Retail Properties of America (RPAI) Reports Q2 FFO of $0.27

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Retail Properties of America, Inc. Reports Second Quarter And Year To Date 2021 Results

August 3, 2021 4:15 PM EDT

OAK BROOK, Ill., Aug. 3, 2021 /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, 2021.

FINANCIAL RESULTSFor the quarter ended June 30, 2021, the Company reported:

Net income attributable to common shareholders of $15.4 million, or $0.07 per diluted share, compared to net loss attributable to common shareholders of $(7.3) million, or $(0.04) per diluted share, for the same period in 2020; Funds from operations (FFO) attributable to common shareholders of $56.9 million, or $0.27 per diluted share,... More