RPT Realty

RPT Realty
Company type Private (1975–1996)
Real estate investment trust (1996–2024)
Subsidiary (2024–present)
IndustryShopping centers
Founded1975 (1975)
FoundersDennis Gershenson
Michael Ward
Joel Gershenson
Richard Gerhsenson
Bruce Alan Gershenson
DefunctJanuary 2, 2024 (2024-01-02) (as an independent entity)
FateAcquired by Kimco Realty
HeadquartersNew York, NY
Key people
Brian Harper, CEO
ProductsOpen-air shopping centers
Revenue $2`7 million (2022)
$84 million (2022)
Total assets $1.946 billion (2022)
Total equity $978 million (2022)
Number of employees
138 (2022)
ParentKimco Realty (2024–present)
Footnotes / references

RPT Realty is a real estate investment trust that owns and operates open-air shopping centers. As of December 31, 2022, the company owns 44 wholly owned shopping centers, 13 shopping centers owned through its grocery anchored joint venture, and 48 retail properties owned through its net lease joint venture comprising 15 million square feet. In 2024, the company was acquired by Kimco Realty. The company was formerly known as RAMCO Properties Trust and Ramco-Gershenson Properties Trust.