RPT Realty completes $123M of dispositions in 2018 [Seeking Alpha]
RPT Realty (RPT)
Last rpt realty earnings: 2/19 04:15 pm
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Source: Seeking Alpha
RPT Realty completes $123M of dispositions in 2018 RPT Realty (NYSE: completed six dispositions All disposed properties were in tertiary markets outside the top-90 national Metropolitan Statistical Areas; the sales are expected to improve RPT's NOI growth metrics. Proceeds were used to primarily reduce leverage and ended the year with no amounts outstanding under its revolving credit facility. Expects to complete its $150M-$200M disposition program by the end of Q2 2019.
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