Tim D'Agostino's questions to RPT Realty (RPT) leadership • Q2 2025
Question
Tim D'Agostino, on behalf of Randy Binner, asked about the anticipated quarterly pace of capital deployment and the specific asset classes being targeted for investment.
Answer
Michael Nierenberg, Chairman, President & CEO, stated that the target assets remain retail, multifamily, office, and industrial properties, along with SRT deals. He noted the company has approximately $100 million in liquidity and projects deploying about $50 million in the third quarter. For future capital needs, he indicated a preference for tapping the preferred stock market to avoid diluting common shareholders.