Articles from SITE Centers Corp.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today announced the tax allocations of 2024 distributions on its common shares and preferred shares.

SITE Centers Corp. (NYSESITC) (the “Company” or “SITE Centers”) today provided additional information related to the spin-off and distribution of Curbline Properties Corp. NYSE: CURBNYSECURB)

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers primarily in suburban, high household income communities, announced today operating results for the quarter ended September 30, 2024.

SITE Centers Corp. (NYSESITC) announced today that it intends to release its third quarter earnings prior to the market open on October 30, 2024.

SITE Centers Corp. (NYSESITC) (the “Company” or “SITE Centers”) today announced that it has completed the previously announced spin-off of Curbline Properties Corp. (“Curbline”), which is now an independent, publicly traded company that will begin regular-way trading today on the New York Stock Exchange (“NYSE”) under the ticker symbol “CURB.” Curbline is an owner of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban, high household income communities. Curbline plans to elect to be treated as a real estate investment trust (“REIT”) for U.S. federal income tax purposes.

SITE Centers Corp. (NYSESITC) (the “Company” or “SITE Centers”), an owner of open-air shopping centers in suburban, high household income communities, today provided an update on transaction activity along with updated projected Curbline Properties Corp. (“Curbline”) balance sheet information.

SITE Centers Corp. (NYSESITC) (the “Company” or “SITE Centers”), an owner of open-air shopping centers in suburban, high household income communities, today announced that in anticipation of the planned spin-off of Curbline Properties Corp. (“Curbline” or “CURB”), Gary Boston, John Cattonar, and Cynthia Foster Curry have been appointed to the SITE Centers Board of Directors effective on the date immediately preceding the spin-off’s closing (with the closing currently expected to be October 1, 2024). Following these appointments and the expected resignation of the six current independent directors who will join the Curbline Board of Directors as outlined in CURB’s publicly filed Registration Statement on Form 10, the SITE Centers Board of Directors will have five members including David Lukes and Dawn Sweeney, who is expected to be named Chair of the Board.

SITE Centers Corp. (NYSESITC) (the “Company” or “SITE Centers”), an owner of open-air shopping centers in suburban, high household income communities, today provided an update on third quarter 2024 to date transaction and financing activity along with updated projected SITE Centers and Curbline Properties (“Curbline”) balance sheet information.

SITE Centers Corp. (NYSESITC) (the “Company” or “SITE Centers”) today announced that its Board of Directors has set record and distribution dates for the spin-off of its portfolio of convenience retail properties into a separate publicly traded company, which will be effected through the distribution of 100 percent of the shares of common stock of Curbline Properties Corp. (“Curbline”) to holders of SITE Centers common shares.

SITE Centers Corp. (NYSESITC) (the “Company” or “SITE Centers”) today announced that, in connection with the Company’s previously announced plan to spin-off its portfolio of convenience assets into a separate publicly traded company, on September 3, 2024, Curbline Properties Corp. (“Curbline”) publicly filed a Registration Statement on Form 10 (the “Form 10”) with the Securities and Exchange Commission (the “SEC”), which is available at www.sec.gov.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its third quarter 2024 Preferred Class A stock dividend of $0.39844 per depositary share.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today provided an update on third quarter 2024 to date transaction and financing activity.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended June 30, 2024.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended June 30, 2024 will be released prior to the market open on July 30, 2024. The Company will host its quarterly earnings conference call and audio webcast on July 30, 2024, at 8:00 a.m. Eastern Time.

SITE Centers Corp. (NYSESITC) (the “Company”) today announced that its Board of Directors has unanimously approved a one-for-four reverse stock split of the Company’s common shares. The reverse stock split was authorized by the Company’s shareholders at the annual meeting of shareholders held on May 8, 2024. As a result of the reverse stock split, every four of the Company’s issued common shares will be exchanged for one of the Company’s common shares. The Company’s shareholders will not receive fractional shares in connection with the reverse stock split but will receive cash in lieu of fractional shares. The Company currently anticipates that its common shares will begin trading on a split-adjusted basis on the New York Stock Exchange at the opening of trading on August 19, 2024.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today the release of its 2023 Corporate Sustainability Report (CSR) which is the Company’s tenth sustainability report and eighth completed in accordance with the Global Reporting Initiative (GRI) Standards. The report provides an annual update on SITE Centers’ corporate responsibility and sustainability programs and was completed in alignment with GRI, Sustainability Accounting Standards Board (SASB) metrics and the Task Force on Climate-Related Financial Disclosures (TCFD). The full report can be found at https://www.sitecenters.com/2023CSR.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that it has closed on the sale of a six-property portfolio to an affiliate of Pine Tree for a price of $495 million prior to closing pro-rations, allocations and credits. The sale excluded 93,607 square feet of gross leasable area at three properties retained by the Company and intended to be included in the expected spin-off of Curbline Properties.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today provided an update on second quarter 2024 transaction and financing activity in connection with presentations at NAREIT’s REITweek Investor Conference.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its second quarter 2024 Preferred Class A stock dividend of $0.39844 per depositary share.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a dividend on its common stock of $0.13 per share for the second quarter of 2024. The dividend is payable on July 9, 2024 to shareholders of record at the close of business on June 18, 2024.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2024.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended March 31, 2024 will be released prior to the market open on April 30, 2024. The Company will host its quarterly earnings conference call and audio webcast on April 30, 2024, at 8:00 a.m. Eastern Time.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its first quarter 2024 Preferred Class A stock dividend of $0.39844 per depositary share.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter and year ended December 31, 2023 and declared a dividend on its common stock for the first quarter of 2024.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended December 31, 2023 will be released prior to the market open on February 13, 2024. The Company will host its quarterly earnings conference call and audio webcast on February 13, 2024, at 8:00 a.m. Eastern Time.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today announced the tax allocations of 2023 distributions on its common shares and one series of preferred shares.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today provided an update on fourth quarter 2023 and first quarter to date 2024 transaction activity as part of presentations to certain investors in meetings hosted by Evercore ISI.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a cash special dividend of $0.16 per share resulting from 2023 transaction activity. The dividend is payable on January 12, 2024 to shareholders of record at the close of business on December 27, 2023.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its fourth quarter 2023 Preferred Class A stock dividend of $0.39844 per depositary share.

SITE Centers Corp. (the “Company” or “SITE Centers”) (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today announced that the Company’s Board of Directors has unanimously approved a plan to spin-off the Company’s Convenience assets into a separate publicly-traded REIT to be named Curbline Properties Corp. (“Curbline Properties” or “CURB”).

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended September 30, 2023.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended September 30, 2023 will be released prior to the market open on November 2, 2023. The Company will host its quarterly earnings conference call and audio webcast on November 2, 2023, at 8:00 a.m. Eastern Time.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a dividend on its common stock of $0.13 per share for the third quarter of 2023. The dividend is payable on October 12, 2023 to shareholders of record at the close of business on September 26, 2023.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its third quarter 2023 Preferred Class A stock dividend of $0.39844 per depositary share.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended June 30, 2023.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended June 30, 2023 will be released prior to the market open on July 25, 2023. The Company will host its quarterly earnings conference call and audio webcast on July 25, 2023, at 8:00 a.m. Eastern Time.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today the release of its 2022 Corporate Sustainability Report (CSR) which is the Company’s ninth sustainability report and seventh completed in accordance with the Global Reporting Initiative (GRI) Standards. The report provides an annual update on SITE Centers’ corporate responsibility & sustainability programs and was completed in alignment with GRI, Sustainability Accounting Standards Board (SASB) metrics and the Task Force on Climate-Related Financial Disclosures (TCFD). The full report can be found at https://www.sitecenters.com/2022CSR.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its second quarter 2023 Preferred Class A stock dividend of $0.39844 per depositary share.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a dividend on its common stock of $0.13 per share for the second quarter of 2023. The dividend is payable on July 6, 2023 to shareholders of record at the close of business on June 14, 2023.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2023.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended March 31, 2023 will be released prior to the market open on April 25, 2023. The Company will host its quarterly earnings conference call and audio webcast on April 25, 2023, at 8:00 a.m. Eastern Time.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its first quarter 2023 Preferred Class A stock dividend of $0.39844 per depositary share.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a dividend on its common stock of $0.13 per share for the first quarter of 2023. The dividend is payable on April 6, 2023 to shareholders of record at the close of business on March 17, 2023.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter and year ended December 31, 2022.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended December 31, 2022 will be released prior to the market open on February 8, 2023. The Company will host its quarterly earnings conference call and audio webcast on February 8, 2023, at 8:30 a.m. Eastern Time.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today announced the tax allocations of 2022 distributions on its common shares and one series of preferred shares.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today announced that the Company sold 4 shopping centers and 1 parcel at a wholly-owned shopping center for an aggregate price of $166.3 million ($157.8 million at share) in the fourth quarter of 2022. Net proceeds were used to repurchase $28.8 million of common stock at an average price of $13.33 per share, acquire 1 Convenience property for $5.8 million and repay the outstanding balance on the Company’s revolving credit facility. Subsequent to year end, the Company purchased 2 additional Convenience properties for an aggregate price of $26.1 million.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today announced that the Company’s Board of Directors authorized a new $100 million common stock repurchase program. Availability under the Company’s prior repurchase program was exhausted in December following fourth quarter repurchases of approximately $22.2 million funded with proceeds from wholly-owned property dispositions.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its fourth quarter 2022 Preferred Class A stock dividend of $0.39844 per depositary share.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a dividend on its common stock of $0.13 per share for the fourth quarter of 2022. The dividend is payable on January 6, 2023 to shareholders of record at the close of business on December 9, 2022.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended September 30, 2022.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended September 30, 2022 will be released prior to the market open on October 25, 2022. The Company will host its quarterly earnings conference call and audio webcast on October 25, 2022, at 8:30 a.m. Eastern Time.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a dividend on its common stock of $0.13 per share for the third quarter of 2022. The dividend is payable on October 7, 2022 to shareholders of record at the close of business on September 20, 2022.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its third quarter 2022 Preferred Class A stock dividend of $0.39844 per depositary share.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended June 30, 2022.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended June 30, 2022 will be released prior to the market open on July 28, 2022. The Company will host its quarterly earnings conference call and audio webcast on July 28, 2022, at 9:30 a.m. Eastern Time.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today the release of its 2021 Corporate Sustainability Report which is the Company’s eighth sustainability report and sixth completed in accordance with the Global Reporting Initiative (GRI) Standards. The report intends to provide updates on the annual results of SITE Centers’ corporate responsibility & sustainability programs, was completed in alignment with GRI and the Sustainability Accounting Standards Board (SASB) metrics and frameworks, and includes the Company’s initial implementation of the Task Force on Climate-Related Financial Disclosures (TCFD). The full report can be found at https://www.sitecenters.com/2021CSR.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that it has refinanced its unsecured revolving credit facility and extended its maturity. The company also refinanced its unsecured term loan and upsized the agreement to $200 million from $100 million, with the additional proceeds available via a delayed draw feature, and extended its maturity. As part of the refinancing, the underlying benchmark will transition to SOFR from LIBOR. The recast facilities also feature a sustainability-linked pricing component whereby the applicable interest rate margin can be reduced if the Company meets certain sustainability performance targets.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its second quarter 2022 Preferred Class A stock dividend of $0.39844 per depositary share.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a dividend on its common stock of $0.13 per share for the second quarter of 2022. The dividend is payable on July 6, 2022 to shareholders of record at the close of business on June 9, 2022.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers located in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2022.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended March 31, 2022 will be released prior to the market open on April 26, 2022. The Company will host its quarterly earnings conference call and audio webcast on April 26, 2022, at 8:00 a.m. Eastern Time.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a first quarter 2022 dividend on its common stock of $0.13 per share which represents an 8% increase from the fourth quarter 2021 dividend. The dividend is payable on April 7, 2022 to shareholders of record at the close of business on March 17, 2022.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers located in suburban, high household income communities, announced today operating results for the quarter and year ended December 31, 2021.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended December 31, 2021 will be released prior to the market open on February 9, 2022. The Company will host its quarterly earnings conference call and audio webcast on February 9, 2022, at 8:30 a.m. Eastern Time.

SITE Centers (NYSESITC), 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.

SITE Centers Corp. (NYSESITC), 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.

SITE Centers Corp. (NYSESITC), 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.

SITE Centers Corp. (NYSESITC), 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 Corp. (NYSESITC), an owner of open-air shopping centers located in suburban, high household income communities, announced today operating results for the quarter ended September 30, 2021.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended September 30, 2021 will be released prior to the market open on October 25, 2021. The Company will host its quarterly earnings conference call and audio webcast on October 25, 2021, at 8:00 a.m. Eastern Time.

SITE Centers Corp. (NYSESITC), 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 Corp. (NYSESITC), 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.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in affluent, suburban communities, announced today operating results for the quarter ended June 30, 2021.

SITE Centers Corp. (NYSESITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended June 30, 2021, will be released prior to the market open on July 29, 2021. The Company will host its quarterly earnings conference call and audio webcast on July 29, 2021, at 10:00 a.m. Eastern Time.