Partnerships
Our experience managing assets in markets throughout the United States, combined with the strength of our national operations team, has made us a partner of choice for many institutional investors.
Partnerships Contact
Conor Fennerty
Executive Vice President, Chief Financial Officer & Treasurer
646-868-4750
19
Retail Properties
$922M
Assets Under Management
Dividend Trust Portfolio
10 Assets, 3.4 Million Square Feet
The Dividend Trust Portfolio (DTP) was formed in 2018 between SITE Centers (20%) and two large Chinese institutional investors (80%). It is designed to provide stable income from ten high quality, primarily semi-regional discount oriented assets in major US metropolitan areas including Charleston, SC, Phoenix, AZ, Raleigh, NC, St. Louis, MO, Union, NJ, and Wilmington, NC.
DDRM Properties Fund
8 Assets, 1.3 Million Square Feet
The DDRM venture was originated in 2007 in conjunction with SITE Centers' acquisition of Inland Real Estate Trust and was recapitalized with Madison International in 2017. It consists of investment primarily in high quality grocery anchored shopping centers located mainly in the Southeastern US.
Retail Value Inc.
50 Assets, 16.4 Million Square Feet
SITE Centers served as the sole external manager of Retail Value Inc. (RVI), a separately traded public company that was spun-out of SITE Centers in July 2018. RVI’s portfolio consisted of discount-oriented retail centers throughout the Continental US and Puerto Rico. The last property was sold out of the Company in April 2022. From the time of the spin in 2018 until the sale of the last asset in April 2022, SITE Centers lead property management, asset management, dispositions and all corporate functions including reporting, investor relations, and capital markets services.
