InvenTrust

Downers Grove, IL, United States Real Estate Public

InvenTrust Properties Corp. (NYSE: IVT) is a Sun Belt-focused, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers. Headquartered in Downers Grove, Illinois, the company owns approximately 62 retail properties totaling roughly 10.3 million square feet of gross leasable area. Originally formed in 2004 as Inland American Real Estate Trust, Inc., a nontraded REIT sponsored by the Inland Real Estate Investment Corporation, the company spun off its lodging platform as Xenia Hotels & Resorts in 2014, rebranded as InvenTrust Properties Corp. in 2015, spun off its student housing platform (University House Communities Group) in 2016, and refocused exclusively on Sun Belt retail. On October 12, 2021, InvenTrust completed a direct listing on the New York Stock Exchange under the ticker IVT.

Public Company

InvenTrust is publicly traded

IPO'd on August 5, 2005

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2004

Employees

90–110

Total Funding

Public company (NYSE: IVT) since October 12, 2021; prior nontraded REIT capital was raised in registered public offerings from 2005-2009.

Prominent Investors

bofaml.com U.S. Bank Private Wealth Management Fifth Third Bancorp firsthorizon.com pinnbank.com Wells Fargo Securities, LLC United Bank Pinnacle Bank First Horizon PNC Capital Markets LLC Bof A Securities, Inc. Key Banc Capital Markets, Inc. Wells Fargo Securities, LLC Key Banc Capital Markets Inc. JPMorgan Chase Bank, N.A.

Leadership

  • DJ Busch

    President & Chief Executive Officer

  • Michael E. Podboy

    Executive Vice President, Chief Financial Officer, Chief Investment Officer & Treasurer

  • Christy David

    Executive Vice President, Chief Operating Officer & General Counsel

  • Dave Heimberger

    Senior Vice President & Chief Investment Officer

  • Dan Lombardo

    Vice President, Investor Relations

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Phillips Edison & Company

    Grocery-anchored shopping center REIT (NASDAQ: PECO); the closest pure-play comparable to InvenTrust by format and tenant mix.

  • Kimco Realty

    Largest U.S. open-air, grocery-anchored shopping center REIT (NYSE: KIM); a scaled peer with significant Sun Belt exposure.

  • Brixmor Property Group

    National open-air shopping center REIT (NYSE: BRX) focused on grocery-anchored community and neighborhood centers.

  • Regency Centers

    Premier national grocery-anchored shopping center REIT (NASDAQ: REG); peer in suburban essential retail.

  • Kite Realty Group

    Sun Belt-weighted open-air shopping center REIT (NYSE: KRG); direct peer by geography and asset class.

  • Federal Realty Investment Trust

    Blue-chip retail REIT (NYSE: FRT) specializing in high-quality, densely populated grocery-anchored and mixed-use centers.

InvenTrust Investment FAQ

InvenTrust FAQ

InvenTrust Properties is publicly traded on the New York Stock Exchange under the ticker IVT. Shares commenced trading via a direct listing at the open on October 12, 2021, with no underwritten capital raise; the company incurred approximately $16.6 million in advisory fees related to the listing. The listing followed a strategic transformation from the former Inland American nontraded REIT, including the 2014 spin-off of Xenia Hotels & Resorts, the 2015 rebrand to InvenTrust, and the 2016 spin-off of University House Communities Group.

InvenTrust shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

InvenTrust went public in August 5, 2005 via ipo. InvenTrust Properties is publicly traded on the New York Stock Exchange under the ticker IVT. Shares commenced trading via a direct listing at the open on October 12, 2021, with no underwritten capital raise; the company incurred approximately $16.6 million in advisory fees related to the listing. The listing followed a strategic transformation from the former Inland American nontraded REIT, including the 2014 spin-off of Xenia Hotels & Resorts, the 2015 rebrand to InvenTrust, and the 2016 spin-off of University House Communities Group.

InvenTrust raised Public company (NYSE: IVT) since October 12, 2021; prior nontraded REIT capital was raised in registered public offerings from 2005-2009. across 0 disclosed funding rounds prior to its public listing.

InvenTrust is headquartered in Downers Grove, IL, United States.

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