CDR-PC
Real EstateCedar Realty Trust, Inc.
REIT - Retail
$20.61-1.90%
Key events (≥5% daily moves)
Up dayDown day
About This Company
Cedar Realty Trust (CDR-PC) was a real estate company that owned and managed shopping centers, primarily focusing on grocery-anchored properties in busy urban areas from Washington D.C. to Boston. They specialized in redeveloping these centers. As of August 2022, Cedar Realty Trust became part of Wheeler Real Estate Investment Trust, Inc.
https://www.cedarrealtytrust.comKey Statistics
Open$20.61
Day High$20.61
Day Low$20.61
Prev. Close$21.01
52-Week High$22.11
52-Week Low$14.42
Market Cap$282.73M
Volume306.00
Avg. Volume—
P/E Ratio—
EPS—
Beta0.03
Company Information
Sector
Real Estate
Industry
REIT - Retail
Employees
55
Country
US
IPO Date
2017-08-18
Exchange
NYSE
52-Week Range
$14.42
52W Low
$20.61
Current
$22.11
52W High
Catalysts & Risks
Catalysts
- ▲Successful completion of remaining asset dispositions at favorable valuations, providing capital for preferred shareholder distributions.
- ▲Potential for a higher-than-expected final liquidation distribution to preferred shareholders if underlying asset sales exceed initial estimates.
- ▲Improvement in the broader retail real estate market, potentially aiding the sale of remaining properties.
- ▲Favorable resolution of any outstanding liabilities or legal matters, reducing potential drains on liquidation proceeds.
Risks
- ▼Lower-than-anticipated proceeds from the sale of remaining real estate assets due to market conditions or unforeseen issues.
- ▼Delays in the asset disposition process, extending the timeline for final liquidation and preferred shareholder distributions.
- ▼Higher-than-expected liquidation costs, including administrative expenses, taxes, and unforeseen liabilities, eroding preferred shareholder value.
- ▼Adverse changes in interest rates or credit markets, potentially impacting the valuation or saleability of remaining properties.
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