Retail Properties of America (RPAI) Reports In-Line Q2 FFO

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

July 31, 2018 4:15 PM EDT

OAK BROOK, Ill., July 31, 2018 /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, 2018.

FINANCIAL RESULTSFor the quarter ended June 30, 2018, the Company reported:

Net income attributable to common shareholders of $10.9 million, or $0.05 per diluted share, compared to $112.4 million, or $0.48 per diluted share, for the same period in 2017; Funds from operations (FFO) attributable to common shareholders of $55.0 million, or $0.25 per diluted share, compared to $60.7 million, or $0.26 per diluted share, for... More