RETAIL OPPORTUNITY INVESTMENTS CORP
roireit.netNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2024 10-Q, filed Oct 23, 2024. Its latest SEC filing is a 15-12G from Feb 24, 2025.
10-Q for Q3 FY2024, filed Oct 23, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Owns, leases and manages necessity-based neighborhood and community shopping centers anchored by supermarkets and drugstores for retailers serving local communities.
10-K for FY2023, filed Feb 15, 2024
How Did They Make Money?
Retail tenants pay rent under leases, and the company also receives payments reimbursing property expenses. Rent is generally paid over the lease term; rent increases scheduled in a lease are spread across that term.
$327.7M
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10-K for FY2023, filed Feb 16, 2024
$327.7M ↗
Who Were Their Customers?
Retailers selling everyday goods and services—including supermarket, drugstore, discount and local retailers—lease space in the company’s shopping centers.
10-K for FY2023, filed Feb 15, 2024The Company derives revenues primarily from rents and reimbursement payments received from tenants under leases at the Company’s…View ↗
Did Revenues Turn Into Profits?
Yes. It kept 11 cents of every revenue dollar as net income in FY2023.
10-K for FY2023, filed Feb 16, 2024
How Were They Changing?
- Net income
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Sources
10-Q for Q3 FY2024, filed Oct 23, 2024
$32.1MView ↗
- ▲ +281%
- vs $8.4M in Q3 FY2023
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Feb 12, 2025
Blackstone completed its acquisition of ROIC
Blackstone acquired ROIC in an all-cash transaction valued at approximately $4 billion, including debt.
Sources
8-K, filed Feb 12, 2025
Blackstone Real Estate Completes Privatization of Retail Opportunity Investments Corp. for $4 BillionView ↗
Grew. Revenue grew 11% in 4 years, from $295M in FY2019 to $327.7M in FY2023, about 3% a year.
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