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SITE Centers Repays Loan, Eliminates Material Debt Agreement

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SITE Centers Repays Loan, Eliminates Material Debt Agreement

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The latest update is out from SITE Centers ( (SITC) ).

On December 18, 2025, SITE Centers Corp. fully repaid approximately $64 million of outstanding principal under a loan agreement originally entered into on August 7, 2024 with affiliates of Atlas SP Partners and Athene Annuity and Life Company. The repayment eliminates this debt obligation from the company’s balance sheet, potentially improving financial flexibility and reducing interest expense for shareholders and other stakeholders.

The most recent analyst rating on (SITC) stock is a Hold with a $8.00 price target. To see the full list of analyst forecasts on SITE Centers stock, see the SITC Stock Forecast page.

Spark’s Take on SITC Stock

According to Spark, TipRanks’ AI Analyst, SITC is a Neutral.

SITE Centers’ overall stock score reflects significant financial performance concerns, particularly in income and cash flow volatility. Technical analysis indicates bearish momentum, which could pressure the stock further. However, the valuation is relatively attractive with a reasonable P/E ratio and a high dividend yield, providing some support.

To see Spark’s full report on SITC stock, click here.

More about SITE Centers

SITE Centers Corp. is a real estate investment trust that owns and operates open-air shopping centers, focusing on retail properties and related commercial real estate in the United States.

Average Trading Volume: 1,386,430

Technical Sentiment Signal: Buy

Current Market Cap: $330M

Learn more about SITC stock on TipRanks’ Stock Analysis page.

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