Name | Value |
---|---|
Revenues | 65.2M |
Cost of Revenue | 19.9M |
Gross Profit | 45.3M |
Operating Expense | 34.5M |
Operating I/L | 10.6M |
Other Income/Expense | -9.7M |
Interest Income | 9.5M |
Pretax | 1.1M |
Income Tax Expense | 9.5M |
Net Income/Loss | -8.4M |
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.