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17.06.25 - 22:09
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SITE Centers Announces Two Closings and Special Common Distribution (Business Wire)
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BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) announced today the sale of The Promenade at Brentwood (Brentwood, MO) for $71.6 million and the sale of Chapel Hills West (Colorado Springs, CO) for $23.7 million, both prior to closing costs, prorations and other closing adjustments. A portion of net proceeds were used to repay $13.9 million of mortgage debt.
The Company's Board of Directors also declared a special cash distribution on its common shares of $1.50 per common share payable on July 15, 2025 to shareholders of record at the close of business on June 30, 2025.
About SITE Centers Corp.
SITE Centers is an owner and manager of open-air shopping centers located primarily in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters....
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30.04.25 - 22:09
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SITE Centers′ First Quarter 2025 Earnings to be Released Wednesday, May 7, 2025 (Business Wire)
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BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), announced today that it intends to release its first quarter earnings after market close on Wednesday, May 7, 2025.
About SITE Centers Corp.
SITE Centers is an owner and manager of open-air shopping centers primarily located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the NYSE under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company's e-mail distributions for press releases and other investor news, please click here.
Contacts
For additional information:
Gerry Morgan, EVP and
Chief Financial Officer
216-755-5500...
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27.02.25 - 12:33
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SITE Centers Reports Fourth Quarter 2024 Results (Business Wire)
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BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers located primarily in suburban, high household income communities, announced today operating results for the quarter ended December 31, 2024.
"SITE Centers furthered the Company's goal of recognizing value for stakeholders in the fourth quarter by continuing the simplification of its capital structure through the redemption of the remaining $175 million of outstanding preferred shares. The Company's commenced rate increased through new tenant store openings in an environment of strong leasing demand, and we intend to capitalize where we view strong private market interest in purchasing high quality assets by marketing a subset of shopping centers for sale,” commented David R. Lukes, President and Chief Executive Officer. “Going forward, SITE Centers intends to maximize value through continued leasing, asset management and potential additional asset sales.”
Results for the Fourth Quarter
Fou...
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03.02.25 - 22:06
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SITE Centers′ Fourth Quarter 2024 Earnings to Be Released Thursday, February 27, 2025 (Business Wire)
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BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), announced today that it intends to release its fourth quarter earnings prior to the market open on February 27, 2025.
About SITE Centers Corp.
SITE Centers is an owner and manager of open-air shopping centers primarily located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the NYSE under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company's e-mail distributions for press releases and other investor news, please click here. Contacts
SITE Centers Corp.
3300 Enterprise Parkway
Beachwood, OH 44122
216-755-5500
For additional information:
Gerry Morgan, EVP and Chief Financial Officer...
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29.01.25 - 22:06
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SITE Centers Announces Tax Allocations of 2024 Dividend Distributions (Business Wire)
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BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), 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.
For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2024 distributions, including the spin-off of Curbline Properties Corp. (NYSE: CURB). The amounts indicated on Form 1099-DIV should be reported on shareholders' 2024 federal income tax returns. The schedule below, presented in dollars on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.
Common Shares (NYSE: SITC)
Period
CUSIP
Record
Date
Payable
Date
Ordinary
Dividends
Total
Capital
Gain
Distribution
Return of
Capital
Total
Distributions
Section
199A
Dividends
Unrecaptured
Sec. 1250
Gain
4Q23
82981J851
12/11/2023
01/05/2024
$0.000000
$0.037501
$0.092499
$ 0.130000
$0.000000
$0...
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