BNET Industries

Last Fiscal Year Sales:$66.1M
  • Public
  • US
Dow Jones Description

American Land Lease, Inc. (ANL), a Delaware corporation, 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. Residential land lease communities own home sites that are leased to owners of homes situated on the leased land and own various amenities provided for common use by the homeowners. The amenities may include features that support the lifestyle of the community such as a clubhouse, pool, tennis courts, golf course, or marina. The communities consist of one or more subdivisions with features comparable to any typical residential subdivision, including central entrances, paved streets, signage and monumentation, and in some instances, sidewalks and street lights. We collect various amounts from the homeowners in our 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. The extent of the services provided varies by community. In May 1997, American Land Lease, Inc. contributed its net assets to Asset Investors Operating Partnership, L.P. ...

President, CEO & COO
Randall K. Rowe
Number of Employees 195
Contact Information

29399 US Hwy 19 N Ste 320

Clearwater, Florida 33759

www.americanlan...

(727) 726-8868

NAICS Code : 525930

Recent Events

  • Green Courte Partners Names James R. Goldman Vice Chairman

    8/05/09 - Merger / Acquisition - View Story

Decision Makers

Name (plus bio) Position
Randall K. Rowe President, CEO & COO
Robert Blatz President and Coo
Bruce E. Moore Chief Operating Officer
Shannon E Smithwas Chief Financial Officer of the Company
Shannon E. Smith Chief Accounting Officer
J John Jr Vice President and General Counsel
John J Cunningham Jr General Counsel, Secretary & Vice President
Bruce D. Benson Director of the Company
Thomas Harvey Director of the Company
Todd W. Sheets Director of the Company

Board of Directors

Name (plus bio) Position
Thomas L. Rhodes ViceChairman
Edward Moore Bruce Board of Directors

Organization Position Status
American Land Lease, Inc. President, CEO & COO Current
American Land Lease, Inc. Chair of Board Former

Organization Position Status
American Land Lease, Inc. President and Coo Current
All Homes Corp President of American Land Lease Former
S.Com, Inc. Executive Vice President Former
Cooper's Inc. Senior Associate Former

Bruce E. Moore has been a Director of the Company since July 2001, and is a member of the Compensation Committee and the Nominating Committee. Mr. Moore was appointed President and Chief Operating Officer in February 1998. Mr. Moore resigned from his position as Chief Operating Officer, Secretary and Treasurer of the Company in November 2000; the latter two positions he had held since October 2000. Mr. Moore resigned from his position of President in July 2001. He also served as President and Chief Operating Officer of Commercial Assets until its merger with the Company on August 11, 2000. Mr. Moore is the founder and is the Chief Executive Officer of Brandywine Financial Services Corporation and its affiliates, or "Brandywine," a private real estate firm specializing in various aspects of the real estate industry, including asset management, consulting, development, property management, brokerage and capital formation.

Organization Position Status
American Land Lease, Inc. Chief Operating Officer Current
American Land Lease, Inc. Director of the Company Former
American Land Lease, Inc. Secretary and Treasurer Former
American Land Lease, Inc. Board of Directors Former

Organization Position Status
American Land Lease, Inc. Chief Financial Officer of the Company Current

Senior Vice President, Chief Financial Officer and Treasurer, American Land Lease, Inc. Shannon E. Smith, currently serves as Senior Vice President, Chief Financial Officer and Treasurer of American Land Lease, Inc., a real estate investment trust. Until the completion of its merger with GCP Sunshine Acquisition, Inc. on March 16, 2009, American Land Lease was listed on the NYSE. Mr. Smith joined American Land Lease, Inc. in October 2000 as Chief Accounting Officer and was appointed as its Chief Financial Officer in February 2001. Mr. Smith also served as the Secretary of American Land Lease, Inc. from July of 2002 until January of 2008. From March 1997 to October 2000, Mr. Smith served as Chief Financial Officer of Jemison-Demsey Holding Company, and other entities controlled by Jemison Investment Company. Mr. Smith began his career with Ernst & Whinney as a certified public accountant.

Organization Position Status
American Land Lease, Inc. Chief Accounting Officer Current
Walter Investment Management Corporation Board of Directors Current
American Land Lease, Inc. Secretary Former

Organization Position Status
American Land Lease, Inc. Vice President and General Counsel Current

Organization Position Status
American Land Lease, Inc. General Counsel, Secretary & Vice President Current

Bruce D. Benson has served as a Director of the Company since October 1996 and serves as Chairman of the Compensation Committee and as a member of the Audit Committee and the Nominating Committee. For the past thirty-eight years, he has been the owner and President of Benson Mineral Group, a domestic oil and gas production company, and had for six years until its sale in 2003, served as Chairman, Chief Executive Officer and President of United States Exploration, Inc., an oil and gas exploration company listed on the American Stock Exchange.

Organization Position Status
American Land Lease, Inc. Director of the Company Current
All Homes Corp Member of The Audit Committee Current
American Land Lease, Inc. Board of Directors Current
United States Exploration, Inc. Chief Executive Officer Former
United States Exploration, Inc. President Former
United States Exploration, Inc. Chairman Former

Organization Position Status
American Land Lease, Inc. Director of the Company Current
American Land Lease, Inc. Board of Directors Current
Pulte Homes, Inc. Florida Area President Former

Organization Position Status
American Land Lease, Inc. Director of the Company Current
American Land Lease, Inc. Chairman Current
Raymond James & Associates, Inc. Managing Director Former
Raymond James & Associates, Inc. Director Former

Organization Position Status
American Land Lease, Inc. ViceChairman Current
Apartment Investment & Management Co. Board of Directors Current
American Land Lease, Inc. Board of Directors Current
The Goldman Sachs Group, Inc. General Partner Former
Delphi Financial Group, Inc. Director Former
American Land Lease, Inc. Co-Chairman, Vice Chairman Former

Organization Position Status
American Land Lease, Inc. Board of Directors Current
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