Financing ·
On June 29, 2026, Curbline Properties Corp. and its Operating Partnership entered into an underwriting agreement with…
CURBCurbline Properties Corp.
On June 29, 2026, Curbline Properties Corp. and its Operating Partnership entered into an underwriting agreement with Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC for the forward sale of 10,000,000 shares of common stock. The offering closed on July 1, 2026, and includes an underwriter option to purchase up to 1,500,000 additional shares for 30 days. The company will deliver the shares to forward purchasers within approximately 18 months in exchange for cash proceeds. Net proceeds are intended for general corporate purposes, including property acquisitions, working capital, capital expenditures, and debt repayment. The company operates in the real estate industry as a property owner and manager.