Name | Value |
---|---|
Revenues | 59.3M |
Cost of Revenue | 19.3M |
Gross Profit | 40.0M |
Operating Expense | 34.0M |
Operating I/L | 7.2M |
Other Income/Expense | -7.3M |
Interest Income | 0.0M |
Pretax | -0.1M |
Income Tax Expense | 8.6M |
Net Income/Loss | -8.8M |
InvenTrust Properties Corp. is a multi-tenant retail REIT specializing in owning, leasing, redeveloping, acquiring, and managing grocery-anchored neighborhood centers and power centers with a grocery component. Their focus is on Sun Belt markets with favorable demographics. The company generates revenue by investing in grocery-anchored centers with essential retail in their current markets, exhibiting focused and disciplined capital allocation.