SITE Centers

SITE Centers Corp. Announces Tax Allocations of 2021 Dividend Distributions

Retrieved on: 
Wednesday, January 19, 2022

SITE Centers (NYSE: SITC), an owner of open-air shopping centers located in suburban, high household income communities, announced the tax allocations of 2021 distributions on its common shares and two series of preferred shares.

Key Points: 
  • SITE Centers (NYSE: SITC), an owner of open-air shopping centers located in suburban, high household income communities, announced the tax allocations of 2021 distributions on its common shares and two series of preferred shares.
  • For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2021 distributions.
  • The amounts indicated on Form 1099-DIV should be reported on shareholders 2021 federal income tax returns.
  • Please note that the January 7, 2021 common share distribution is included in the tax allocations for 2021 and the January 5, 2022 common share distribution will be included in the tax allocations for 2022.

SITE Centers Provides Fourth Quarter 2021 Operational Update

Retrieved on: 
Monday, January 10, 2022

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today provided a preliminary update on fourth quarter 2021 operations as part of presentations to certain investors at the Capital One Securities REIT Conference.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today provided a preliminary update on fourth quarter 2021 operations as part of presentations to certain investors at the Capital One Securities REIT Conference.
  • As of December 31, 2021, the Company reported a leased rate of 92.7% on a pro rata basis compared to 92.3% as of September 30, 2021.
  • Fourth quarter transaction activity had a negative 30 basis point impact on the leased rate.
  • SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities.

IRG Realty Advisors Names Senior Vice President, New Director of Property Management

Retrieved on: 
Thursday, December 2, 2021

RICHFIELD, Ohio, Dec. 2, 2021 /PRNewswire/ --IRG Realty Advisors, LLC (IRG RA), one of the largest third-party real estate services companies in Ohio, recently announced that Chris Monaco has been named Senior Vice President and Director of Property Management.

Key Points: 
  • RICHFIELD, Ohio, Dec. 2, 2021 /PRNewswire/ --IRG Realty Advisors, LLC (IRG RA), one of the largest third-party real estate services companies in Ohio, recently announced that Chris Monaco has been named Senior Vice President and Director of Property Management.
  • "With over 30 years in the real estate industry, Chris has extensive experience in asset management, property management, accounting, restructuring, and real estate division management," said Greg Hipp, President of IRG RA.
  • IRG Realty Advisors (IRG RA) is a full-service firm of more than 150 professionals with expertise in real estate development and management of complex, mixed-use projects.
  • The company's service lines include: Property & Asset Management, Transaction Management, Development Services, Project Management, Consulting and Facility Management.

SITE Centers Declares Fourth Quarter 2021 Class A Preferred Share Dividend

Retrieved on: 
Wednesday, December 1, 2021

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its fourth quarter 2021 Preferred Class A stock dividend of $0.39844 per depositary share.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its fourth quarter 2021 Preferred Class A stock dividend of $0.39844 per depositary share.
  • Each Class A depositary share is equal to one-twentieth of a share of SITE Centers 6.375% Class A Cumulative Redeemable Preferred Stock.
  • The declared Preferred Class A dividend covers the period beginning October 15, 2021 and ending January 14, 2022.
  • The declared Preferred Class A Dividend is payable in cash on January 17, 2022 to shareholders of record at the close of business on December 30, 2021.

SITE Centers Declares Common Stock Dividend of $0.12 for Fourth Quarter 2021

Retrieved on: 
Wednesday, November 3, 2021

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its fourth quarter 2021 common stock dividend of $0.12 per share.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its fourth quarter 2021 common stock dividend of $0.12 per share.
  • The common stock dividend is payable on January 5, 2022 to shareholders of record at the close of business on December 10, 2021.
  • SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities.
  • To be included in the Companys e-mail distributions for press releases and other investor news, please click here .

SITE Centers’ Third Quarter 2021 Earnings Conference Call to Be Held on Monday, October 25, 2021, at 8:00 a.m. Eastern Time

Retrieved on: 
Tuesday, October 12, 2021

The Company will host its quarterly earnings conference call and audio webcast on October 25, 2021, at 8:00 a.m. Eastern Time.

Key Points: 
  • The Company will host its quarterly earnings conference call and audio webcast on October 25, 2021, at 8:00 a.m. Eastern Time.
  • All interested parties can access the earnings call by dialing 888-317-6003 (U.S.), 866-284-3684 (Canada), or 412-317-6061 (international) using passcode 8760189.
  • The call will also be webcast and available in a listen-only mode on SITE Centers website at ir.sitecenters.com .
  • SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities.

Retail Value Inc. Announces Sale of Continental U.S. Property Portfolio and Declares Dividends on Series A Preferred Shares and Common Shares

Retrieved on: 
Friday, October 1, 2021

On October 1, 2021, Retail Value Inc. (NYSE: RVI) closed on the sale of the previously announced portfolio of five continental U.S. properties for $264 million prior to closing costs, prorations and other closing adjustments.

Key Points: 
  • On October 1, 2021, Retail Value Inc. (NYSE: RVI) closed on the sale of the previously announced portfolio of five continental U.S. properties for $264 million prior to closing costs, prorations and other closing adjustments.
  • Net proceeds from the transaction, as well as cash on hand, are expected to be utilized for cash dividends on the Companys Series A Preferred and Common Shares.
  • We are excited to complete this portfolio sale bringing our total gross proceeds from property sales since Retail Value Inc.s spin-off in July 2018 to $1.8 billion, commented David R. Lukes, President and Chief Executive Officer.
  • The continued successful execution of the Companys business plan puts RVI in a position to repay the amount currently owed to SITE Centers on its preferred investment and declare dividends to common shareholders.

SITE Centers Declares Common Stock Dividend of $0.12 for Third Quarter 2021

Retrieved on: 
Thursday, September 9, 2021

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its third quarter 2021 common stock dividend of $0.12 per share.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its third quarter 2021 common stock dividend of $0.12 per share.
  • The common stock dividend is payable on October 8, 2021 to shareholders of record at the close of business on September 24, 2021.
  • SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities.
  • For this purpose, any statements contained herein that are not historical fact may be deemed to be forward-looking statements.

SITE Centers Declares Third Quarter 2021 Class A Preferred Share Dividend

Retrieved on: 
Wednesday, September 1, 2021

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its third quarter 2021 Preferred Class A stock dividend of $0.39844 per depositary share.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its third quarter 2021 Preferred Class A stock dividend of $0.39844 per depositary share.
  • Each Class A depositary share is equal to one-twentieth of a share of SITE Centers 6.375% Class A Cumulative Redeemable Preferred Stock.
  • The declared Preferred Class A dividend covers the period beginning July 15, 2021 and ending October 14, 2021.
  • The declared Preferred Class A Dividend is payable in cash on October 15, 2021 to shareholders of record at the close of business on September 29, 2021.

SITE Centers to Present at the 2021 Nareit’s REITweek: Virtual Investor Conference

Retrieved on: 
Tuesday, June 1, 2021

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today announced that David Lukes, President, and Chief Executive Officer, is scheduled to make a presentation during Nareits REITweek: Virtual Investor Conference on Tuesday, June 8, 2021, at 8:00 a.m. Eastern Time.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today announced that David Lukes, President, and Chief Executive Officer, is scheduled to make a presentation during Nareits REITweek: Virtual Investor Conference on Tuesday, June 8, 2021, at 8:00 a.m. Eastern Time.
  • Investors may access the Companys live presentation or replay by registering for Nareits REITweek .
  • SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities.
  • Please click here to be included in the Companys e-mail distributions for press releases and other investor news.