Equity Overview
Price & Market Data
Price: $10.50
Daily Change: -$0.48 / 4.57%
Range: $0 - $0
Market Cap: $396,567,936
Volume: 0
Performance Metrics
1 Week: -4.37%
1 Month: -4.37%
3 Months: -2.63%
6 Months: -6.67%
1 Year: -6.25%
YTD: -1.83%
Company Details
Employees: -
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
The Company was formed on August 24, 2011 to acquire and manage a portfolio of commercial real estate investments located in the United States. The Company is primarily focused on acquiring and owning retail properties and targets a portfolio substantially all of which would be comprised of grocery-anchored properties. The Company has invested in joint ventures and may continue to invest in additional joint ventures or acquire other real estate assets if its management believes the expected returns from those investments exceed that of retail properties. The Company also may invest in real estate-related equity securities of both publicly traded and private real estate companies, as well as commercial mortgage-backed securities. The Company has no employees. The Company is managed by IREIT Business Manager & Advisor, Inc. (the Business Manager), an indirect wholly owned subsidiary of Inland Real Estate Investment Corporation (the Sponsor), pursuant to a Business Management Agreement with the Business Manager.