Business Context and Reporting Period
Company: SITE Centers Corp.
Filing Type: Form 8-K (Current Report)
Report Date: August 01, 2025
Event Date: August 01, 2025
This filing reports the completion of a previously announced asset disposition by a subsidiary of SITE Centers Corp.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics for the reporting period. The only specific financial figure disclosed relates to the asset sale:
- Sale Proceeds: $165 million in cash (subject to adjustment for closing pro-rations, allocations, and credits).
Material Changes
Asset Disposition: On August 1, 2025, the company completed the sale of its interests in Winter Garden Village, located in Orlando, Florida. The buyer was RA2 – Winter Garden Village LLC.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, or discussion of risks and contingencies beyond the completion of the transaction. No unusual items were disclosed.
Investor Verification Checklist
- Verify the final adjusted sale price after pro-rations, allocations, and credits are applied to the $165 million base figure.
- Confirm the impact of the Winter Garden Village disposition on the company's total portfolio count and Net Operating Income (NOI).
- Review subsequent filings for details on the deployment of the $165 million cash proceeds.