General Growth Properties, Inc 

(Public, OTC:GGWPQ)   Watch this stock   
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Nov 5, 2009
Q3 2009 Earnings Release
  

Key stats and ratios

Q3 (Sep '09) 2008
Net profit margin -17.45% -2.71%
Operating margin 23.47% 36.55%
EBITD margin - 59.15%
Return on average assets -1.83% -0.31%
Return on average equity -29.62% -1.23%
Employees 3,500 -

Address

110 N. Wacker Dr.
Chicago, IL 60606
United States - Map
+1-312-9605000 (Phone)
+1-312-9605000 (Fax)

Website links

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Description

General Growth Properties, Inc. (GGP) is a self-administered and self-managed real estate investment trust (REIT). GGP is the owner or manager of over 200 regional shopping malls in 44 states and the owner of five master planned communities. The Company operates in two segments: Retail and Other, and Master Planned Communities. Retail and Other includes the operation, development and management of retail and other rental property, primarily shopping centers. Master Planned Communities includes the development and sale of land, primarily in large-scale, long-term community development projects in and around Columbia, Maryland; Summerlin, Nevada; Houston, Texas, and its one residential condominium project located in Natick (Boston), Massachusetts. On February 29, 2008, GGP acquired The Shoppes at The Palazzo in Las Vegas, Nevada. In April 2009, the Company filed for filed for Chapter 11 bankruptcy protection from its creditors.

Officers and directors

John Bucksbaum
Chairman of the Board
Portrait. Age: 52
Adam S. Metz
Chief Executive Officer, Director
Age: 47
Thomas H. Nolan Jr.
President, Chief Operating Officer, Director
Age: 51
Robert Michaels
Vice Chairman of the Board, Chief Operating Officer
Portrait. Age: 65
Edmund Hoyt
Interim Chief Financial Officer, Senior Vice President, Chief Accounting Officer
Age: 57
Joel Bayer
Senior Vice President, Chief Investment Officer
Age: 45
Ronald L. Gern
Senior Vice President, General Counsel, Secretary
Age: 50
Sharon Polonia
Senior Vice President - Asset Management
Age: 46
James Brewster
Senior Vice President
Age: 48
Anthony Downs
Director
Age: 78