Retail Value Inc. owns interests in 34 properties located in the continental U.S. and 12 properties in Puerto Rico. RVI plans to realize NAV through a planned 2 to 3 year liquidation with net proceeds distributed to shareholders. Dividends are expected to be a 100% AFFO payout rate. Special dividends will be distributed to shareholders subject to loan compliance requirements.
RVI is externally managed by SITE Centers Corp. (NYSE: SITE).