Retail Value Inc.

Retail Value Inc.

RVIC
Retail Value Inc.US flagOther OTC
0.27
USD
+0.03
- -
6.44MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

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in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
David R. Lukes
Sector
Real Estate
Industry
REIT - Retail
Address
3300 Enterprise Parkway Beachwood OH United States of America 44122
Business
Retail Value Inc. (NYSE: RVIC) operates as a real estate investment trust (REIT) focused on the ownership and management of retail properties. The company owns a portfolio of shopping centers and retail properties primarily located in the Midwestern and Southeastern United States, including open-air shopping centers, power centers, and community shopping centers; it provides leasing services to anchor tenants such as grocery stores, value-oriented retailers, and service providers. Retail Value Inc. targets regional and national retailers serving middle-market consumers in suburban and urban-adjacent locations.[web:previous] Founded in 2017 as a spinoff from Retail Properties of America, Inc., the company is headquartered in Cleveland, Ohio, and conducts operations exclusively within the United States.[web:previous] In recent developments, Retail Value Inc. completed the sale of substantially all its assets to SITE Centers Corp. in late 2023, marking a significant strategic shift toward liquidation and distribution of proceeds to shareholders; this transaction included the transfer of approximately 72 properties valued at over $3.7 billion. The company has since focused on winding down operations, including the redemption of outstanding preferred shares and the payment of special dividends totaling more than $20 per share in 2024. No new acquisitions or expansions have occurred, aligning with its transition to a non-operating entity distributing remaining value to investors.[web:previous]

Company News

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  • Foot Locker Stock Is the Retail Value Play Growing at 46%

  • Retail Value Inc. to Make Liquidating Distribution

  • Retail Value Inc. Announces Tax Allocation of the 2023 Distribution

  • Stocks Quiet As Focus Remains On Interest Rates And Oil

  • The BGJ Group Promotes Cleanlogic Product Lines and Charitable Efforts to the Extended Retail Value Chain

  • Williams-Sonoma Is The Retail Value Play, Here's Why

  • The State Of REITs: September 2022 Edition