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SITE Centers Corp. — Third Quarter 2026 Earnings Summary

SITE Centers Corp. reported a net loss of $5.4 million for the third quarter of 2026, driven by lower net operating income from property dispositions and offset by reduced interest and impairment expenses. The company sold seven properties, a land parcel, and interests in two joint ventures year-to-date for approximately $223.8 million, including the recent sale of The Maxwell in Chicago and the Dividend Trust Portfolio. In October, the company announced a special cash distribution of $3.00 per share and notified the New York Stock Exchange of its plan to voluntarily delist its common shares by December 4, 2026. Additionally, the company has agreed to sell The Blocks in Portland and is actively marketing its Beachwood headquarters for sale.

Company
SITE CENTERS CORP
Sector
Real Estate
Industry
REIT - Retail