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In July 2022, the company sold a portfolio of 33 shopping centers to a joint venture between a fund managed by DRA Advisors LLC and KPR Centers for $879 million.<ref>{{Cite press release | url=https://www.prnewswire.com/news-releases/cedar-realty-trust-announces-completion-of-sale-of-grocery-anchored-portfolio-and-redevelopment-property-to-dra-advisors-and-kpr-centers-301583132.html | title=CEDAR REALTY TRUST ANNOUNCES COMPLETION OF SALE OF GROCERY-ANCHORED PORTFOLIO AND REDEVELOPMENT PROPERTY TO DRA ADVISORS AND KPR CENTERS | publisher=[[PR Newswire]] | date=July 8, 2022}}</ref><ref>{{Cite news | url=https://therealdeal.com/new-york/2022/03/04/shopping-center-reit-cedar-realty-trust-sells-entire-portfolio-for-1-2b/ | title=Shopping-center REIT Cedar Realty Trust sells entire portfolio for $1.2B | first=Sasha | last=Jones | work=[[The Real Deal (magazine)|The Real Deal]] | date=March 4, 2022 | url-access=limited}}</ref><ref>{{Cite news | url=https://www.costar.com/article/229203174/cedar-realty-trust-sells-33-shopping-centers-for-879-million | title=Cedar Realty Trust Sells 33 Shopping Centers for $879 Million | first=Mark | last=Heschmeyer | work=[[CoStar Group]] | date=July 11, 2022 | url-access=subscription}}</ref>
In August 2022, Wheeler Real Estate Investment Trust acquired the company.<ref>{{Cite press release | url=https://www.accesswire.com/713093/wheeler-real-estate-investment-trust-inc-and-cedar-realty-trust-inc-announce-completion-of-merger | title=Wheeler Real Estate Investment Trust, Inc. and Cedar Realty Trust, Inc. Announce Completion of Merger | publisher=
==References==
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