Login

RETAIL PROPERTIES OF AMERICA, INC.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2021 10-Q, filed Aug 4, 2021. Its latest SEC filing is a SC 13G/A from Feb 10, 2022.

The sections below describe the company as of the FY2020 annual report.

What Did They Do?

Owns and operates open-air shopping centers, including neighborhood and community centers, power centers, lifestyle centers and mixed-use retail properties, for retail tenants.

How Did They Make Money?

revenue

Who Were Their Customers?

Retailers lease space in the company's shopping centers; tenants operate stores and businesses that serve the surrounding communities.

Did Revenues Turn Into Profits?

Yes. It kept 16 cents of every revenue dollar as net income in .

Net income,
16% of revenue
▼ −69% vs ($251.5M, 47%)

How Were They Changing?

Since the FY2020 annual report
Latest quarter: Q2 FY2021, the three months to Jun 30, 2021
Net income
▲ Now profitable
vs −$7.3M in Q2 FY2020
  • Oct 22, 2021 Kite Realty completed its merger with Retail Properties of America. RPAI merged into a Kite Realty subsidiary, and its stock was converted into Kite Realty shares and delisted.

Shrank. Revenue fell 20% in 4 years, from $600.6M in to $482.5M in , about 5% a year.

More focused retail portfolio The latest report describes an open-air portfolio centered on retail properties, while the earlier report also included an office property in its operating portfolio.

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support