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SITE Centers (NYSE:SITC) has announced two significant property sales and a special dividend distribution. The company sold Winter Garden Village in Orlando for $165.0 million and Deer Valley Towne Center in Phoenix for $33.7 million. A portion of the proceeds was used to repay $22.3 million in mortgage debt.

The company's Board of Directors declared a special cash distribution of $3.25 per common share, payable on August 29, 2025, to shareholders of record as of August 15, 2025. Due to the size of the dividend, NYSE will implement "due bills" trading procedures during the dividend right period from August 15 through August 29, 2025.

SITE Centers (NYSE:SITC), a real estate investment trust, has scheduled its second quarter 2025 earnings release for Tuesday, August 5, 2025, after the market closes. The announcement will provide insights into the company's financial performance and operational results for Q2 2025.

SITE Centers (NYSE:SITC) has completed the sale of Sandy Plains Village, located in Roswell, Georgia, for $25.0 million. The company utilized $18.1 million of the net proceeds to pay down mortgage debt, demonstrating active portfolio management and debt reduction efforts.

SITE Centers Corp (NYSE: SITC) has announced two significant property sales and a special dividend distribution. The company sold The Promenade at Brentwood in Missouri for $71.6 million and Chapel Hills West in Colorado for $23.7 million. Part of the proceeds were used to pay off $13.9 million in mortgage debt. Additionally, SITC's Board of Directors declared a special cash distribution of $1.50 per common share, which will be paid on July 15, 2025, to shareholders of record as of June 30, 2025.

SITE Centers (NYSE: SITC) reported its Q1 2025 financial results, showing a net income of $3.1 million ($0.06 per diluted share), compared to a net loss of $26.3 million in Q1 2024. Operating FFO decreased to $8.3 million ($0.16 per diluted share) from $59.8 million year-over-year, primarily due to the Curbline Properties spin-off and property dispositions.

The company's leased rate declined to 89.8% as of March 31, 2025, from 91.1% in December 2024. During Q1, SITC executed 22 leases totaling 75,000 square feet with cash renewal spreads of 3.4%. The company currently has properties worth $95.3 million under contract for sale and an additional $350+ million in various stages of negotiations.

The company recorded $8.4 million in other property revenues from a Florida condemnation proceeding at Shoppes at Paradise Pointe.

SITE Centers Corp (NYSE: SITC) has announced its upcoming first quarter 2025 earnings release schedule. The company plans to disclose its Q1 2025 financial results after the market closes on Wednesday, May 7, 2025.

The Beachwood, Ohio-based company's announcement is a standard quarterly earnings release notification, providing investors and stakeholders with the timing of their financial performance disclosure.

SITE Centers (NYSE: SITC) reported its Q4 2024 financial results, marking a period of significant corporate restructuring. The company posted a net loss of $13.2 million ($0.25 per diluted share), compared to net income of $193.6 million ($3.69 per diluted share) in Q4 2023.

Key highlights include:

• Operating FFO of $8.3 million ($0.16 per diluted share), down from $54.0 million ($1.03 per diluted share) year-over-year
• Leased rate of 91.1% as of December 31, 2024
• Commenced rate increased to 90.6%
• Generated cash renewal leasing spreads of 10.6%

The company completed several strategic initiatives, including the redemption of $175 million in preferred shares and the spin-off of Curbline Properties (NYSE: CURB) on October 1, 2024, which included 79 convenience properties and $800 million in cash distribution.

SITE Centers Corp. (NYSE: SITC) has announced its schedule for fourth quarter 2024 earnings release. The company will publish its financial results before the market opens on February 27, 2025.

SITE Centers Corp. (NYSE: SITC) has released its tax allocations for 2024 dividend distributions for both common and preferred shares, including details of the Curbline Properties Corp. spin-off. For common shares, quarterly distributions were $0.13 per share, with each payment consisting of $0.0375 in capital gains and $0.0925 in return of capital. The Curbline Properties spin-off represented a significant distribution of $44.58 per share.

For Preferred Class A Depositary Shares, distributions totaled $1.3768 per share for the year, paid quarterly at $0.3984 for the first three quarters and $0.1815 for the final period. All preferred share distributions were classified as capital gains with no ordinary dividends or return of capital components.