---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-268189"
form_type: "8-K"
ticker: "SITC"
cik: "0000894315"
company_name: "SITE Centers Corp."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:48:06.716826+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SITE Centers announces spin-off of convenience portfolio into Curbline Properties

## Summary
- Spin-off of 61 convenience properties into new publicly-traded REIT Curbline Properties (CURB); expected completion H2 2024.
- $646M of assets sold since June 30 at 6.5% cap rate; $242M additional under contract.
- $1.1B financing commitment from Apollo affiliates to repay all unsecured debt prior to spin-off.
- Q4 dividend declared $0.13/share; special cash dividend of at least $0.10/share expected before Jan 31, 2024.
- CURB to be led by David Lukes (CEO), Conor Fennerty (CFO), John Cattonar (CIO); net cash position at separation.

## SEC filing metadata
- accession: 0001193125-23-268189
- form_type: 8-K
- ticker: SITC
- cik: 0000894315
- company_name: SITE Centers Corp.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894315/000119312523268189/0001193125-23-268189-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894315/000119312523268189/d569481d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-268189
- JSON: https://secwatch.observer/filing/0001193125-23-268189.json
- Plain text: https://secwatch.observer/filing/0001193125-23-268189.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.