans collateralized by one to four family homes.
Number of Employees 2
Contact Information
1280 Route 46 West
Parsippany, New Jersey 07054
9732998713
Peer Companies
NAICS Code Real Estate Credit: 522292
News & Analysis
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american asset management corp. - All News and Analysis
Ellen Heller Joins Slayton Search Partners
NEW YORK -- Executive search firm Slayton Search Partners announced today that Ellen Heller has joined their New York office, and will be based out of Boston. Ellen will serve as a Managing Director in the Firm's Financial Services Practice focusing on Asset Management and Wealth Management. Her addition to...
American Realty Advisors Hires Director Within Its Asset Management Team
American Realty Advisors is pleased toannounce that Brian Lantz has joined the firm as Director, Asset Managementfor the Midwest and Northeast regions. American welcomes Mr. Lantz whowill be based in its Chicago office. The addition of Mr. Lantz willenhance the depth and experience of American's asset management team...
Nth American firm may be suitor.
Byline: Robert Harley Jan 29, 2007 (The Australian Financial Review - ABIX via COMTEX) -- There is speculation that a North American asset manager may be the bidder for Australian developer, Multiplex. Brookfield has assets under management of over $US50 billion ($A65.7 billion)...
Stock Market Analysis
MARK HAINES, CNBC ANCHOR: We are back. Let`s take a look at the markets. The Dow is up 16 points, the Nasdaq is up almost 10. The S&P doing nicely too, up 2 -- more than 2.5. OK. Our next guest says...
Stock Markets Analysis
MARIA BARTIROMO, CNBC ANCHOR: And let`s talk strategy right now. How should investors be interpreting the Fed`s message and more importantly, how should investors being investing based on that? Joining me now, Fred Dickson, chief market strategist at D.A. Davidson & Company and Joseph...
Stock Market Analysis
MARIA BARTIROMO, CNBC ANCHOR: So is it a fear of a slowing economy or a vigilant Federal Reserve that`s pounding the market today? Digging deeper into the action, Ken Tower joins me. He`s chief market strategist with Cyber Trader. He says stocks are...
Johnson taps into Hedge fund of funds: venture with Deutsche Bank meant to help blacks grow wealth
Billionaire and Black Entertainment Television founder Robert L. Johnson has formed a new yet unnamed fund company with African American asset managers in mind. Johnson says his new hedge fund venture with Deutsche Bank AG is designed to create opportunities and ensure that "African Americans have an opportunity...
Johnson & Jennings General Contracting has completed construction for the expansion of the law offices of Gordon & Rees, LLP within the SBC building at 101 W. Broadway in Downtown San Diego
Johnson & Jennings General Contracting has completed construction for the expansion of the law offices of Gordon & Rees, LLP within the SBC building at 101 W. Broadway in Downtown San Diego. The contractor was retained for the project by American Assets, manager of the 20-story office building. ...
American Express Financial Advisors Hires Leaders of Strategic Planning and Investor Relations
MINNEAPOLIS -- John Woerner and Laura Gagnon join leadership team as company prepares for spin off American Express Financial Advisors AEFA, a unit of American Express Company (NYSE:AXP), has hired John Woerner as senior vice president, Strategic Planning and Business Development, and Laura Gagnon as vice president, Investor...
Sterling appointment
Sterling American Property Inc., the real estate investment funds of Sterling Equities, Inc., announced the promotion of James E. Seiler to Senior Vice President of Asset Management. Richard Wilpon, Co-Chief Executive Officer of the general partners of the Sterling American Funds, made the announcement. The promotion is in...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Julian Rubinstein | Founder and President of American Asset Management |
| Organization | Position | Status |
|---|---|---|
| American Asset Management Corp | Founder and President of American Asset Management | Current |
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