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home / news releases / SITC - Cedar Realty Trust: A Fair Price For A Mediocre Business Realized Thanks To Wheeler Real Estate Investment Trust


SITC - Cedar Realty Trust: A Fair Price For A Mediocre Business Realized Thanks To Wheeler Real Estate Investment Trust

  • The management team at Cedar Realty Trust announced plans to sell off assets, with the entity itself going to Wheeler Real Estate Investment Trust.
  • Though the trading multiple on the deal may look low to some, it's likely a fair deal when you factor in leverage and Cedar's recent financial history.
  • Overall, investors should feel content with the transaction and should find this opportunity to look elsewhere for solid prospects.

For further details see:

Cedar Realty Trust: A Fair Price For A Mediocre Business Realized Thanks To Wheeler Real Estate Investment Trust
Stock Information

Company Name: SITE Centers Corp.
Stock Symbol: SITC
Market: NYSE
Website: sitecenters.com

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