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2021-11-03

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Retail Value Inc. Announces Contract to Sell Green Ridge Square

BEACHWOOD, Ohio, November 02, 2021--(BUSINESS WIRE)--On November 2, 2021, Retail Value Inc. (NYSE: R

Retail Value Inc. Announces Contract to Sell Green Ridge Square

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Announces Contract to Sell Green Ridge Square","url":"https://stock-news.laohu8.com/highlight/detail?id=2180736652","media":"Business Wire","summary":"BEACHWOOD, Ohio, November 02, 2021--(BUSINESS WIRE)--On November 2, 2021, Retail Value Inc. (NYSE: R","content":"<html><body><p><b>BEACHWOOD, Ohio, November 02, 2021</b>--(BUSINESS WIRE)--On November 2, 2021, <a href=\"https://laohu8.com/S/RVI\">Retail Value Inc.</a> (NYSE: RVI) announced that the general due diligence period had expired under an agreement to sell Green Ridge Square located in Grand Rapids, Michigan to a third party purchaser for $23.3 million in cash, subject to adjustment for certain closing pro-rations, allocations, credits, closing costs and escrows. Closing remains subject to customary conditions and is expected to occur by the end of 2021.</p>\n<p><b>About RVI</b></p>\n<p>RVI is an independent publicly traded company trading under the ticker symbol \"RVI\" on the New York Stock Exchange. RVI holds three assets in the continental U.S. and is managed by <a href=\"https://laohu8.com/S/AONE.U\">one</a> or more subsidiaries of <a href=\"https://laohu8.com/S/SITC\">SITE Centers Corp.</a> RVI focuses on realizing value in its business through operations and sales of its assets. Additional information about RVI is available at www.retailvalueinc.com.</p>\n<p><b>Safe Harbor</b></p>\n<p>The Company considers information in this press release that relates to expectations for future periods to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. For this purpose, any statements contained herein that are not historical fact may be deemed to be forward-looking statements. 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The Company undertakes no obligation to revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.</p>\n<p><span>View source version on businesswire.com: </span><span>https://www.businesswire.com/news/home/20211102006154/en/</span></p>\n<p><b>Contacts</b></p>\n<p>Christa Vesy<br/>EVP and Chief Financial Officer<br/>216-755-5500</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Retail Value Inc. 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Announces Contract to Sell Green Ridge Square\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-03 04:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/retail-value-inc-announces-contract-200500498.html><strong>Business Wire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEACHWOOD, Ohio, November 02, 2021--(BUSINESS WIRE)--On November 2, 2021, Retail Value Inc. (NYSE: RVI) announced that the general due diligence period had expired under an agreement to sell Green ...</p>\n\n<a href=\"https://finance.yahoo.com/news/retail-value-inc-announces-contract-200500498.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/1Vqi7EPzZwSdivWcrBphOQ--~B/aD0yNjQ7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/amID7tl8nFMEFpGliFlxdA--~B/aD0yNjQ7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/4c476e37da54712230d5acdd67efcd4f","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/retail-value-inc-announces-contract-200500498.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2180736652","content_text":"BEACHWOOD, Ohio, November 02, 2021--(BUSINESS WIRE)--On November 2, 2021, Retail Value Inc. 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Additional information about RVI is available at www.retailvalueinc.com.\nSafe Harbor\nThe Company considers information in this press release that relates to expectations for future periods to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. For this purpose, any statements contained herein that are not historical fact may be deemed to be forward-looking statements. 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