Website: N/A
Stock Symbol: AMEX: AFP
Market Value: N/A (in millions)
United Capital Corp., incorporated in 1980 in the State of Delaware, currently
has three industry segments:
1. Real Estate Investment and Management.
2. Hotel Operations.
3. Engineered Products.
The Company also invests excess available cash in marketable securities and
other financial instruments.
Description of Business
Real Estate Investment and Management
The Company is engaged in the business of investing in and managing real estate
properties and the making of high-yield, short-term loans secured by desirable
properties. Most real estate properties owned by the Company are leased under
net leases whereby the tenants are responsible for all expenses relating to the
leased premises, including taxes, utilities, insurance and maintenance. The
Company owns properties that it manages which are leased primarily as department
stores, shopping centers, restaurants and office buildings around the
country.