BNP Residential Properties, Inc. - BNP- Profile

BNP Residential Properties, Inc.. The Group's principal activities are to operate and manage apartment communities. It is a self-managed and self-administered real estate investment trust. The Group operates and manages 30 apartment communities in the states of North Carolina, South Carolina and Virginia. The Group owns and manages 30 apartment communities containing 7,946 apartment units. The Group also owns 40 restaurant properties that are leased to Boddie-Noell Enterprises, Inc, which operates them as Hardee's restaurants. The concept has been franchised from Hardee's Food Systems Inc. In October 2005, the Group discontinued the operations of Savannah Shores Apartments. On 26-Jan-2005, the Group acquired Boddie Investment Company. A self-managed real estate investment trust that owns and operates apartment communities in North Carolina and Virginia