FFP Partners L.P. (the Partnership or the company), a Delaware limited partnership, whose sole general partner is FFP Real Estate Trust. FFP Real Estate Trust, a Texas real estate investment trust, has served as the Partnership's sole general partner. FFP Real Estate Trust is wholly owned by FFP Partners Management Company, Inc. (FFPMC). The real estate (comprised of land and buildings) retained by the Partnership in the December 1997 restructuring was then contributed at that time to FFP Properties, L.P. (FFP Properties), a Texas limited partnership formed at that time, in exchange for the general partnership interest in FFP Properties. In the December 1997 restructuring, all of the Partnership's non-real estate operating activities were transferred to FFP Marketing. Since that time, the business of the Partnership has been the ownership and rental of real estate through its general partnership interest in FFP Properties. On December 17, 2001, FFP Properties acquired a 50% limited partnership interest in Brookside Villas, Ltd. Villas (Brookside Villas), a newly formed Texas real estate limited partnership. Brookside Villas was formed to purchase 35 developed lots on five acres, more or less, in Austin, Texas and to build and sell single-family homes on those lots. On December 17, 2001, Brookside Villas purchased that land and began its marketing activities there. At March 20, 2002, Brookside Villas had entered into contracts to build and sell its first four houses on that land. History FFP Partners L.P. was founded in 1986.
ffp partners -lp-cl a (XXFPL:OTC US)
2801 Glenda Avenue
Fort Worth, TX 76117
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