{"schema_version":"secwatch.filing_event.v1","accession":"0001286043-25-000033","form_type":"8-K","ticker":"KRG","cik":"0001286043","company_name":"KITE REALTY GROUP TRUST","filed_at":"2025-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.838895+00:00","generated_at":"2026-05-23T03:30:46.455641+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Kite Realty Q1 net income up 67% to $23.7M; raises 2025 FFO guidance, acquires Legacy West for $785M","bullets":["Q1 net income $23.7M ($0.11/diluted) vs $14.2M ($0.06) YoY; Core FFO $0.53/share; Same Property NOI +3.1%.","Acquired Legacy West (Dallas) for $785M ($408M at 52% share) via JV with GIC; assumed $304M mortgage at 3.8%.","Raised 2025 Core FFO guidance to $2.00-$2.06 (from $1.98-$2.04); NAREIT FFO guidance to $2.04-$2.10.","Declared Q2 dividend $0.27/share, up 8% YoY; net debt/Adjusted EBITDA 4.7x at quarter end.","Leased 844k sq ft at 13.7% blended cash spreads; bankruptcies impacted retail lease rate by ~140 bps."],"urls":{"canonical":"https://secwatch.observer/filing/0001286043-25-000033","json":"https://secwatch.observer/filing/0001286043-25-000033.json","markdown":"https://secwatch.observer/filing/0001286043-25-000033.md","text":"https://secwatch.observer/filing/0001286043-25-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1286043/000128604325000033/0001286043-25-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1286043/000128604325000033/krg-20250429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T03:30:46.455641+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}