Company Overview - Kite Realty Group operates approximately 180 properties across 24 states, primarily in the Sunbelt region, with 80% of its properties featuring a grocery component [2]. Financial Position - The company boasts a strong balance sheet with a net debt to EBITDA ratio of 5.1x and over $1 billion in liquidity, alongside a well-staggered maturity ladder [3]. Strategic Focus - Kite Realty's strategic focus is twofold: leveraging strong tenant demand and leasing across its portfolio, which is currently at historical levels [3]. - The company is at the beginning of its absorption tailwinds, with an expected increase in leasing activity anticipated to materialize in late 2026 into 2027, while many peers are already experiencing the later stages of their absorption tailwinds [4].