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. (NYSE: SITC) is a self-administered and self-managed REIT that owns and manages open-air shopping centers. The company’s news flow in recent periods has been dominated by announcements related to property sales, special distributions, and its broader plan to sell remaining assets and wind up its business. Investors following SITC news can track how the company executes on this disposition strategy and how proceeds are allocated between debt repayment and shareholder distributions.
Recent SITE Centers news releases highlight the sale of multiple retail properties across several U.S. markets, including assets such as Winter Garden Village, East Hanover Plaza, Southmont Plaza, Stow Community Center, Nassau Park Pavilion, Paradise Village Gateway, Parker Pavilions, Downtown Short Pump and Perimeter Pointe. Many of these announcements specify sale prices, closing conditions and the use of proceeds to repay mortgage indebtedness or other loan facilities. Other news items describe special cash distributions on the company’s common shares, reflecting the return of capital generated by these transactions.
In addition to individual property transactions, SITE Centers issues quarterly earnings and operating updates that summarize disposition activity, leasing performance and key financial metrics such as net income, Operating Funds From Operations (Operating FFO) and Net Operating Income (NOI). These releases also discuss the impact of the spin-off of Curbline Properties and the classification of those assets as discontinued operations in prior periods.
For investors and analysts, the SITC news page provides a centralized view of SITE Centers’ progress in selling its open-air shopping centers, managing its capital structure and advancing its stated wind-up plan. Regularly reviewing these updates can help market participants understand the timing and scale of property sales, changes in the remaining portfolio and the pattern of special distributions to shareholders.
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.
SITE Centers (NYSE:SITC), an owner of open-air shopping centers, reported Q2 2025 financial results with net income of $46.5 million ($0.88 per diluted share), down from $235.5 million ($4.45 per diluted share) in Q2 2024. Operating FFO decreased to $8.3 million ($0.16 per diluted share) from $55.9 million ($1.06 per diluted share) year-over-year.
The company has been actively selling properties, completing five property sales for $319.0 million and has over $190 million in properties under contract. Notable sales include Winter Garden Village for $165.0 million and Sandy Plains Village for $25.0 million. The company declared aggregate dividends of $4.75 per share, including a special distribution of $3.25 announced on August 1, 2025.
Property performance metrics show a leased rate of 88.1% as of June 30, 2025, down from 91.8% year-over-year, while the commenced rate decreased to 87.5% from 90.6%.
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 (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.
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