RVI News and Press, Retail Value Inc. From 03/10/21

Retail Value Inc. (NYSE: RVI) today announced operating results for the quarter ended December 31, 2020. Results for the Quarter and Recent Activity Fourth quarter net loss attributable to common shareholders was $9.5 million, or $0.48 per diluted share, as compared to net...

Retail REITs have been particularly hard-hit by the consequences of the COVID-19 pandemic. Although Retail Value Inc. is a fully retail REIT, it seems that its hit will be quite manageable. Occupancy is holding at acceptable levels, while adequate tenant diversification shields ca...

The breathtaking surge in GameStop - along with a swelling number of heavily-shorted stocks - has sent shockwaves through financial markets amid an ongoing battle between institutional and self-directed investors. Initially set into motion by a sharp vaccine-driven rally from many "CO...

Real estate earnings season kicks off this week with more than 175 equity REITs, 40 equity REITs, and dozens of housing industry companies reporting earnings over the next five weeks. While missed rents and dividend cuts were the prevailing themes in the REIT sector in mid-2020, the v...

Shopping Center REITs remain depressed in price from their prior highs. All of them have the potential to produce good to excellent total returns over the next few years. For some of them, good returns are already baked in and excellent returns will come from the return of their p...

On January 19, 2021, Retail Value Inc. (NYSE:RVI) announced the tax allocations of 2020 distributions on its common shares. The full amount of the distribution declared in 2020 will be allocated to the 2021 distribution requirement due to transactions that closed after the dividend ...

Retail Value (RVI) announces dividend of $1.16/share payable on January 12, 2021 will be paid with ~$2.1M in cash and ~1,255,000 common shares, after giving effect to the Puerto Rico withholding tax of 10%.Holders of ~1.9M shares elected to receive the distribution in 100% RVI common sha...

Retail Value (RVI) closes on the sale of Plaza Palma Real in Humacao, Puerto Rico, for $50.0M, before closing costs, prorations, and other closing adjustments.Net proceeds were used to repay mortgage debt associated with RVI.The transaction leaves RVI with interests in 11 properties in the co...

On December 22, 2020, Retail Value Inc. (NYSE:RVI) closed on the sale of Plaza Palma Real (Humacao, PR) for $50.0 million prior to closing costs, prorations and other closing adjustments. Net proceeds were used to repay mortgage debt associated with RVI. Subsequent to the transactio...

Retail Value Inc. (NYSE:RVI) closed on the sale of the Longhorn Steakhouse Pad at Peachstreet Marketplace (Erie, PA) for $2.1 million prior to closing costs, prorations and other closing adjustments. Ninety percent (90%) of net proceeds were used to repay mortgage debt with the remainin...