secwatch.observer — SEC 8-K summary
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Issuer:     SITE Centers Corp. (SITC)
CIK:        0000894315
Form:       8-K
Filed at:   2025-11-24T23:59:59+00:00
Accession:  0001193125-25-293669
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

SITE Centers closes $263.6M sale of four shopping centers; repays $143.6M in mortgages
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- Sold East Hanover Plaza, Southmont Plaza, and Stow Community Center to Haverford Retail Partners for $126.0M cash.
- Sold Nassau Park Pavilion (Princeton, NJ) to B33 Nassau Park Pavilion III LLC for $137.6M cash.
- Applied $38.2M of proceeds to repay mortgage on the three properties; $98.4M plus $7.0M make-whole repaid on Nassau Park loan.
- Total cash proceeds of approximately $263.6M, with $143.6M used for mortgage repayments and make-whole.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894315/000119312525293669/0001193125-25-293669-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894315/000119312525293669/sitc-20251121.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-293669

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