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Amrep Corporation
AMREP Corporation is a real estate and media services company based in Princeton, New Jersey, in the United States, and was founded in 1961 as The American Realty and Petroleum Corporation. Subsidiaries AMREP operates its businesses through two subsidiaries, AMREP Southwest Inc. and Kable Media Services, Inc. Land development AMREP Southwest Inc. operates AMREP's land development division. Shortly after its incorporation, the company purchased of land just north of Albuquerque, New Mexico, dubbing the new town Rio Rancho, New Mexico. It planned to subdivide and resell it to retirees and out-of-state vacationers. Rio Rancho slowly grew to a population of 1,000 by 1970. In 1971, it purchased an additional adjacent to the original purchase. Initially, the company used an aggressive sales approach to reselling the land. They would buy potential customers dinner and show a short video entitled ''"Your Golden Future"'' displaying a picturesque retirement. However, the brunt of the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russell Microcap Index
The Russell Microcap Index measures the performance of the microcap segment of the U.S. equity market. It makes up less than 3% of the U.S. equity market. It includes 1,000 of the smallest securities in the Russell 2000 Index based on a combination of their market cap and current index membership and it also includes up to the next 1,000 stocks. , the weighted average market capitalization for a company in the index was $535 million; the median market cap was $228 million. The market cap of the largest company in the index was $3.6 billion. The index, which was launched on June 1, 2005, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. Its ticker symbol is ^RUMIC. Records In February 2021, during the everything bubble, a record 14 members of the index exceeded the market capitalization of the smallest member of the S&P 500 Index. Investing The Russell Microcap Index is tracked by the iShares Micro-Cap ETF (). Top 10 holdings *Mercury Systems () * Cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Princeton, New Jersey
Princeton is a municipality with a borough form of government in Mercer County, in the U.S. state of New Jersey. It was established on January 1, 2013, through the consolidation of the Borough of Princeton and Princeton Township, both of which are now defunct. Centrally located within the Raritan Valley region, Princeton is a regional commercial hub for the Central New Jersey region and a commuter town in the New York metropolitan area.New York-Newark, NY-NJ-CT-PA Combined Statistical Area . Accessed December 5, 2020. As of the |
Real Estate Developer
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint venture, create, imagine, control, and orchestrate the process of development from the beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typically, developers purchase a t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Land Development
Land development is the alteration of landscape in any number of ways such as: * Changing landforms from a natural or semi-natural state for a purpose such as agriculture or housing * Subdividing real estate into lots, typically for the purpose of building homes * Real estate development or changing its purpose, for example by converting an unused factory complex into a condominium. Economic aspects In an economic context, land development is also sometimes advertised as land improvement or land amelioration. It refers to investment making land more usable by humans. For accounting purposes it refers to any variety of projects that increase the value of the process . Most are depreciable, but some land improvements are not able to be depreciated because a useful life cannot be determined. Home building and containment are two of the most common and the oldest types of development. In an urban context, land development furthermore includes: * Road construction ** Access ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Albuquerque, New Mexico
Albuquerque ( ; ), ; kee, Arawageeki; tow, Vakêêke; zun, Alo:ke:k'ya; apj, Gołgéeki'yé. abbreviated ABQ, is the most populous city in the U.S. state of New Mexico. Its nicknames, The Duke City and Burque, both reference its founding in 1706 as ''La Villa de Alburquerque'' by Nuevo México governor Francisco Cuervo y Valdés''.'' Named in honor of the Viceroy of New Spain, the Francisco Fernández de la Cueva, 10th Duke of Alburquerque, 10th Duke of Alburquerque, the city was Old Town Albuquerque, an outpost on Camino Real de Tierra Adentro, El Camino Real linking Mexico City to the northernmost territories of New Spain. Located in the Albuquerque Basin, the city is flanked by the Sandia Mountains to the east and the West Mesa to the west, with the Rio Grande and bosque flowing from north-to-south. According to the 2020 United States census, 2020 census, Albuquerque had 564,559 residents, making it the List of United States cities by population, 32nd-most populous city ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rio Rancho, New Mexico
Rio Rancho ( es, Río Rancho) is the most populous and only city in Sandoval County, New Mexico, Sandoval County, part of the expansive Albuquerque metropolitan area, in the U.S. state of New Mexico. A small portion of the city extends into northern Bernalillo County, New Mexico, Bernalillo County. It is the third-largest city in New Mexico, and one of the most rapidly growing. As of the 2010 United States Census, 2010 census, Rio Rancho had a population of 87,521. The name ''Rio Rancho'' derives from Los Ranchos de Albuquerque, ''Los Ranchos'', the Spanish colonial ranches established along the Rio Grande in the Albuquerque Basin, and throughout historic Santa Fe de Nuevo México, Nuevo México. There were large ranches also in neighboring Corrales, New Mexico, Corrales. Since the late 20th century, it has developed as a suburb of Albuquerque, New Mexico, Albuquerque. History The great majority of the territory of Rio Rancho was originally part of the Town of Alameda Grant, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amrep Corporation
AMREP Corporation is a real estate and media services company based in Princeton, New Jersey, in the United States, and was founded in 1961 as The American Realty and Petroleum Corporation. Subsidiaries AMREP operates its businesses through two subsidiaries, AMREP Southwest Inc. and Kable Media Services, Inc. Land development AMREP Southwest Inc. operates AMREP's land development division. Shortly after its incorporation, the company purchased of land just north of Albuquerque, New Mexico, dubbing the new town Rio Rancho, New Mexico. It planned to subdivide and resell it to retirees and out-of-state vacationers. Rio Rancho slowly grew to a population of 1,000 by 1970. In 1971, it purchased an additional adjacent to the original purchase. Initially, the company used an aggressive sales approach to reselling the land. They would buy potential customers dinner and show a short video entitled ''"Your Golden Future"'' displaying a picturesque retirement. However, the brunt of the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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