September 30, 2016 9:37 AM ET

Equity Real Estate Investment Trusts (REITs)

Company Overview of InvenTrust Properties Corp.

Company Overview

Inland American Real Estate Trust Inc. is a privately owned investment manager. The firm provides its services to high net worth individuals, pension and profit-sharing plans, real estate operating companies, trusts, retirement plans, IRA plans, and other employee benefit plan. It engages in acquiring and managing a diversified portfolio of commercial real estate. The firm’s portfolio includes retail properties, multi-family, office, and industrial buildings in the United States and Canada. Inland American Business Manager and Advisor, Inc. serve as a manager to the company. Inland American Real Estate Trust was founded on October 4, 2004 and is based in Oak Brook, Illinois.

2809 Butterfield Road

Suite 360

Oak Brook, IL 60523

United States

Founded in 2004

362 Employees

Phone:

855-377-0510

Key Executives for InvenTrust Properties Corp.

Chief Executive Officer, President, and Director
Age: 61
Total Annual Compensation: $700.0K
Chief Financial Officer, Chief Investment Officer, Principal Accounting Officer, Executive Vice President and Treasurer
Age: 39
Total Annual Compensation: $395.0K
Chief Executive Officer of Xenia Hotels & Resorts and President of Xenia Hotels & Resorts
Age: 46
Total Annual Compensation: $557.4K
President of University House Communities Group Inc
Age: 41
Total Annual Compensation: $375.0K
Executive Vice President, General Counsel and Secretary
Age: 56
Total Annual Compensation: $395.0K
Compensation as of Fiscal Year 2015.

InvenTrust Properties Corp. Key Developments

InvenTrust Properties Corp. Approves Annual Distribution, Payable on October 6, 2016

On September 19, 2016, the board of directors of InvenTrust Properties Corp. approved a reduction to the Company’s annual distribution rate from $0.13 per share of common stock to $0.0675 per share of common stock. The adjustment to the distribution rate equates to a 2016 calendar year total distribution of $0.09875 per share. The reduction in the distribution rate will be effective for the October 2016 distribution payable to all stockholders of record on September 30, 2016. Distributions payable to each stockholder of record will be paid on October 6, 2016 in the amount of $0.016875 per share.

Inventrust Properties Closes USD 27.65 Million Acquisition of Windward Commons

InvenTrust Properties Corp. has acquired Alpharetta, Georgia-based 99% occupied, 117,234 square foot Kroger-anchored retail centre Windward Commons for USD 27.65 million. Windward Commons is located approximately 29 miles north of Atlanta's central business district.

InvenTrust Properties Corp. Announces Acquisition of Old Grove Marketplace in Oceanside, CA

InvenTrust Properties Corp. announced that it has acquired Old Grove Marketplace, a 91% leased, 81,279 square foot grocery anchored community center located in Oceanside, California, for approximately $23.25 million.

Similar Private Companies By Industry

Company Name Region
American Realty Capital Hospitality Trust, Inc. United States
Arden Realty LP United States
Blackstone Real Estate Income Trust, Inc. United States
Camden Summit Partnership, L.P. United States
FSP Innsbrook Corp. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 1, 2016
Windward Commons in Alpharetta, Georgia
Merger/Acquisition
August 29, 2016
Old Grove Marketplace In Oceanside, CA
Merger/Acquisition
July 21, 2016
Pointe at Creedmoor
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact InvenTrust Properties Corp., please visit www.inland-american.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.