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Ramco-Gershenson Properties Trust- (RPT)-engages in the ownership, development, acquisition, management, and leasing of community shopping centers, single tenant retail properties, and one regional mall in the Midwestern, Southeastern, and Mid-Atlantic regions of the United States. As of December 31, 2007, the company owned interests in 89 shopping centers, which included 65 community centers, 21 power centers, 2 single tenant retail properties, and 1 enclosed regional mall. The company was founded in 1988 and is based in Farmington Hills, Michigan. As a REIT, capital gains are accounted for differently, so please consult with a tax advisor.
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