Welcome to our dedicated page for Site Ctrs news (Ticker: SITC), a resource for investors and traders seeking the latest updates and insights on Site Ctrs stock.
SITE Centers Corp (SITC) is a self-managed retail REIT specializing in strategically located shopping centers across prime U.S. markets. This page serves as the definitive source for all official company updates and market-moving developments.
Investors and analysts will find timely access to earnings reports, property acquisitions, and redevelopment initiatives that shape SITC's portfolio strategy. Our curated news collection provides essential context on lease agreements, operational milestones, and management commentary critical for informed decision-making.
All content undergoes rigorous verification to ensure accuracy, with updates on:
• Quarterly financial performance
• Strategic property transactions
• Tenant mix enhancements
• Capital allocation decisions
Bookmark this page for direct access to SITC's evolving retail real estate strategy, with new updates added as company releases become available.
SITE Centers (NYSE: SITC) announced the sale of Downtown Short Pump in Richmond, VA for approximately $31.5 million, reported prior to closing costs, prorations and other closing adjustments.
The company said a portion of net proceeds was used to repay approximately $20.1 million of mortgage debt, reducing secured liabilities on the asset.
SITE Centers (NYSE: SITC) provided an update on disposition activity and a go-forward plan to monetize its retail portfolio.
The company has sold $3.7 billion of assets since the 2023 spin-off announcement, representing 64 retail properties and one land parcel, and has declared over $380 million of special dividend distributions (~$7.39 per share). Shares of distributed Curbline Properties have outperformed the FTSE NAREIT Shopping Center Index by > 1,550 basis points.
As of Dec 4, 2025, SITE owns 11 wholly-owned and holds interests in 11 JV properties; remaining properties are being marketed subject to market conditions. The board expects further distributions, may voluntarily delist before forced delisting, and anticipates filing for dissolution after monetization, starting a five-year wind-up.
SITE Centers (NYSE: SITC) announced a $1.00 per share special cash distribution payable on December 30, 2025 to shareholders of record at the close of business on December 15, 2025. The company also said it will use approximately $84.1 million of cash on hand to repay in full a mortgage facility with affiliates of Atlas SP Partners, L.P. and Athene Annuity and Life Company.
The actions combine a one-time shareholder payout with a deliberate reduction of debt on the company balance sheet.
SITE Centers (NYSE: SITC) announced on November 21, 2025 the completion of previously announced sales of four retail properties.
The company sold East Hanover Plaza, Southmont Plaza, and Stow Community Center for approximately $126.0 million (subject to closing adjustments) and sold Nassau Park Pavilion for approximately $137.6 million in cash (subject to closing adjustments).
At closing, the company used about $38.2 million of proceeds to repay mortgage indebtedness for the first three assets, and applied about $98.4 million to fully repay the Nassau Park mortgage plus a $7.0 million make-whole premium.
SITE Centers (NYSE: SITC) announced the sale of Paradise Village Gateway in Phoenix, AZ for $28.5 million, before closing costs, prorations and other closing adjustments.
A portion of the net proceeds was used to repay $24.3 million of mortgage debt.
SITE Centers (NYSE: SITC) reported results for the quarter ended September 30, 2025. Q3 net loss was $6.2 million, or $0.13 per diluted share, versus prior-year net income of $320.2 million, or $6.07 per diluted share. Operating FFO was $5.6 million, or $0.11 per diluted share, versus $42.8 million, or $0.81 per diluted share a year earlier.
Year to date the company sold seven properties for $380.9 million, declared aggregate dividends of $5.75 per share, and has in excess of $292 million of properties under contract for sale. The company recorded $106.6 million of impairments and reported a pro rata leased rate of 87.6% at September 30, 2025.
SITE Centers (NYSE: SITC) announced on November 3, 2025 the sale of Parker Pavilions in Parker, Colorado for approximately $8.4 million, before closing costs, prorations and other closing adjustments.
A portion of net proceeds was used to repay approximately $6.1 million of mortgage debt.
SITE Centers (NYSE: SITC) announced it intends to release its third quarter 2025 earnings after market close on Wednesday, November 5, 2025.
The company provided the timing of the earnings release but did not include financial figures or details about an earnings call or webcast in the announcement.
SITE Centers (NYSE: SITC) announced a special cash distribution of $1.00 per common share. The distribution is payable on November 14, 2025 to shareholders of record at the close of business on October 31, 2025.
SITE Centers (NYSE:SITC) has announced the sale of Edgewater Towne Center in Edgewater, New Jersey for $53.5 million, excluding closing costs and adjustments. The mixed-use property comprises 76,000 square feet of retail space and 64 residential rental units. The transaction did not involve any mortgage debt repayment.
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