secwatch / observer

KITE REALTY GROUP TRUST — fact timeline

Source-grounded facts extracted from KITE REALTY GROUP TRUST's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

KRG KITE REALTY GROUP TRUST JSON
Earnings Releases

KITE REALTY GROUP TRUST reported first quarter ended March 31, 2026 results: net income $11.4 million, or $0.06 per diluted share, EPS $0.06 per diluted share. Guidance reaffirmed.

“net income attributable to common shareholders was $11.4 million, or $0.06 per diluted share”
Debt Financings

KITE REALTY GROUP TRUST amended term loan with KeyBank National Association at elimination of the 0.10% SOFR spread adjustment component of the interest rate a.

“The Fourth Amendment provides for certain pricing adjustments applicable to each of the Revolving Facility and the $300M Term Loan, including, among other things, (i) the elimination of the 0.10% SOFR spread adjustment for all loans and (ii) with respect to the $300M Term Loan, a decrease in the interest rate margin from a range of 1.15% to 2.20% to a range of 0.75% to 1.60%, in each case, with the applicable margin level determined according to the credit rating of the Operating Partnership.”
Debt Financings

KITE REALTY GROUP TRUST amended revolving credit with KeyBank National Association at elimination of the 0.10% SOFR spread adjustment for all loans.

“The Fourth Amendment provides for certain pricing adjustments applicable to each of the Revolving Facility and the $300M Term Loan, including, among other things, (i) the elimination of the 0.10% SOFR spread adjustment for all loans and (ii) with respect to the $300M Term Loan, a decrease in the interest rate margin from a range of 1.15% to 2.20% to a range of 0.75% to 1.60%, in each case, with the applicable margin level determined according to the credit rating of the Operating Partnership.”
Debt Financings

KITE REALTY GROUP TRUST incurred senior notes of $300 million with U.S. Bank Trust Company, National Association at 5.200% maturing August 15, 2032.

“completed the previously announced offering of $300 million aggregate principal amount of 5.200% Senior Notes due 2032”
Earnings Releases

KITE REALTY GROUP TRUST reported the first quarter ended March 31, 2024 results: net income net income attributable to common shareholders was $14.2 million, or $0.06 per diluted share. Guidance raised.

“For the quarters ended March 31, 2024 and 2023, net income attributable to common shareholders was $14.2 million, or $0.06 per diluted share, compared to $5.4 million, or $0.02 per diluted share, respectively.”
Earnings Releases

KITE REALTY GROUP TRUST reported 2024 results: net income $0.29 to $0.35 per diluted share, EPS $0.29 to $0.35 per diluted share. Guidance initiated.

“The Company expects to generate net income attributable to common shareholders of $0.29 to $0.35 per diluted share in 2024 and NAREIT FFO of $2.00 to $2.06 per diluted share, based, in part, on the following assumptions:”
Earnings Releases

KITE REALTY GROUP TRUST reported the year ended December 31, 2023 results: net income $47.5 million, or $0.22 per diluted share, EPS $0.22 per diluted share.

“For the years ended December 31, 2023 and 2022, net income attributable to common shareholders was $47.5 million, or $0.22 per diluted share, compared to a net loss of $12.6 million, or $0.06 per diluted share, respectively.”
Earnings Releases

KITE REALTY GROUP TRUST reported the quarter ended December 31, 2023 results: net income $8.0 million, or $0.04 per diluted share, EPS $0.04 per diluted share.

“For the quarters ended December 31, 2023 and 2022, net income attributable to common shareholders was $8.0 million, or $0.04 per diluted share, compared to a net loss of $1.1 million, or $0.01 per diluted share, respectively.”
Governance Changes

KITE REALTY GROUP TRUST: Amended and restated bylaws to implement universal proxy rules, update shareholder meeting procedures, and make other changes (effective 2023-11-08).

“On November 8, 2023, the Board of Trustees (the “Board”) of Kite Realty Group Trust (the “Company”) amended and restated the Company’s Second Amended and Restated Bylaws (as amended and restated, the “Third Amended and Restated Bylaws”), effective immediately”
Earnings Releases

KITE REALTY GROUP TRUST reported 2023 results: net income $0.19 to $0.23 per diluted share. Guidance raised.

“The Company is raising its 2023 NAREIT FFO guidance range to $1.99 to $2.03 per diluted share from $1.96 to $2.00 per diluted share”
Earnings Releases

KITE REALTY GROUP TRUST reported nine months ended September 30, 2023 results: net income $39.5 million, or $0.18 per diluted share, EPS $0.18 per diluted share. Guidance raised.

“For the nine months ended September 30, 2023 and 2022, net income attributable to common shareholders was $39.5 million, or $0.18 per diluted share, compared to a net loss of $11.5 million, or $0.05 per diluted share, respectively.”
Earnings Releases

KITE REALTY GROUP TRUST reported third quarter ended September 30, 2023 results: net income $2.1 million, or $0.01 per diluted share, EPS $0.01 per diluted share. Guidance raised.

“Kite Realty Group Trust Reports Third Quarter 2023 Operating Results”
Earnings Releases

KITE REALTY GROUP TRUST reported the six months ended June 30, 2023 results: net income net income attributable to common shareholders was $37.4 million, or $0.17 per diluted share. Guidance raised.

“For the six months ended June 30, 2023 and 2022, net income attributable to common shareholders was $37.4 million, or $0.17 per diluted share, compared to net loss of $3.7 million, or $0.02 per diluted share, respectively.”
Earnings Releases

KITE REALTY GROUP TRUST reported the second quarter ended June 30, 2023 results: net income net income attributable to common shareholders was $32.1 million, or $0.15 per diluted share. Guidance raised.

“Kite Realty Group Trust Reports Second Quarter 2023 Operating Results Indianapolis, Indiana, July 31, 2023 – Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the second quarter ended June 30, 2023. For the quarters ended June 30, 2023 and 2022, net income attributable to common shareholders was $32.1 million, or $0.15 per diluted share, compared to net income of $13.1 million, or $0.06 per diluted share, respectively.”
Shareholder Votes

KITE REALTY GROUP TRUST shareholders approved Ratification of the appointment of KPMG LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2023 at the 2023-05-10 meeting.

“shareholders voted to ratify the appointment of KPMG LLP to serve as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2023.”
Shareholder Votes

KITE REALTY GROUP TRUST shareholders approved Non-binding resolution regarding the frequency with which the shareholder advisory vote on executive compensation should be held at the 2023-05-10 meeting.

“shareholders voted on a non-binding resolution regarding the frequency with which the shareholder advisory vote on executive compensation should be held.”
Shareholder Votes

KITE REALTY GROUP TRUST shareholders approved Non-binding resolution to approve the compensation of the Company’s named executive officers at the 2023-05-10 meeting.

“shareholders voted on a non-binding resolution to approve the compensation of the Company’s named executive officers.”
Shareholder Votes

KITE REALTY GROUP TRUST shareholders approved Election of 13 nominees to the Board of Trustees for one-year terms expiring at the 2024 annual meeting at the 2023-05-10 meeting.

“On May 10, 2023, Kite Realty Group Trust (the “Company”) held its 2023 annual meeting of shareholders (the “Annual Meeting”). At the Annual Meeting, shareholders voted on the election of 13 nominees for the Company’s Board of Trustees to serve one-year terms expiring at the 2024 annual meeting of shareholders.”
Earnings Releases

KITE REALTY GROUP TRUST reported the quarter ended March 31, 2023 results: net income net income attributable to common shareholders was $5.4 million, or $0.02 per diluted share, EPS $0.02 per diluted share. Guidance raised.

“Kite Realty Group Trust Reports First Quarter 2023 Operating Results Indianapolis, Indiana, May 1, 2023 – Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the first quarter ended March 31, 2023. For the quarters ended March 31, 2023 and 2022, net income attributable to common shareholders was $5.4 million, or $0.02 per diluted share, compared to net loss of $16.8 million, or $0.08 per diluted share, respectively.”

Gerald M. Gorski departed as Independent Trustee at KITE REALTY GROUP TRUST.

“On March 19, 2023, Gerald M. Gorski, who has served as an independent trustee of the Company since the Company’s merger with Retail Properties of America, Inc. (“RPAI”) in October 2021, notified the Company that he does not intend to stand for re-election at the 2024 annual meeting.”

William E. Bindley departed as Lead Independent Trustee at KITE REALTY GROUP TRUST.

“William E. Bindley, who has served as lead independent trustee of Kite Realty Group Trust (the “Company”) since the Company’s initial public offering in 2004, notified the Company that he does not intend to stand for re-election at the 2024 annual meeting of shareholders (the “2024 annual meeting”).”
Earnings Releases

KITE REALTY GROUP TRUST reported 2023 results: net income net income attributable to common shareholders of $0.03 to $0.09 per diluted share in 2023. Guidance initiated.

“The Company expects to generate net income attributable to common shareholders of $0.03 to $0.09 per diluted share in 2023 and NAREIT FFO of $1.89 to $1.95 per diluted share in 2023”
Earnings Releases

KITE REALTY GROUP TRUST reported year ended December 31, 2022 results: net income net loss of $12.6 million, or $0.06 per diluted share.

“For the years ended December 31, 2022 and 2021, net loss attributable to common shareholders was $12.6 million, or $0.06 per diluted share”
Earnings Releases

KITE REALTY GROUP TRUST reported quarter ended December 31, 2022 results: net income net loss of $1.1 million, or $0.01 per diluted share.

“reported today its operating results for the fourth quarter and year ended December 31, 2022. For the quarters ended December 31, 2022 and 2021, net loss attributable to common shareholders was $1.1 million, or $0.01 per diluted share”
Earnings Releases

KITE REALTY GROUP TRUST updated its 2022 guidance (raised).

“The Company is raising its 2022 guidance for FFO, as adjusted, by five cents at the midpoint to $1.86 to $1.90 per diluted share from $1.80 to $1.86 per diluted share”
Earnings Releases

KITE REALTY GROUP TRUST reported the quarter ended September 30, 2022 results: net income Net loss attributable to common shareholders of $7.8 million, EPS $0.04 per diluted share.

“Net loss attributable to common shareholders of $7.8 million, or $0.04 per diluted share, compared to net loss of $7.0 million, or $0.08 per diluted share, for the quarters ended September 30, 2022 and 2021, respectively.”

Lee A. Daniels retired as trustee at KITE REALTY GROUP TRUST.

“Lee A. Daniels retired from the Kite Realty Board contingent and effective upon the occurrence of the Effective Time.”

Peter L. Lynch was appointed as trustee at KITE REALTY GROUP TRUST.

“Kite Realty increased in the size of the Kite Realty Board from 10 trustees to 13 trustees and appointed Bonnie S. Biumi, Gerald M. Gorski, Steven P. Grimes and Peter L. Lynch to fill such newly created vacancies.”

Steven P. Grimes was appointed as trustee at KITE REALTY GROUP TRUST.

“Kite Realty increased in the size of the Kite Realty Board from 10 trustees to 13 trustees and appointed Bonnie S. Biumi, Gerald M. Gorski, Steven P. Grimes and Peter L. Lynch to fill such newly created vacancies.”

Gerald M. Gorski was appointed as trustee at KITE REALTY GROUP TRUST.

“Kite Realty increased in the size of the Kite Realty Board from 10 trustees to 13 trustees and appointed Bonnie S. Biumi, Gerald M. Gorski, Steven P. Grimes and Peter L. Lynch to fill such newly created vacancies.”

Bonnie S. Biumi was appointed as trustee at KITE REALTY GROUP TRUST.

“Kite Realty increased in the size of the Kite Realty Board from 10 trustees to 13 trustees and appointed Bonnie S. Biumi, Gerald M. Gorski, Steven P. Grimes and Peter L. Lynch to fill such newly created vacancies.”

Lee A. Daniels departed as Trustee at KITE REALTY GROUP TRUST.

“Lee A. Daniels communicated to the Board his decision to retire from the Board contingent and effective upon the occurrence of the Effective Time.”

Peter L. Lynch was appointed as Trustee at KITE REALTY GROUP TRUST.

“appointed Ms. Biumi and Messrs. Grimes, Gorski, and Lynch to fill such newly created vacancies on the Board”

Steven P. Grimes was appointed as Trustee at KITE REALTY GROUP TRUST.

“appointed Ms. Biumi and Messrs. Grimes, Gorski, and Lynch to fill such newly created vacancies on the Board”

Gerald M. Gorski was appointed as Trustee at KITE REALTY GROUP TRUST.

“appointed Ms. Biumi and Messrs. Grimes, Gorski, and Lynch to fill such newly created vacancies on the Board”

Bonnie S. Biumi was appointed as Trustee at KITE REALTY GROUP TRUST.

“appointed Ms. Biumi and Messrs. Grimes, Gorski, and Lynch to fill such newly created vacancies on the Board”

Lee A. Daniels departed as Director at KITE REALTY GROUP TRUST.

“On July 18, 2021, Lee A. Daniels notified the Kite Board of his intention to retire from the Kite Board effective upon and subject to the closing of the Merger.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.