| | Business Summary | | Developers
Diversified
Realty
Corporation,
a
self-administered
and
self-managed
real
estate
investment
trust,
is
in
the
business
of
acquiring,
developing,
redeveloping,
owning,
leasing
and
managing
shopping
centers
and
business
centers.
The
Company's
portfolio,
as
of
March
15,
2001,
not
including
those
properties
owned
through
its
minority
equity
investments,
consisted
of
192
shopping
centers
and
one
business
center
(including
54
properties
that
were
owned
through
joint
ventures)
and
approximately
107
undeveloped
acres
(of
which
approximately
six
acres
were
owned
through
joint
ventures).
The
Company's
shopping
centers
were
approximately
95.7%
leased
as
of
December
31,
2000. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Developers
Diversified
Realty
is
a
real
estate
investment
trust
(REIT)
engaged
in
the
business
of
acquiring,
developing,
redeveloping,
owning,
leasing
and
managing
shopping
centers
and
business
centers.
For
the
six
months
ended
6/30/01,
total
revenues
rose
9%
to
$153.7
million.
Net
income
applicable
to
Common
fell
11%
to
$38.2
million.
Results
higher
rental
income
and
recoveries
from
tenants,
offset
by
reduced
gains
on
the
sale
of
real
estate. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Scott Wolstein, 47
Chairman
and CEO | $1.4M | David Jacobstein, 53
Pres,
COO, Director | 345K | James Schoff, 54
Vice
Chairman and CIO | 666K | Daniel Hurwitz, 35
Exec.
VP | 291K | William Schafer, 42
VP
and CFO | -- | | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/d/ddr.gif)