| Market Capitalization (Millions $) |
97 |
| Shares
Outstanding (Millions) |
8 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
3 |
| Cash Flow (TTM) (Millions $) |
-1 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Rpt Realty, also known as Retail Properties of America, Inc., is a leading real estate investment trust (REIT) based in Oak Brook, Illinois. The company specializes in owning and operating shopping centers across the United States, including open-air power centers, enclosed regional malls, and lifestyle centers. Rpt Realty invests in and manages a diverse portfolio of more than 100 retail properties that are primarily anchored by national and regional retailers.
Rpt Realty was founded in 2003 and was initially known as Inland Western Retail Real Estate Trust, Inc. In 2012, the company changed its name to Retail Properties of America, Inc. and became a publicly-traded REIT on the New York Stock Exchange. Through several strategic acquisitions and divestitures, Rpt Realty has grown its portfolio to approximately 23.5 million square feet of leasable space across 33 states.
The company's primary objective is to generate consistent cash flow through long-term leases with tenants and increase asset value through strategic management and development opportunities. Rpt Realty's tenants include a variety of national and regional retailers, such as Target, Walmart, Ross Dress for Less, TJ Maxx, Dick's Sporting Goods, and Best Buy, among others. The company's properties are strategically located in highly populated and economically diverse areas, making them attractive locations for retail tenants.
Rpt Realty's management team is highly experienced and skilled in the real estate industry, with years of experience in property acquisition, development, leasing, and management. The company has a strong track record of executing successful leasing strategies, identifying new development opportunities, and delivering value to shareholders.
In summary, Rpt Realty is a reputable REIT that specializes in owning and managing a diverse portfolio of retail properties across the United States. The company's strategy is to generate consistent cash flow through long-term leases with national and regional retailers, increase asset value through strategic management and development opportunities, and deliver value to shareholders.
Company Address: 799 Broadway New York 10003 NY
Company Phone Number: 868-5483 Stock Exchange / Ticker: NYSE RPT
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