Cedar Realty Trust, Inc.CDR-PB
What Cedar Realty Trust, Inc. does.
The Company is a REIT that focuses on owning and operating income producing retail properties with a primary focus on grocery-anchored shopping centers, predominantly located in the Northeast. At December 31, 2025, the Company owned a portfolio of 12 properties totaling 1.9 million square feet of gross leasable area ("GLA"). The portfolio was 92.4% leased and 92.4% occupied at December 31, 2025.
The Company, organized as a Maryland corporation in 1984, has elected to be taxed as a REIT under applicable provisions of the Internal Revenue Code of 1986, as amended (the "Code"). To qualify as a REIT under those provisions, the Company must have a preponderant percentage of its assets invested in, and income derived from, real estate and related sources. The Company is a commercial real estate investment company that owns income-producing retail properties with a primary focus on grocery-anchored centers.
The Company has established an umbrella partnership structure through the contribution of substantially all of its assets to the Operating Partnership, organized as a limited partnership under the laws of Delaware. The Operating Partnership is the entity through which the Company conducts substantially all of its business and owns (either directly or through subsidiaries) substantially all of its assets. At December 31, 2025, the Company, which is a subsidiary of Wheeler Real Estate Investment Trust, Inc. ("WHLR"), owned a 100.0% interest in, and was the sole general partner of, the Operating Partnership. The Company's 7.25% Series B Cumulative Redeemable Preferred Stock (the "Series B Preferred Stock") and 6.50% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock" and, together with the Series B Preferred Stock, the "Preferred Stock") remain outstanding and continue to trade on the NYSE.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $45.9M | $39.2M | $34.3M | $34.6M | $34.5M | $29.7M |
| Net income | -$1.1M | -$45.1M | $44.0M | $2.0M | $4.5M | -$1.9M |
| Free cash flow | — | — | -$42.9M | $1.8M | -$2.1M | $4.5M |
More on CDR-PB.
- Cedar Realty Trust, Inc. summary
- Cedar Realty Trust, Inc. financial statements
- Cedar Realty Trust, Inc. key metrics
- Cedar Realty Trust, Inc. health scores and style box
- Cedar Realty Trust, Inc. earnings
- Cedar Realty Trust, Inc. dividends
- Cedar Realty Trust, Inc. valuation
- Cedar Realty Trust, Inc. ownership and insiders
- Cedar Realty Trust, Inc. peers
Figures from Cedar Realty Trust, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.