Every material Form 8-K Kite Realty Group Trust has filed with the SEC since October 30, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Kite Realty Group Trust furnished a Q3 2026 investor presentation under Regulation FD. The company reported Q3 NAREIT FFO of $0.53 and Core FFO of $0.52, and its bridge shows the 2026 FFO guidance midpoint moving from $2.09 to $2.10 for both measures, with a range of $2.08 to $2.12. For shareholders, the filing shows a modest guidance increase alongside 3.6% same property NOI growth.
Q3 2026 NAREIT FFO was $0.53 and Core FFO was $0.52
2026 NAREIT and Core FFO guidance range is $2.08 to $2.12, with a midpoint of $2.10, up from a previous midpoint of $2.09
Same property NOI growth was 3.6% in Q3 2026, and the company expects 3.4% to 3.9% for 2026
Net debt to adjusted EBITDA was 5.2x, and Fitch upgraded the company to BBB+ in September 2026
Kite Realty Group reported a third-quarter 2026 net loss attributable to common shareholders of $13.3 million, or $0.07 per diluted share, smaller than the $16.2 million loss a year earlier. The company raised its 2026 Core FFO and NAREIT FFO guidance range to $2.08 to $2.12 per diluted share from $2.06 to $2.12, though third-quarter total revenue of $190.3 million was below $205.0 million a year earlier.
Q3 2026 net loss attributable to common shareholders was $13.3 million ($0.07 per diluted share), versus a $16.2 million loss ($0.07) in Q3 2025.
Nine-month 2026 net income attributable to common shareholders was $159.4 million ($0.78 per diluted share), up from $117.8 million ($0.54) a year earlier.
2026 Core FFO and NAREIT FFO guidance raised to $2.08 to $2.12 per diluted share from $2.06 to $2.12; Same Property NOI growth range narrowed to 3.40% to 3.90% from 3.00% to 4.00%.
Q3 2026 Same Property NOI rose 3.6%, and the company repurchased about 2.4 million shares for $63.4 million during the quarter.
Kite Realty Group reported second quarter 2026 net income attributable to common shareholders of $161.3 million, or $0.79 per diluted share, up from $110.3 million, or $0.50, a year earlier. Total revenue fell to $196.3 million from $213.4 million, and the gain came largely from a $60.6 million non-cash gain on deconsolidation and $87.7 million in property sale gains. The company affirmed its 2026 NAREIT and Core FFO guidance of $2.06 to $2.12 per diluted share and raised its Same Property NOI growth range to 3.00% to 4.00%.
Q2 2026 Core FFO of the Operating Partnership was $108.4 million, or $0.52 per diluted share, versus $0.50 a year earlier
Total revenue was $196.3 million versus $213.4 million in Q2 2025
Same Property NOI rose 3.7%; 2026 Same Property NOI growth guidance raised to 3.00% to 4.00% from 2.50% to 3.50%
Third quarter 2026 dividend of $0.29 per share, a 7.4% year-over-year increase, payable on or about October 16, 2026
On July 2, 2026, Kite Realty Group, L.P., the operating partnership of Kite Realty Group Trust, closed a $345 million private placement of 3.25% exchangeable senior notes due April 15, 2032, including $45 million from the full exercise of the initial purchasers' option. The company said net proceeds of about $335.7 million will be used partly to repay $300 million of 4.00% senior notes due 2026 and to repurchase about $30 million of common shares, and it entered into capped call transactions that are generally expected to reduce potential dilution from exchanges. The offering adds $345 million of debt, and the filing does not report earnings or guidance changes.
$345 million of 3.25% exchangeable senior notes due April 15, 2032, sold in a Rule 144A private placement, closed July 2, 2026
Exchange price of about $35.40 per common share, a premium of about 22.5% to the $28.90 close on June 29, 2026; up to 11,937,690 common shares may be issued on exchange
Net proceeds of about $335.7 million, to be used to repay the $300 million 4.00% notes due 2026 and repurchase about $30 million of common shares
Capped call cap price of $41.91, a premium of about 45% over the June 29, 2026 closing price
Kite Realty Group reported first-quarter 2026 net income attributable to common shareholders of $11.4 million, or $0.06 per diluted share, down from $23.7 million, or $0.11, a year earlier. The company affirmed its 2026 NAREIT and Core FFO guidance of $2.06 to $2.12 per diluted share, while raising its Same Property NOI growth outlook to 2.50% to 3.50%, which matters to shareholders because it signals stronger expected property-level performance even as reported earnings fell.
Q1 2026 net income attributable to common shareholders was $11.4 million ($0.06 per diluted share) versus $23.7 million ($0.11) in Q1 2025.
Core FFO of the Operating Partnership was $109.1 million ($0.52 per diluted share) versus $118.2 million ($0.53) a year earlier; Same Property NOI rose 3.6%.
2026 Same Property NOI growth guidance raised to 2.50% to 3.50% from 2.25% to 3.25%; FFO guidance affirmed at $2.06 to $2.12 per diluted share.
Board declared a second-quarter 2026 dividend of $0.29 per common share, up 7.4% year over year, payable on or about July 16, 2026.
Kite Realty Group's Board appointed Chief Financial Officer Heath R. Fear as President, effective immediately, while he keeps the CFO role. The company also signed new employment agreements with its three top executives and disclosed that three independent trustees will not stand for reelection, which will shrink the board over time.
Heath R. Fear, CFO since November 2018, was appointed President effective March 20, 2026; Thomas K. McGowan remains President and Chief Operating Officer
John A. Kite's base salary is $1,030,000 under his new employment agreement; McGowan's and Fear's are $620,000 each
Bonnie S. Biumi will not stand for reelection at the 2026 annual meeting, and the board will drop from 11 to 10 trustees at that meeting
Peter L. Lynch and Barton R. Peterson will not stand for reelection at the 2027 annual meeting; the board is expected to shrink to eight trustees then
Kite Realty Group Trust appointed Adam M. Jaworski as senior vice president, chief accounting officer and principal accounting officer, effective April 6, 2026. He succeeds interim chief accounting officer Joseph Schmid, who will continue to provide consulting services to the company. The filing sets out Jaworski's pay package, including a $365,000 base salary, bonus and equity targets, and a restricted share grant that the filing lists as $330,000,000.
Adam M. Jaworski, 53, is currently chief accounting officer of Brookfield Properties Retail, a role he has held since January 2022.
Target annual cash bonus is 60% and target annual equity award is 50% of his $365,000 base salary.
Jaworski receives a $50,000 signing bonus and up to $50,000 in relocation reimbursement to Indianapolis, both subject to repayment if he leaves within set periods.
Joseph Schmid's interim chief accounting officer role ends on April 6, 2026.
Kite Realty Group reported fourth-quarter 2025 net income attributable to common shareholders of $180.8 million, or $0.84 per diluted share, up from $21.8 million a year earlier, mainly due to a $183.1 million gain on property sales. Core FFO fell to $112.9 million, or $0.51 per diluted share, from $0.52 a year earlier, and total revenue declined, while the company issued initial 2026 guidance of $2.06 to $2.12 per diluted share for Core FFO.
Q4 2025 net income attributable to common shareholders was $180.8 million, or $0.84 per diluted share, versus $21.8 million, or $0.10, in Q4 2024.
Q4 2025 Core FFO of the Operating Partnership was $112.9 million, or $0.51 per diluted share, versus $0.52 in Q4 2024; total revenue was $204.9 million versus $212.2 million.
2026 guidance: Core FFO of $2.06 to $2.12 per diluted share and net income of $0.36 to $0.42 per diluted share.
Board declared a first quarter 2026 dividend of $0.29 per common share, a 7.4% year-over-year increase, payable on or about April 16, 2026.
Kite Realty Group Trust said Chief Accounting Officer Dave Buell left his Senior Vice President role effective November 21, 2025, as previously announced. Joseph Schmid, who joined the company in October 2025, is serving as interim principal accounting officer and interim Chief Accounting Officer. The change is administrative in scope and the filing discloses no change to financial results or guidance.
Dave Buell resigned as Senior Vice President and Chief Accounting Officer, effective November 21, 2025; he first notified the company on September 29, 2025.
Joseph Schmid, 37, is interim principal accounting officer and interim Chief Accounting Officer.
Schmid was an Audit & Assurance Senior Manager at Deloitte & Touche LLP from August 2020 until joining Kite Realty in October 2025, with over 13 years of accounting and finance experience.
Kite Realty Group reported a third-quarter 2025 net loss attributable to common shareholders of $16.2 million, or $0.07 per diluted share, compared with net income of $16.7 million, or $0.08 per diluted share, a year earlier. The quarter included $39.3 million of impairment charges, while Core FFO rose to $0.52 per diluted share from $0.49, and the company raised its 2025 Core FFO guidance to $2.05 to $2.07 per diluted share.
Q3 2025 net loss attributable to common shareholders of $16.2 million, or $0.07 per diluted share, versus net income of $16.7 million, or $0.08, in Q3 2024; impairment charges were $39.3 million.
Q3 2025 Core FFO of the Operating Partnership was $116.3 million, or $0.52 per diluted share, versus $0.49 a year earlier.
2025 Core FFO guidance raised to $2.05 to $2.07 per diluted share from $2.02 to $2.06; NAREIT FFO guidance raised to $2.09 to $2.11 from $2.06 to $2.10.
Board declared a fourth quarter 2025 dividend of $0.29 per common share, up 7.4% year over year, payable on or about January 16, 2026.
Kite Realty Group Trust disclosed that Dave Buell, its Senior Vice President and Chief Accounting Officer, notified the company on September 24, 2025 that he will resign, effective November 21, 2025. The filing states Buell has not expressed any disagreements with the company on any matter, including accounting policies.
Dave Buell, Senior Vice President and Chief Accounting Officer, gave notice of resignation on September 24, 2025
Resignation takes effect November 21, 2025
Filing states Buell has no disagreements with the company, including on accounting matters
Kite Realty Group reported net income attributable to common shareholders of $110.3 million, or $0.50 per diluted share, for the quarter ended June 30, 2025, compared with a net loss of $48.6 million a year earlier, which included $66.2 million of impairment charges. The company raised its 2025 NAREIT FFO and Core FFO guidance, which matters to shareholders because it signals higher expected operating results for the year.
Q2 2025 net income attributable to common shareholders was $110.3 million, or $0.50 per diluted share, versus a net loss of $48.6 million, or $0.22 per share, in Q2 2024.
Core FFO of the Operating Partnership was $0.50 per diluted share, the same as in Q2 2024.
2025 NAREIT FFO guidance raised to $2.06 to $2.10 per diluted share from $2.04 to $2.10; Core FFO guidance raised to $2.02 to $2.06 from $2.00 to $2.06.
Third quarter 2025 dividend declared at $0.27 per common share, a 3.8% year-over-year increase.
Kite Realty Group Trust and its operating partnership amended their $1.1 billion revolving credit facility and $300 million term loan with KeyBank on July 28, 2025, and separately amended a $250 million term loan. The amendments remove the 0.10% SOFR spread adjustment and, for the $300 million term loan, lower the interest rate margin to a range of 0.75% to 1.60% from 1.15% to 2.20%, based on the operating partnership's credit rating. The changes reduce borrowing costs on existing debt, and the filing does not state any change in borrowing amounts or maturities.
July 28, 2025: Fourth Amendment to the Credit Agreement covering a $1.1 billion revolving facility maturing October 3, 2028 and a $300 million term loan maturing July 29, 2029
$300 million term loan margin range lowered to 0.75% to 1.60% from 1.15% to 2.20%
Elimination of the 0.10% SOFR spread adjustment applies to all loans under the Credit Agreement
Third Amendment on July 28, 2025 removes the 0.10% SOFR spread adjustment from the $250 million term loan maturing October 24, 2027
Kite Realty Group, L.P., the operating partnership of Kite Realty Group Trust (KRG), completed a $300 million offering of 5.200% senior notes maturing August 15, 2032. The company plans to use the proceeds to repay a $150 million term loan due July 2026, $80 million of senior notes due September 10, 2025, and borrowings under its unsecured revolving credit facility, with the rest for general corporate purposes. The filing shows a refinancing of near-term debt, but it does not state a change in leverage or earnings.
$300 million aggregate principal of 5.200% Senior Notes due August 15, 2032, issued by the operating partnership.
Interest is payable semi-annually on February 15 and August 15, beginning February 15, 2026.
Proceeds will repay a $150 million unsecured term loan due July 17, 2026 and $80 million of senior notes due September 10, 2025, plus part of the revolver, which had $34 million outstanding at March 31, 2025.
The notes are unsecured. The Trust is not a guarantor but must guarantee them if it guarantees the operating partnership's existing credit agreement.
Kite Realty Group reported first-quarter 2025 net income attributable to common shareholders of $23.7 million, or $0.11 per diluted share, up from $14.2 million, or $0.06 per diluted share, a year earlier. The company raised its 2025 NAREIT FFO guidance to $2.04 to $2.10 per diluted share from $2.02 to $2.08, and its Core FFO guidance to $2.00 to $2.06 from $1.98 to $2.04.
Q1 2025 net income attributable to common shareholders was $23.7 million, or $0.11 per diluted share, versus $14.2 million, or $0.06, in Q1 2024.
Core FFO of the Operating Partnership was $118.1 million, or $0.53 per diluted share, versus $0.48 a year earlier.
2025 NAREIT FFO guidance raised to $2.04 to $2.10 per diluted share; Core FFO guidance raised to $2.00 to $2.06.
Board declared a second-quarter 2025 dividend of $0.27 per share, an 8.0% year-over-year increase, payable on or about July 16, 2025.
Kite Realty Group reported fourth-quarter 2024 net income attributable to common shareholders of $21.8 million, or $0.10 per diluted share, up from $8.0 million, or $0.04, a year earlier. Full-year 2024 net income fell to $4.1 million, or $0.02 per share, from $47.5 million, mainly because of a $66.2 million impairment charge; the company also gave initial 2025 guidance of $1.98 to $2.04 per diluted share for Core FFO and declared a first-quarter 2025 dividend of $0.27 per share, up 8.0% year over year.
Q4 2024 Core FFO of the Operating Partnership was $115.8 million, or $0.52 per diluted share, compared with $0.47 in Q4 2023
Full-year 2024 net income was reduced by a $66.2 million impairment charge; excluding it, net income would have been $70.3 million, or $0.32 per diluted share
2025 guidance: net income of $0.45 to $0.51 per diluted share, NAREIT FFO of $2.02 to $2.08, and Core FFO of $1.98 to $2.04
Dividend of $0.27 per share payable on or about April 16, 2025, to holders of record as of April 9, 2025
Kite Realty Group Trust reported third-quarter 2024 net income attributable to common shareholders of $16.7 million, or $0.08 per diluted share, up from $2.1 million, or $0.01, a year earlier. Its NAREIT FFO was $0.51 per diluted share, unchanged from the prior year, and the company raised the low end of its 2024 NAREIT FFO guidance to $2.06 to $2.08 per share. Nine-month results were a net loss of $17.8 million, mainly reflecting $66.2 million of impairment charges.
Q3 2024 net income attributable to common shareholders was $16.7 million, or $0.08 per diluted share, versus $2.1 million, or $0.01, in Q3 2023.
Nine-month 2024 net loss attributable to common shareholders was $17.8 million, or $0.08 per diluted share, versus net income of $39.5 million in the prior-year period; impairment charges were $66.2 million.
2024 NAREIT FFO guidance was updated to $2.06 to $2.08 per diluted share from $2.04 to $2.08; Same Property NOI guidance is 2.5% to 3.0%.
Board declared a fourth-quarter 2024 dividend of $0.27 per common share, an 8.0% increase year over year, payable on or about January 16, 2025.
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