May 11, 2021
Business News

SITE Centers Reports First Quarter 2021 Operating Results

BEACHWOOD, Ohio–()–SITE Centers Corp. (NYSE: SITC) today announced operating results for the quarter ended March 31, 2021.

“We had an excellent start to the year with another robust quarter of leasing, over $200 million of growth capital raised and continued improvements in both rent collection and deferral repayment trends,” commented David R. Lukes, President and Chief Executive Officer. “Our focused portfolio in affluent communities is well positioned to benefit from the improving operating environment.”

Results for the Quarter

  • First quarter net income attributable to common shareholders was $10.9 million, or $0.05 per diluted share, as compared to net income of $29.2 million, or $0.15 per…

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