Retail Properties of America

OverviewSuggest Edit

Retail Properties of America, Inc. is a self-managed REIT focused on the acquisition, development and management of strategically located retail assets. As one of the largest owners and operators of shopping centers in the U.S., RPAI has a diversified mix of assets including power centers, community centers, and lifestyle centers. Our experienced team offers a fresh vision to leasing, innovative and award-winning marketing, and hands-on attention to every property in our portfolio, bringing motivated tenants and consumers to yield proven results. When people look for the very best in retail, they come to RPAI.
TypePublic
HQOak Brook, US
Websiterpai.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Dec 2019)215(+2%)
Job Openings4
Revenue (FY, 2018)$482.5 M(-10%)
Share Price (Oct 2020)$5.7 (+2%)
Cybersecurity ratingBMore

Key People/Management at Retail Properties of America

Steven Grimes

Steven Grimes

Chief Executive Officer, Director
Shane Garrison

Shane Garrison

President and Chief Operating Officer
Julie M. Swinehart

Julie M. Swinehart

Executive Vice President, Chief Financial Officer and Treasurer
Gerald M. Gorski

Gerald M. Gorski

Chairman of the Board of Directors
Matthew Beverly

Matthew Beverly

President, Eastern Division
Gerry Wright

Gerry Wright

President, Western Division
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Retail Properties of America Office Locations

Retail Properties of America has offices in Oak Brook, Ashburn, Atlanta, Baltimore and in 14 other locations
Oak Brook, US (HQ)
2021 Spring Rd #200
Ashburn, US
44715 Brimfield Dr #260
Atlanta, US
Paces Cumberland, 2675 Paces Ferry Rd SE #320
Baltimore, US
6534 Reisterstown Rd
Charlotte, US
4064 Colony Rd #315
Gaithersburg, US
123 Crown Park Ave
Show all (19)

Retail Properties of America Financials and Metrics

Retail Properties of America Revenue

Retail Properties of America's revenue was reported to be $482.50 m in FY, 2018
USD

Net income (Q2, 2020)

(7.3m)

Market capitalization (15-Oct-2020)

1.2b

Closing stock price (15-Oct-2020)

5.7

Cash (30-Jun-2020)

12.6m

EV

2.2b
Retail Properties of America's current market capitalization is $1.2 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

605.7m567.0m551.2m600.6m604.0m583.1m538.1m482.5m

Revenue growth, %

9%1%(3%)

General and administrative expense

20.6m26.9m31.5m34.2m50.7m44.5m40.7m42.4m40.5m

Operating expense total

20.6m26.9m31.5m34.2m50.7m44.5m40.7m42.4m40.5m
Quarterly
Annual
USDY, 2009Y, 2010FY, 2011Y, 2011Y, 2012FY, 2012FY, 2013Y, 2013FY, 2014Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

125.9m130.2m136.0m136.0m138.1m138.1m58.2m58.2m112.3m112.3m51.4m51.4m53.1m25.2m14.7m10.0m

Accounts Receivable

94.9m85.4m80.8m86.0m82.8m577.3k71.7m78.4m73.8m

Inventories

Total Assets

5.9b5.2b4.9b4.9b4.8b4.8b4.6b4.6b4.5b3.9b3.6b3.6b
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Retail Properties of America Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Retail Properties of America Online and Social Media Presence

Embed Graph

Retail Properties of America News and Updates

Retail Properties Of America, Inc. Prices $400.0 Million Offering Of Senior Unsecured Notes

OAK BROOK, Ill., Aug. 18, 2020 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") announced today that it has agreed to sell $400.0 million aggregate principal amount of 4.750% senior unsecured notes due 2030 (the "Notes") in an underwritten public offering....

Retail Properties Of America, Inc. Provides Business Update Ahead Of Presentation At Nareit's REITweek: 2020 Virtual Investor Conference

OAK BROOK, Ill., June 1, 2020 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today provided an update on cash rent collection statistics for the months of April and May 2020. Compared to the previously reported 52.4% of April rent collected as of April 30,...

Retail Properties Of America, Inc. Halts Vertical Construction Plans At Its Carillon Redevelopment

OAK BROOK, Ill., March 23, 2020 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company"), in response to current macroeconomic conditions, has halted plans for vertical construction at its Carillon redevelopment project located in the Washington, D.C. metropolitan...

Retail Properties of America, Inc. To Present At The Citi 2020 Global Property CEO Conference

OAK BROOK, Ill., Feb. 26, 2020 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today announced that Steven Grimes, chief executive officer, will present at the Citi 2020 Global Property CEO Conference. The Company's presentation is scheduled for 9:30 a.m....

Retail Properties of America, Inc. Announces First Quarter 2020 Dividend On Common Stock

OAK BROOK, Ill., Feb. 13, 2020 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today announced that it declared the first quarter dividend for its outstanding Class A common stock. The dividend of $0.165625 per common share will be paid on April 9, 2020, to...

Retail Properties of America, Inc. Reports Second Quarter And Year To Date 2019 Results

OAK BROOK, Ill., July 30, 2019 /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, 2019. FINANCIAL RESULTS For the quarter ended June 30, 2019, the Company reported:...
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Retail Properties of America Frequently Asked Questions

  • Who are Retail Properties of America key executives?

    Retail Properties of America's key executives are Steven Grimes, Shane Garrison and Julie M. Swinehart.

  • How many employees does Retail Properties of America have?

    Retail Properties of America has 215 employees.

  • Who are Retail Properties of America competitors?

    Competitors of Retail Properties of America include Eurocommercial Properties, Purple Cow Properties and Arnold Development Group.

  • Where is Retail Properties of America headquarters?

    Retail Properties of America headquarters is located at 2021 Spring Rd #200, Oak Brook.

  • Where are Retail Properties of America offices?

    Retail Properties of America has offices in Oak Brook, Ashburn, Atlanta, Baltimore and in 14 other locations.

  • How many offices does Retail Properties of America have?

    Retail Properties of America has 19 offices.