{"id":500655,"date":"2021-06-03T16:15:07","date_gmt":"2021-06-03T20:15:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/retail-value-inc-announces-sale-of-senorial-plaza\/"},"modified":"2021-06-03T16:15:07","modified_gmt":"2021-06-03T20:15:07","slug":"retail-value-inc-announces-sale-of-senorial-plaza","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/retail-value-inc-announces-sale-of-senorial-plaza\/","title":{"rendered":"Retail Value Inc. Announces Sale of Se\u00f1orial Plaza"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Retail Value Inc. Announces Sale of Se\u00f1orial Plaza<\/b><\/p>\n<p>BEACHWOOD, Ohio&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nOn June 3, 2021, Retail Value Inc. (NYSE: RVI) closed on the sale of Se\u00f1orial Plaza (Rio Piedras, PR) for $20.4 million prior to closing costs, prorations and other closing adjustments. Net proceeds were used to repay mortgage debt associated with RVI.\n<\/p>\n<p>\nSubsequent to the transaction, RVI owns interests in 8 properties located in the continental U.S. and 9 properties in Puerto Rico.\n<\/p>\n<p><b>About RVI <\/b><\/p>\n<p>\nRVI is an independent publicly traded company trading under the ticker symbol \u201cRVI\u201d on the New York Stock Exchange. RVI holds assets in the continental U.S. and Puerto Rico and is managed by one or more subsidiaries of SITE Centers Corp. RVI focuses on realizing value in its business through operations and sales of its assets. Additional information about RVI is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.retailvalueinc.com&amp;esheet=52440224&amp;newsitemid=20210603005977&amp;lan=en-US&amp;anchor=www.retailvalueinc.com&amp;index=1&amp;md5=30ec9f0831ba5c020f65d1792595ad28\">www.retailvalueinc.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210603005977r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210603005977\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210603005977\/en\/<\/a><\/span><\/p>\n<p>\nChrista Vesy, EVP and Chief Financial Officer<br \/>\n<br \/>216-755-5500\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Ohio<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Commercial Building &amp; Real Estate Construction &amp; Property Other Retail<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210603005977\/en\/665616\/3\/RVI_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Retail Value Inc. Announces Sale of Se\u00f1orial Plaza BEACHWOOD, Ohio&#8211;(BUSINESS WIRE)&#8211; On June 3, 2021, Retail Value Inc. (NYSE: RVI) closed on the sale of Se\u00f1orial Plaza (Rio Piedras, PR) for $20.4 million prior to closing costs, prorations and other closing adjustments. Net proceeds were used to repay mortgage debt associated with RVI. Subsequent to the transaction, RVI owns interests in 8 properties located in the continental U.S. and 9 properties in Puerto Rico. About RVI RVI is an independent publicly traded company trading under the ticker symbol \u201cRVI\u201d on the New York Stock Exchange. RVI holds assets in the continental U.S. and Puerto Rico and is managed by one or more subsidiaries of SITE Centers Corp. RVI focuses on &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/retail-value-inc-announces-sale-of-senorial-plaza\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Retail Value Inc. Announces Sale of Se\u00f1orial Plaza&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-500655","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Retail Value Inc. Announces Sale of Se\u00f1orial Plaza - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/retail-value-inc-announces-sale-of-senorial-plaza\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retail Value Inc. Announces Sale of Se\u00f1orial Plaza - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Retail Value Inc. Announces Sale of Se\u00f1orial Plaza BEACHWOOD, Ohio&#8211;(BUSINESS WIRE)&#8211; On June 3, 2021, Retail Value Inc. (NYSE: RVI) closed on the sale of Se\u00f1orial Plaza (Rio Piedras, PR) for $20.4 million prior to closing costs, prorations and other closing adjustments. Net proceeds were used to repay mortgage debt associated with RVI. Subsequent to the transaction, RVI owns interests in 8 properties located in the continental U.S. and 9 properties in Puerto Rico. About RVI RVI is an independent publicly traded company trading under the ticker symbol \u201cRVI\u201d on the New York Stock Exchange. RVI holds assets in the continental U.S. and Puerto Rico and is managed by one or more subsidiaries of SITE Centers Corp. RVI focuses on &hellip; Continue reading &quot;Retail Value Inc. 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