Investors Real Estate Trust (IRET) 6.61 $IRET Investors

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Investors Real Estate Trust (IRET) 6.61 $IRET

Investors Real Estate Trust Announces Authorization of Redemption of 8.25% Series A Cumulative Redeemable Preferred Shares and Distributions for the Second Quarter of Fiscal Year 2017
PR Newswire - Thu Sep 01, 3:40PM CDT
Investors Real Estate Trust (NYSE: IRET) (NYSE: IRET PR) (NYSE: IRET PRB), a real estate investment trust focused on the acquisition, development, redevelopment and management of multifamily communities located primarily in select growth markets throughout the Midwest, today announced that its Board of Trustees has authorized the redemption of some or all of its 1,150,000 outstanding shares of 8.25% Series A Cumulative Redeemable Preferred Shares (NYSE: IRET PR) (the "Preferred A Shares" from time to time, but no later than by December 31, 2016. Each redemption date and the number of shares to be redeemed will be determined by IRET, and may be contingent upon the occurrence of certain events. This authorization does not obligate IRET to redeem any particular amount of shares and the specifics of any particular redemption will be disclosed by IRET, as applicable, in subsequent press releases.
IRET: 6.61 (+0.09)

Investors Real Estate to Sell Senior Housing Properties
Zacks Equity Research - Zacks Investment Research - Thu Sep 01, 7:19AM CDT
Investors Real Estate Trust (IRET) has entered into six separate deals to dispose senior housing properties for $236 million.
CTRE: 15.25 (+0.46), ABR: 7.79 (+0.07), IRET: 6.61 (+0.09), ARE: 111.85 (+1.86)

Investors Real Estate Trust Announces Planned Dispositions of Senior Housing Properties for $236.0 Million
PR Newswire - Wed Aug 31, 3:40PM CDT
Investors Real Estate Trust (NYSE: IRET) (NYSE: IRETPR) (NYSE: IRETPRB) (the "Company", a real estate investment trust focusing on the acquisition, development, redevelopment and management of multifamily communities located primarily in select growth markets throughout the Midwest, today announced that it has entered into six separate sales agreements with several affiliates of Edgewood Senior Living for the planned disposition of 26 of the Company's senior housing properties, and one multifamily property, for a total of approximately $236.0 million. Affiliates of the buyers currently lease 25 of the 26 senior housing properties from the Company. The Company expects these sales to close in calendar 2017. These sales are in addition to the previously-announced exercise of purchase options by affiliates of the buyers, who are current tenants, to purchase 8 senior housing properties the Company owns in Idaho for a total of approximately $43.5 million. If all of these transactions close, the Company will have completely disposed of its senior housing portfolio for a total of approximately $279.5 million.
IRET: 6.61 (+0.09)

Research Reports on Select REIT Stocks -- Lexington Realty Trust, Cyrusone, National Retail Properties, and Investors Real Estate Trust
PR Newswire - Mon Aug 29, 7:05AM CDT
Today's pre-market research on Stock-Callers.com is directed to the following Diversified REITs: Lexington Realty Trust (NYSE: LXP), Cyrusone Inc. (NASDAQ: CONE), National Retail Properties Inc. (NYSE: NNN), and Investors Real Estate Trust (NYSE: IRET). According to NASDAQ, REITs could gain momentum, as Real Estate will exit from the Financials to become its own S&P 500 sector at the end of this month. These stocks research reports can be downloaded now by simply registering for free at:
LXP: 10.86 (+0.13), IRET: 6.61 (+0.09), NNN: 50.82 (+0.90), CONE: 50.83 (+0.25)

Investors Real Estate Trust Announces Fiscal 1st Quarter 2017 Earnings Conference Call
PR Newswire - Thu Aug 25, 3:05PM CDT
Investors Real Estate Trust (NYSE:IRET) (NYSE:IRETPR) (NYSE:IRET PRB) has scheduled a conference call for Friday, September 9, 2016 at 10:00 a.m. Eastern Time to discuss the Company's first quarter 2017 financial and operating results.
IRET: 6.61 (+0.09)

Investors Real Estate Trust Hires Mark Decker, Jr. As President And Chief Investment Officer
PR Newswire - Mon Aug 08, 7:40AM CDT
Investors Real Estate Trust (NYSE: IRET) (NYSE: IRETPR) (NYSE: IRETPRB), a self-administered, equity real estate investment trust investing in income-producing properties located primarily in the upper Midwest, today announced that the Company has hired Mark Decker Jr. as its new President and Chief Investment Officer, effective Monday, August 8, 2016. Mr. Decker will replace Timothy P. Mihalick as President, but Mr. Mihalick will continue to serve as the Chief Executive Officer, providing strategic leadership and vision for the Company.
IRET: 6.61 (+0.09)

Investors Real Estate Trust Announces Strategic Intention To Focus Portfolio On Multifamily
PR Newswire - Mon Jun 06, 8:30AM CDT
Investors Real Estate Trust (NYSE: IRET) (NYSE: IRETPR) (NYSE: IRETPRB), a self-administered, equity real estate investment trust investing in income-producing properties located primarily in the upper Midwest, today announced its intention to sell all Healthcare and Industrial properties, which the Company considers no longer core to its strategy. The Company expects that these dispositions will streamline its portfolio strategy, allowing management to focus on growing the scalable Multifamily operating platform. Proceeds from these sales will be directed into the Company's Multifamily segments and other strategic capital allocation initiatives.
IRET: 6.61 (+0.09)

Investors Real Estate Trust Announces Distributions for the First Quarter of Fiscal Year 2017 and Announces Date of 2016 Annual Shareholder Meeting
PR Newswire - Thu Jun 02, 3:05PM CDT
Investors Real Estate Trust (NYSE: IRET) (NYSE: IRET PR) (NYSE: IRET PRB) today announced that its Board of Trustees has declared a regular quarterly distribution of $0.13 per share/unit, payable on July 1, 2016 to common shareholders and unitholders of record at the close of business on June 15, 2016.
IRET: 6.61 (+0.09)

Land and Buildings Issues Presentation Highlighting Substantial Downside to Investors Real Estate Trust
BusinessWire - Wed Apr 27, 8:30AM CDT
--- Believes dividend should be reduced by half and earnings estimates cut to reflect 50% decline in rents at some of IRET's properties and poor capital allocation decisions -
IRET: 6.61 (+0.09)

Investors Real Estate Trust Adds Two Independent Trustees to Board of Trustees
PR Newswire - Wed Apr 20, 3:25PM CDT
Investors Real Estate Trust (NYSE: IRET) (NYSE: IRETPR) (NYSE: IRETPRB), a self-administered, equity real estate investment trust investing in income-producing properties located primarily in the upper Midwest, today announced that Michael T. Dance and John A. Schissel have been appointed to the Company's Board of Trustees, effective April 19, 2016. Mr. Dance will serve on the Audit and Investment Committees, and Mr. Schissel will serve on the Compensation and Investment Committees.
IRET: 6.61 (+0.09)

Investors Real Estate Trust Announces Sale of Healthcare Facility for $24.3 Million
PR Newswire - Mon Apr 04, 3:05PM CDT
Investors Real Estate Trust (NYSE: IRET) (NYSE: IRETPR) (NYSE: IRETPRB), a self-administered, equity real estate investment trust investing in income-producing properties located primarily in the upper Midwest, today announced the sale of Nebraska Orthopaedic Hospital, a healthcare facility in Omaha, Nebraska for $24.3 million to the in-place tenant.
IRET: 6.61 (+0.09)

Investors Real Estate Buys Rochester Portfolio for $72.5M
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 9:50AM CDT
Investors Real Estate Trust (IRET) has shelled out $72.5 million for acquisition of a 393-unit luxury townhome portfolio in Rochester, MN.
IRET: 6.61 (+0.09), PSA: 226.79 (+0.68), PSB: 113.13 (+2.42), CLI: 28.52 (+0.68)

Investors Real Estate Trust Acquires Multifamily Portfolio for $72.5 Million
PR Newswire - Mon Mar 28, 3:05PM CDT
Investors Real Estate Trust (NYSE: IRET) (NYSE: IRETPR) (NYSE: IRETPRB), a self-administered, equity real estate investment trust investing in income-producing properties located primarily in the upper Midwest, today announced the acquisition of a 393-unit luxury townhome portfolio in Rochester, Minnesota for $72.5 million and the disposition of a student housing portfolio located in St. Cloud, Minnesota for $5.6 million.
IRET: 6.61 (+0.09)

Falling Earnings Estimates Signal Weakness Ahead for Investors Real Estate Trust (IRET)
Zacks Equity Research - Zacks Investment Research - Wed Dec 30, 7:55AM CST
Investors Real Estate Trust has an unfavorable Zacks Rank and the stock has been witnessing a significant price decline and negative earnings estimate revisions
CCI: 96.06 (+1.31), IRET: 6.61 (+0.09)

KBW Announces Index Rebalancing for Fourth-Quarter 2015
BusinessWire - Fri Dec 11, 8:00PM CST
Keefe, Bruyette & Woods, Inc., a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for fourth quarter of 2015.
FSP: 12.85 (+0.17), GHL: 22.36 (-0.17), MHLD: 13.69 (+0.07), TRST: 7.15 (+0.01), HR: 35.43 (+0.45), CSG: 7.74 (+0.26), BOH: 72.75 (+1.08), CFR: 73.62 (+1.20), SUI: 77.06 (+0.56), MITT: 16.01 (+0.33), ANH: 4.92 (+0.05), MFA: 7.79 (+0.09), RESI: 11.14 (+0.20), SIVB: 111.68 (+0.69), AJG: 49.99 (+0.57), CLNY: 18.69 (+0.34), WMC: 10.74 (+0.22), ORI: 19.25 (+0.13), NAVI: 14.48 (+0.10), PRK: 96.49 (+1.49), NPBC: 10.72 (+0.08), IVR: 15.93 (+0.30), RSO: 13.44 (+0.18), AHH: 14.21 (+0.37), NYCB: 15.36 (+0.28), UHT: 62.60 (+1.03), IRT: 9.60 (+0.13), FNFG: 10.18 (-0.02), NNN: 50.82 (+0.90), KRG: 28.96 (+0.22), OFC: 28.83 (+0.33), AHT: 6.82 (+0.06), VLY: 9.75 (+0.13), NRZ: 14.45 (+0.17), GLPI: 34.47 (+0.30), UMPQ: 16.34 (+0.08), STWD: 23.15 (+0.25), VIRT: 16.27 (-0.19), WPG: 13.85 (+0.06), GEO: 20.85 (+1.17), APTS: 13.93 (+0.18), VER: 10.45 (+0.11), GNL: 8.45 (+0.16), UBA: 23.06 (+0.30), MNR: 14.50 (+0.42), AI: 15.09 (+0.25), AIG: 59.86 (+0.45), ADC: 48.35 (+0.67), HIW: 53.53 (+0.47), PEI: 24.80 (+0.10), SAFT: 67.81 (+1.11), BX: 26.88 (-0.05), OLP: 24.93 (+0.64), PACW: 43.60 (+0.47), DCOM: 18.02 (+0.20), CLI: 28.52 (+0.68), UBNK: 14.00 (+0.12), WSR: 14.52 (+0.09), FNB: 12.47 (+0.03), SRC: 13.33 (+0.10), OZRK: 39.66 (+0.36), FMER: 21.61 (+0.37), PMT: 15.38 (+0.35), INN: 13.94 (-0.22), SNR: 12.44 (+0.10), ARR: 22.36 (+0.15), BDN: 16.44 (+0.44), CCP: 30.30 (+0.41), CHCO: 50.49 (+0.01), WDR: 18.47 (+0.43), CHCT: 22.95 (-0.04), RPT: 19.34 (+0.17), SF: 38.92 (+0.23), APAM: 26.02 (+0.33), HCN: 76.70 (+0.27), HPT: 30.55 (+0.47), UBSI: 39.23 (+0.29), CMO: 10.05 (+0.16), NLY: 10.89 (+0.18), WRE: 32.75 (+0.43), IRET: 6.61 (+0.09), CIM: 16.76 (+0.30), CXW: 16.05 (+0.41), GOOD: 18.41 (+0.43), OHI: 36.63 (+0.50), LPT: 41.82 (+0.94), FPO: 10.38 (+0.34), NSAM: 12.65 (+0.24), AMTG: 13.64 (+0.01)

Investors Real Estate Trust reports 2Q results
Automated Insights - Thu Dec 10, 3:58PM CST
MINOT, N.D. (AP) _ Investors Real Estate Trust (IRET) on Thursday reported a key measure of profitability in its fiscal second quarter.
IRET: 6.61 (+0.09)

Investors Real Estate Trust Reports Second Quarter Fiscal 2016 Financial and Operating Results
PR Newswire - Thu Dec 10, 3:45PM CST
Investors Real Estate Trust (NYSE:IRET) (NYSE:IRETPR) (NYSE:IRETPRB) today reported financial and operating results for the three months ended October 31, 2015.
IRET: 6.61 (+0.09)

Investors Real Estate Trust announces common and series A and B distributions for quarter
M2 - Fri Dec 04, 3:40AM CST
The board of directors of Investors Real Estate Trust (NYSE:IRET) (NYSE:IRET PR) (NYSE:IRET PRB) authorised regular quarterly common stock distribution of USD0.1300 per share/unit, unchanged from the previous quarter, the company declared on Thursday.
IRET: 6.61 (+0.09)

Investors Real Estate Trust Declares Regular Quarterly Common Share Distribution, and Declares Series A and Series B Preferred Share Distributions
PR Newswire - Thu Dec 03, 3:49PM CST
Investors Real Estate Trust (NYSE: IRET) (NYSE: IRET PR) (NYSE: IRET PRB) announced today that its Board of Trustees declared on December 3, 2015, a regular quarterly distribution of $0.1300 per share/unit payable on January 15, 2016 to common shareholders and unitholders of record at the close of business on January 4, 2016.
IRET: 6.61 (+0.09)

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