Cedar Realty Trust Inc (CDR.PR.C)

Overview

Headquartered in Virginia Beach, Virginia, Cedar Realty Trust, Inc. is a prominent subsidiary of Wheeler Real Estate Investment Trust (NASDAQ: WHLR), a distinguished name in the commercial real estate sector, specializing in the management and operation of retail properties. Cedar Realty Trust, Inc., operating under the stock symbols CDRpB and CDRpC, leverages the expertise and infrastructure of its parent company to maintain a focus on grocery-anchored shopping centers. These properties are strategically located in secondary and tertiary markets where they have been successful in generating substantial, risk-adjusted returns for the investors. Wheeler Real Estate Investment Trust prides itself on a portfolio that showcases well-placed, income-generating retail properties. The company ensures its presence and accessibility to investors through the public trading of its securities on NASDAQ, marked by the symbols "WHLR" for its common stock, "WHLRP" for Series B convertible preferred stock, "WHLRD" for Series D cumulative convertible preferred stock, and "WHLRL" for 7% Senior Subordinated Convertible Notes due 2031.

Products and Services

• Income Producing Retail Properties

  Cedar Realty Trust's primary business involves the ownership and management of retail properties that generate continuous income. More specifically, the focus is on grocery-anchored centers which serve as pivotal shopping destinations in their respective locales. These centers are carefully selected based on their potential to attract a steady flow of customers and, in turn, maintain and increase revenue generation over time.

• Investment in Secondary and Tertiary Markets

  The strategic focus on secondary and tertiary markets is a distinctive aspect of Cedar Realty Trust's operations. These markets are chosen for their potential to offer attractive, risk-adjusted returns compared to more saturated primary markets. The company's adept ability in identifying such markets and capitalizing on the opportunities they present has been a key factor in its success.

• Publicly Traded Securities

  Ensuring accessibility and investment opportunities for a broad spectrum of investors, Cedar Realty Trust, through its parent company Wheeler Real Estate Investment Trust, lists a variety of securities for public trading. This includes common stock, Series B and D convertible preferred stock, and 7% Senior Subordinated Convertible Notes. The availability of these securities on NASDAQ under the symbols WHLR, WHLRP, WHLRD, and WHLRL makes it convenient for investors to engage with and invest in the company, tapping into the commercial real estate sector's growth potential.