United States securities and exchange commission logo
May 8, 2024
Conor Fennerty
Executive Vice President, Chief Financial Officer & Treasurer
SITE Centers Corp.
3300 Enterprise Parkway
Beachwood, OH 44122
Re: SITE Centers Corp.
Form 10-K for the
fiscal year ended December 31, 2023
Response dated
April 23, 2024
File No. 001-11690
Dear Conor Fennerty:
We have reviewed your April 23, 2024 response to our comment
letter and have the
following comment.
Please respond to this letter within ten business days by
providing the requested
information or advise us as soon as possible when you will respond. If
you do not believe a
comment applies to your facts and circumstances, please tell us why in
your response.
After reviewing your response to this letter, we may have
additional comments. Unless
we note otherwise, any references to prior comments are to comments in
our April 16, 2024
letter.
Form 10-K for the fiscal year ended December 31, 2023
Item 7. Management's Discussion and Analysis of Financial Condition and
Results of
Operations, page 30
1. We note your response
to our comment 1 and your references to disclosures within the
Form 10-K related to
future dispositions. From your most recent earnings call, we note
that you now have over
$1 billion of real estate currently either under contract, in contract
negotiation or with
executed nonbinding LOIs. Please tell us what consideration you gave
to enhancing your
disclosures in your periodic filings to include more explicit information
regarding potential
future dispositions to make investors aware of material events and
uncertainties known to
management that are reasonably likely to cause reported financial
information not to be
necessarily indicative of future operating results or of future
financial condition.
Reference is made to Item 303 of Regulation S-K.
Conor Fennerty
SITE Centers Corp.
May 8, 2024
Page 2
Please contact Eric McPhee at 202-551-3693 or Jennifer Monick at
202-551-3295 if you
have questions regarding comments on the financial statements and related
matters.
FirstName LastNameConor Fennerty Sincerely,
Comapany NameSITE Centers Corp.
Division of
Corporation Finance
May 8, 2024 Page 2 Office of Real Estate
& Construction
FirstName LastName