SITE Centers Corp. (NYSE: SITC), an owner and manager of open-air shopping centers, reported a third quarter 2025 net loss attributable to common shareholders of $6.2 million, or $0.13 per diluted share, compared to net income of $320.2 million, or $6.07 per diluted share, in the same period last year. The company attributed the year-over-year decrease primarily to impairments, lower gain on sale from dispositions, a decrease in rental income due to property dispositions and the Curbline spin-off in 2024, as well as a decrease in interest income. These were partially offset by lower write-offs of fees related to mortgage financing commitments, reduced Curbline transaction costs, decreased interest and preferred dividend expenses, and increased fee and other income. Year to date, SITE Centers has sold seven properties for an aggregate price of $380.9 million and declared aggregate dividends of $5.75 per share. As of September 30, 2025, the company has over $292 million of properties under contract for sale where buyers' due diligence periods have expired, with additional properties in earlier stages of marketing and negotiation. The reported commenced rate was 86.5% at September 30, 2025, down from 90.6% at December 31, 2024, and 89.8% at September 30, 2024, on a pro rata basis. The decrease in the commenced rate was attributed to transactional activity and the remaining mix of properties. During the quarter, SITE Centers executed six new leases and 23 renewals totaling 237,000 square feet.