OAK BROOK, Ill., Jan. 20, 2017 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI or the "Company") today announced tax allocations of 2016 dividend distributions on its shares of Class A Common Stock and 7.00% Series A Cumulative Redeemable Preferred Stock.

For shareholders of RPAI Class A Common Stock and 7.00% Series A Cumulative Redeemable Preferred Stock, the Form 1099-DIV summarizes the allocation of the cash dividends paid in 2016. The amounts indicated on the Form 1099-DIV should be reported on the shareholders' 2016 federal income tax returns. The schedule below, presented on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.

Investors are advised to consult a legal or tax professional about the specific tax treatment of distributions paid by the Company during 2016.

Class A Common Stock (NYSE: RPAI) CUSIP: 76131V202



     Record Date Payment Date        Distribution Per Share ($)  Ordinary Dividends ($)      Non-Dividend Distributions ($)
     ----------- ------------         -------------------------   ---------------------       -----------------------------

      12/23/2015            1/8/2016                  $0.1656250                  $0.1123820                        $0.0532430
      ----------            --------                  ----------                  ----------                        ----------

      3/28/2016             4/8/2016                  $0.1656250                  $0.1123820                        $0.0532430
      ---------             --------                  ----------                  ----------                        ----------

      6/27/2016             7/8/2016                  $0.1656250                  $0.1123820                        $0.0532430
      ---------             --------                  ----------                  ----------                        ----------

      9/26/2016            10/7/2016                  $0.1656250                  $0.1123820                        $0.0532430
      ---------            ---------                  ----------                  ----------                        ----------

                    Total:                            $0.6625000                  $0.4495280                        $0.2129720
                    ------                            ----------                  ----------                        ----------

7.00% Series A Cumulative Redeemable Preferred Stock (NYSE: RPAI-PA) CUSIP: 76131V608



     Record Date Payment Date         Distribution Per Share ($)  Ordinary Dividends ($)    Non-Dividend Distributions ($)
     ----------- ------------          -------------------------   ---------------------     -----------------------------

      3/21/2016             3/31/2016                   $0.437500                 $0.437500                         $0.000000
      ---------             ---------                   ---------                 ---------                         ---------

      6/20/2016             6/30/2016                   $0.437500                 $0.437500                         $0.000000
      ---------             ---------                   ---------                 ---------                         ---------

      9/20/2016             9/30/2016                   $0.437500                 $0.437500                         $0.000000
      ---------             ---------                   ---------                 ---------                         ---------

      12/20/2016           12/30/2016                   $0.437500                 $0.437500                         $0.000000
      ----------           ----------                   ---------                 ---------                         ---------

                    Total:                              $1.750000                 $1.750000                         $0.000000
                    ------                              ---------                 ---------                         ---------

This release is based on the preliminary results of work on the Company's tax filings and is subject to correction or adjustment when the filings are completed. The Company is releasing information at this time to aid those required to distribute Forms 1099 on the Company's distributions.

About RPAI
Retail Properties of America, Inc. is a REIT and is one of the largest owners and operators of high quality, strategically located shopping centers in the United States. As of September 30, 2016, the Company owned 174 retail operating properties representing 26.5 million square feet. The Company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI. Additional information about the Company is available at www.rpai.com.

Contact Information
Michael Fitzmaurice, VP - Capital Markets & Investor Relations
Retail Properties of America, Inc.
630-634-4233

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SOURCE Retail Properties of America, Inc.