The group's principal activity is to conduct real estate operations in Arizona, Florida, Georgia, New Jersey and Texas. The group's properties consist of apartment complexes as well as commercial and retail properties. The group had interests in crude oil and natural gas exploration. Crude oil and natural gas are sold to oil refineries and natural gas pipeline companies. The group also has a portfolio of equity securities. In Jun 2003, the group decided to discontinue its oil and gas operations.
