The RPT Merger added 56 open-air shopping centers, comprising 13.3 million square feet of GLA. This acquisition significantly increases the company's scale and market presence.

The Company's business objective and strategies emphasize a nationally diversified portfolio in high-barrier-to-entry, first-ring suburbs within key major metropolitan Sun Belt and coastal markets. This indicates a deliberate strategy for sustainable growth.

The company continues to place strategic emphasis on live/work/play environments and reinvesting in existing assets, while building shareholder value through re-development and development opportunities. This signals a forward-looking approach to adapting to changing market demands.

The Company's business strategies include capitalizing on efficiencies and advantages of scale to serve as the best-in-class operator for tenants. This suggests a focus on operational excellence and customer satisfaction.

The Company has earned Great Place to Work certification for seven consecutive years and has been recognized as a recipient of Best Workplaces in Real Estate, Best Workplaces in New York, and Best Workplaces for Millennials. This indicates a positive work environment and employee satisfaction.

The Company's Corporate Responsibility approach is aligned with its core business strategy of creating destinations for everyday living. This suggests that ESG initiatives are integrated into the company's overall operations.

The 10K states that the economic performance and value of properties is subject to all of the risks associated with owning and operating real estate, including changes in the national, regional and local economic climate. This highlights the vulnerability of the company to external economic factors.

The 10K states that numerous commercial developers and real estate companies compete with the company in seeking tenants for existing properties and properties for acquisition. This points to a competitive landscape that could impact the company's growth and profitability.

The 10K states that the company's IT networks and related systems are essential to the operation of the business and the ability to perform day-to-day operations. This highlights the potential for disruption and financial loss due to cyber security threats.

As one of the original participants in the growth of the shopping center industry, the Company has established close relationships with major national and regional retailers. This provides a competitive advantage in attracting new business opportunities.

The Company's executive and senior management teams are seasoned real estate operators with extensive retail and public company leadership experience. This expertise, experience, reputation, and key relationships provide a significant competitive advantage.

Compliance with various governmental regulations has an impact on our business, including our capital expenditures, earnings and competitive position, which can be material. We incur costs to monitor and take actions to comply with governmental regulations that are applicable to our business, which include, among others, federal securities laws and regulations, applicable stock exchange requirements, REIT and other tax laws and regulations, environmental and health and safety laws and regulations, local zoning, usage and other regulations relating to real property and the Americans with Disabilities Act of 1990.

The Company reduces its operating and leasing risks through diversification achieved by the geographic distribution of its properties and a large tenant base. This suggests a focus on risk management and operational stability.

The Company's business strategies include capitalizing on efficiencies and advantages of scale to serve as the best-in-class operator for tenants. This suggests a focus on operational excellence and customer satisfaction.

The 10K states that costs associated with the business are relatively inflexible and generally do not decrease in the event that a property is not fully occupied. This highlights a risk to operational efficiency if revenues decline.

The 10K states that issues in the development and use of artificial intelligence, combined with an uncertain regulatory environment, may result in reputational harm, liability, or other adverse consequences to our business operations. This highlights the potential for disruption and financial loss due to artificial intelligence threats.

The 10K states that artificial intelligence or machine learning models may create incomplete, inaccurate, or otherwise flawed outputs, some of which may appear correct. This highlights the potential for disruption and financial loss due to artificial intelligence threats.

The 10K states that increasing market and regulatory expectations may result in increased investment in upgrading technology and assets, including training and startup costs. This highlights the potential for increased capital expenditure related to technology.

The Company's business strategies include unlocking the highest and best use of real estate through its entitlement program and redevelopment projects through a disciplined capital allocation strategy. This indicates a focus on efficient capital deployment for maximum returns.

The Company has over $2.7 billion of immediate liquidity, including the Company's $2.0 billion unsecured revolving credit facility. This provides financial flexibility for strategic investments and capital allocation decisions.

The Company reduces its operating and leasing risks through diversification achieved by the geographic distribution of its properties and a large tenant base. This suggests a focus on risk management and operational stability.

The company has established a near-term greenhouse gas emissions reduction target of reducing Scope 1 and 2 emissions 30% from a 2018 baseline by 2030, and separately has a target of achieving net zero Scope 1 and 2 GHG emissions by 2050. This shows a commitment to environmental sustainability.

In 2020, the Company issued $500.0 million in 2.70% notes due 2030 in its inaugural green bond offering. The Company's $2.0 billion Credit Facility is a green credit facility, which incorporates rate adjustments associated with attainment of Scope 1 and 2 greenhouse gas emissions reductions. This demonstrates a commitment to sustainable financing.

Employees may participate in KIMunity Councils focused in the areas of culture, charitable and in-kind giving, wellness, sustainability, and tenant engagement. This demonstrates a commitment to social responsibility and community engagement.

The Company has developed a strong nationally diversified portfolio of open-air, grocery anchored shopping centers located in drivable first-ring suburbs primarily within 18 major metropolitan Sun Belt and coastal markets, which are supported by strong demographics, significant projected population growth, and where the Company perceives significant barriers to entry. As of December 31, 2024, the Company derived 82% of its proportionate share of annualized base rental revenues from these top major metro markets.

The economy continues to face challenges, which could impact the Company and its tenants, including elevated inflation and interest rates. These factors could slow economic growth and adversely affect the Company and its tenants which could negatively affect the overall demand for retail space, including the demand for leasable space in the Company's properties and could materially adversely impact the Company's business, financial condition, results of operations or stock price.

Many of our tenants face increasing competition from e-commerce and other sources that could cause them to reduce their size, limit the number of locations and/or suffer a general downturn in their businesses and ability to pay rent. We may also fail to anticipate the effects of changes in consumer buying practices, particularly of growing online sales and the resulting change in retailing practices and space needs of our tenants, which could have an adverse effect on our results of operations and cash flows.