{"id":778780,"date":"2022-04-14T08:02:14","date_gmt":"2022-04-14T06:02:14","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/retail-value-inc-announces-sale-closing-special-common-distribution\/"},"modified":"2023-07-10T22:13:53","modified_gmt":"2023-07-10T20:13:53","slug":"retail-value-inc-announces-sale-closing-special-common-distribution","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/retail-value-inc-announces-sale-closing-special-common-distribution\/","title":{"rendered":"Retail Value Inc. Announces Sale Closing &amp; Special Common Distribution"},"content":{"rendered":"BEACHWOOD, Ohio--(BUSINESS WIRE)--Retail Value Inc. (\u201cRVI\u201d or the \u201cCompany\u201d) closed on the sale of Crossroads Center (Gulfport, Mississippi) for $38.5 million in cash prior to closing costs, prorations and other closing adjustments. Subsequent to the transaction, RVI has completed the sale of all of its real estate holdings and no longer owns an interest in any real estate property.\n\n\n\nNet proceeds from the transaction of approximately $37.2 million, along with cash on hand, are expected to be utilized for a special cash distribution on the Company\u2019s common shares.\n\n\nCommon Share Distribution\n\n\nThe Company\u2019s Board of Directors declared a special cash distribution on the Company\u2019s common shares of $2.13 per common share payable<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>BEACHWOOD, Ohio&#8211;(BUSINESS WIRE)&#8211;Retail Value Inc. (\u201cRVI\u201d or the \u201cCompany\u201d) closed on the sale of Crossroads Center (Gulfport, Mississippi) for $38.5 million in cash prior to closing costs, prorations and other closing adjustments. Subsequent to the transaction, RVI has completed the sale of all of its real estate holdings and no longer owns an interest in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-778780","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Retail Value Inc. 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