Kimco Realty KIM has closed its earlier announced acquisition of RPT Realty (“RPT”) in an all-stock transaction, inclusive of the assumption of debt and preferred stock. The buyout adds to Kimco’s ...
Rithm Property Trust Inc.'s new Series C Fix/Float Cumulative Preferred Stock offers a 9.875% fixed dividend until 2030, then a floating rate based on SOFR. RPT-C is trading at $25.25 with a current ...
Kimco Realty is expanding its shopping center empire, acquiring another owner and operator of American shopping centers. The company announced an agreement Monday to acquire RPT Realty in an all-stock ...
JLL’s Chicago office has lost one of its top retail property sales brokers to New York-based investment firm RPT Realty. Amy Sands, who held the title of co-head of JLL’s retail investment advisory ...
Rithm Property Trust (RPT) preferred shares offer a high yield but face weak financial backing and ongoing negative earnings. RPT's recent strategy shift to commercial real estate has not yet shown ...