Company type | Private |
---|---|
Industry | Real estate investment trust |
Founded | 1975 |
Founder | Dennis Gershenson, Michael Ward, Joel Gershenson, Richard Gerhsenson and Bruce Gershenson |
Defunct | January 2, 2024 |
Headquarters | New York, NY |
Key people | Brian Harper, CEO |
Products | Open-air shopping centers |
Revenue | $2`7 million (2022) |
$84 million (2022) | |
Total assets | $1.946 billion (2022) |
Total equity | $978 million (2022) |
Number of employees | 138 (2022) |
Footnotes / references [1] |
RPT Realty was a real estate investment trust that owned and operated open-air shopping centers. As of December 31, 2022, the company owned 44 wholly-owned shopping centers, 13 shopping centers owned through its grocery anchored joint venture, and 48 retail properties owned through its net lease joint venture comprising 15 million square feet. In 2024, the company was acquired by Kimco Realty.[1] The company was formerly known as RAMCO Properties Trust and Ramco-Gershenson Properties Trust.