Name | Value |
---|---|
Revenues | 64.1M |
Cost of Revenue | 19.9M |
Gross Profit | 44.2M |
Operating Expense | 37.9M |
Operating I/L | -57.4M |
Other Income/Expense | 2.5M |
Interest Income | 9.6M |
Pretax | -0.8M |
Income Tax Expense | 10.3M |
Net Income/Loss | -0.8M |
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.