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Retail Value sells Plaza Palma Real for $50M, prepays $65M of mortgage debt

Dec. 22, 2020 4:18 PM ETRetail Value Inc. (RVIC) StockBy: Liz Kiesche, SA News Editor
  • Retail Value (RVI) closes on the sale of Plaza Palma Real in Humacao, Puerto Rico, for $50.0M, before closing costs, prorations, and other closing adjustments.
  • Net proceeds were used to repay mortgage debt associated with RVI.
  • The transaction leaves RVI

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