SITE Centers Announces Sales of Four Properties
SITE Centers Corp. (SITC)
Last site centers corp. earnings: 4/30 06:30 am
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Source: Business Wire
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) announced today completion of the previously announced sale of East Hanover Plaza (East Hanover, NJ), Southmont Plaza (Easton, PA) and Stow Community Center (Stow, OH) for approximately $126.0 million, subject to adjustment for certain closing pro-rations, allocations and credits. At closing, approximately $38.2 million of sale proceeds were used to repay mortgage indebtedness.The Company also announced today completion of the previously announced sale of Nassau Park Pavilion (Princeton, New Jersey) for approximately $137.6 million in cash, subject to adjustment for certain closing pro-rations, allocations and credits. At closing, the Company applied approximately $98.4 million of sale proceeds to the full repayment of a mortgage loan secured by the property and paid a related make-whole premium of approximately $7.0 million.About SITE Centers Corp.SITE Centers is an owner and manager of open-air shopping centers. T
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SITC
News
- How the Narrative Surrounding SITE Centers Is Shifting Amid Portfolio Sales and Capital Returns [Yahoo! Finance]Yahoo! Finance
- SITE Centers Provides Update on Disposition Activity and Go Forward PlanBusiness Wire
- SITE Centers Announces Special Common Stock Distribution and Debt PayoffBusiness Wire
- SITE Centers sells Arizona property for $28.5M [Seeking Alpha]Seeking Alpha
- Looking at the Narrative for SITE Centers After Property Sales and Special Dividend Updates [Yahoo! Finance]Yahoo! Finance
SITC
Earnings
- 2/27/25 - Miss
SITC
Sec Filings
- 12/4/25 - Form 8-K
- 12/3/25 - Form SCHEDULE
- 11/24/25 - Form 8-K
- SITC's page on the SEC website