Name | Value |
---|---|
Revenues | 64.7M |
Cost of Revenue | 18.7M |
Gross Profit | 46.0M |
Operating Expense | 36.3M |
Operating I/L | 10.5M |
Other Income/Expense | -7.6M |
Interest Income | 9.4M |
Pretax | 2.1M |
Income Tax Expense | 10.2M |
Net Income/Loss | 2.1M |
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.