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Company Profile & Recommendation

Company Profile

American Land Lease- (ANL)-engages in the ownership, development, expansion, management, financing and refinancing, acquisition, and disposition of residential land lease communities in the United States. It owns home sites that are leased to owners of homes situated on the leased land, and owns various amenities provided for common use by the homeowners. As of December 31, 2007, the company held interests as owner in 30 residential land lease communities that include a recreational vehicle park with an approximate total of 7,984 operational home sites; 1,370 developed home sites; 1,191 undeveloped home sites; and 129 recreational vehicle sites. As a REIT, capital gains are accounted for differently, so please consult with a tax advisor. American Land Lease, Inc. was founded in 1986 and is based in Clearwater, Florida.

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