-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NOpDHNaedVGt7W9vXlG6d9oronStq2UTRAAzEofLx9qVLZZfgCMyaDYABjNJvMru C13y8BaIzqHW57B9zZzXkw== 0000891092-03-002136.txt : 20030814 0000891092-03-002136.hdr.sgml : 20030814 20030813181909 ACCESSION NUMBER: 0000891092-03-002136 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030813 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CEDAR SHOPPING CENTERS INC CENTRAL INDEX KEY: 0000761648 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 421241468 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-14510 FILM NUMBER: 03842836 BUSINESS ADDRESS: STREET 1: 44 SOUTH BAYLES AVENUE CITY: PORT WASHINGTON STATE: NY ZIP: 11050 BUSINESS PHONE: 5167676492 MAIL ADDRESS: STREET 1: 44 SOUTH BAYLES AVENUE CITY: PORT WASHINGTON STATE: NY ZIP: 11050 FORMER COMPANY: FORMER CONFORMED NAME: CEDAR INCOME FUND LTD /MD/ DATE OF NAME CHANGE: 20001128 FORMER COMPANY: FORMER CONFORMED NAME: UNI INVEST USA LTD DATE OF NAME CHANGE: 20000407 FORMER COMPANY: FORMER CONFORMED NAME: CEDAR INCOME FUND LTD DATE OF NAME CHANGE: 19920703 8-K 1 e15503_8k.txt FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported) August 13, 2003 - -------------------------------------------------------------------------------- CEDAR SHOPPING CENTERS, INC. ------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Maryland 0-14510 42-1241468 - ----------------------------- ------------------ ------------------ (State or other jurisdiction (Commission (IRS Employer ID of incorporation) File Number) Number) 44 South Bayles Avenue, Port Washington, New York 11050 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (516) 767-6492 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 7. Financial Statements and Exhibits. (c) Exhibit Number Description -------------- ----------- 99 Press release dated August 13, 2003. Item 9. Regulation FD Disclosure On August 13, 2003, Cedar Shopping Centers, Inc. issued a press release announcing its operating results for the quarter ended June 30, 2003. A copy of the press release is furnished hereto as Exhibit 99. The information provided in this Current Report on Form 8-K is being furnished pursuant to Item 12, Results of Operations and Financial Condition. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CEDAR SHOPPING CENTERS, INC. By: /s/ Leo S. Ullman ---------------------------------- Name: Leo S. Ullman Title: Chairman and President Dated: August 13, 2003 2 EXHIBIT INDEX Exhibit Number Description Page - -------------- ----------- ---- 99 Press release dated August 13, 2003. 4 3 EX-99 3 e15503ex99.txt PRESS RELEASE Exhibit 99 Cedar Income Fund, Ltd. Announces Change of Name to Cedar Shopping Centers, Inc.; and Reports Second Quarter Results PORT WASHINGTON, N.Y., Aug. 13 /PRNewswire-FirstCall/ -- Cedar Income Fund, Ltd. has changed its name to Cedar Shopping Centers, Inc. At the same time, the name of the Operating Partnership of which the Company is the sole general partner, has been changed from Cedar Income Fund Partnership, L.P. to Cedar Shopping Centers Partnership, L.P. The Board of Directors and management determined that the change of names more accurately reflects the nature of the current operations and activities of the Company and of the Operating Partnership. The operations of the two entities are consolidated for accounting and reporting purposes (and are collectively referred to as the "Company"). The Company presently owns 14 properties, of which 13 are shopping centers. The Company reported a net loss for the quarter ended June 30, 2003 of $40,000 ($0.02 per share) compared to a net loss of $227,000 ($0.16 per share) during the corresponding period in 2002. For the six month period ended June 30, 2003, the Company incurred a net loss of $239,000 ($0.15 per share) compared to a net loss of $275,000 ($0.20 per share) for the six month period ended June 30, 2002. Total revenue for the three month and six month periods ended June 30, 2003 increased to $6,138,000 and $11,422,000 compared to $2,656,000 and $5,167,000 for the corresponding periods in 2002. Total assets of the Company on a consolidated basis with the Operating Partnership as of June 30, 2003 were $182,496,000 as compared to $133,138,000 as of December 31, 2002. Total shareholders' equity in the Company, plus the limited partner's 70% interest in the equity of the Operating Partnership and minority interests, were $31,858,000 as of June 30, 2003 compared to $24,372,000 as of December 31, 2002. The increases in assets and revenues were attributable primarily to the acquisition of the Valley Plaza (Hagerstown, MD) and general partnership interests in the Pine Grove Plaza (Pemberton Township, NJ) and Swede Square (East Norriton, PA) shopping centers during the second quarter and to the acquisition of the general partnership interests in three Giant supermarket-anchored centers in the Harrisburg, PA area during the first quarter of 2003. The net losses were primarily attributable to increases in interest expense and increased administrative, legal and accounting fees. Management contemplates further growth in assets and revenues as a result of additional acquisitions. Interested parties are urged to review the Company's 10-Q for more details. Cedar Shopping Centers, Inc. is a real estate investment trust administered by Cedar Bay Realty Advisors, Inc., Port Washington, New York, with investments primarily in multi-tenant supermarket-anchored shopping centers in eastern Pennsylvania and southern New Jersey. Shares of Cedar Shopping Centers, Inc. are currently traded on the NASDAQ (SmallCap) Stock Market under the symbol "CEDR". SOURCE Cedar Shopping Centers, Inc. -0- 08/13/2003 /CONTACT: Leo S. Ullman, President of Cedar Shopping Centers, Inc., +1-516-767-6492/ (CEDR) CO: Cedar Shopping Centers, Inc.; Cedar Income Fund, Ltd. ST: New York IN: RLT FIN REA SU: ERN -----END PRIVACY-ENHANCED MESSAGE-----