Retail Opportunity Investments Corp
Company Overview
Retail Opportunity Investments Corp (ROIC) is a real estate investment trust (REIT) that specializes in acquiring, owning, and managing grocery-anchored shopping centers located in densely populated, metropolitan markets across the Western United States. The company focuses on necessity-based retail properties in established markets with strong demographics.
The company generates revenue primarily through leasing retail space to tenants, with a particular emphasis on grocery stores as anchor tenants. Their business model involves acquiring, renovating, and managing retail properties to generate stable rental income.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $83.48m | $49.56m | - | $19.93m | 0.00% | 40.22% |
| June 30, 2024 | $83.32m | $75.52m | - | $20.04m | 0.00% | 26.54% |
| March 31, 2024 | $85.33m | $73.67m | - | $18.92m | 0.00% | 25.68% |
Company Impact
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