#25. Alexander Otto Buys $16M of DDR CORP latest buy: 06/23/2015
During the last six months, Otto bet big on DDR:
DDR is a real estate investment trust. Co. owns, develops, redevelops, expands, leases and manages shopping centers. Co. also engages in the origination and acquisition of loans and debt securities, which are collateralized by shopping centers. As of Dec 31 2014, Co.'s portfolio consisted of 415 shopping centers in which it had an economic interest. These properties consist of shopping centers and enclosed malls owned in the U.S. and Puerto Rico. At Dec 31 2014, Co. owned and managed more than 118.0 million total square feet of gross leasable area. Co. also owns more than 1,100 acres of undeveloped land, including interests in land.
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