Forest City Enterprises, Inc. Earnings Conference Call (Q4 2007)  Today's Calls

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Call Details Forest City Enterprises, Inc. Earnings Conference Call (Q4 2007) Wed, Apr 2, 2008, 1:00 pm Eastern Listen to the archived event audio About Forest City Enterprises, Inc. (NYSE:FCE-A) Forest City Enterprises, Inc. engages in the ownership, development, management, and acquisition of commercial and residential real estate properties in the United States. It operates primarily through three segments: Commercial Group, Residential Group, and Land Development Group. The Commercial Group owns, develops, acquires, and operates regional malls, specialty/urban retail centers, office and life science buildings, hotels, and mixed-use projects. As of January 31, 2007, it owned interests in 90 projects, including 43 retail properties, 41 office properties, and 6 hotels. The Residential Group owns, develops, acquires, and operates residential rental properties, including upscale and middle-market apartments, adaptive re-use developments, and supported-living communities. This group also owns, develops, and manages military family housing, as well as develops for-sale condominium projects. As of the above date, the group’s portfolio consisted of 32,189 units in 118 properties in which the company has an ownership interest, as well as owned a residual interest in and managed 10 properties containing 1,765 units of syndicated senior citizen subsidized housing. The Land Development Group acquires and sells land and developed lots to residential, commercial, and industrial customers. It also owns and develops land into master-planned communities and mixed-use projects. As of the above date, it owned approximately 12,090 acres of undeveloped land for commercial and residential development purposes; and had an option to purchase 1,661 acres of developable land at Stapleton project in Denver, Colorado, as well as 6,580 acres of developable land at its Mesa del Sol project in Albuquerque, New Mexico. The company’s assets are primarily located in New York City / Philadelphia metropolitan area, Denver, Boston, Greater Washington D.C. / Baltimore metropolitan area, Chicago, and California. Forest City was founded in 1920 and is headquartered in Cleveland, Ohio. More Info: Quote | Chart | Profile | Reports | Msgs | Financials | Analyst Ratings