Retail Properties of America (RPAI) Tops Q2 FFO by 2c; Updates FY16 FFO Outlook

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Retail Properties of America, Inc. Reports Second Quarter And Year To Date Results

August 2, 2016 4:15 PM EDT

OAK BROOK, Ill., Aug. 2, 2016 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI)(the "Company") today reported financial and operating results for the quarter and six months ended June 30, 2016.

FINANCIAL RESULTS

For the quarter ended June 30, 2016, the Company reported:

Net income attributable to common shareholders of $26.2 million, or $0.11 per share, compared to $28.3 million, or $0.12 per share, for the same period in 2015; Funds from operations (FFO) attributable to common shareholders of $73.9... More