InvenTrust Properties CEO says REIT Focused on Refining Operations

Thomas McGuinness, president and CEO of InvenTrust Properties Corp., joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

InvenTrust is a public non-listed REIT that focuses on open air retail and student housing real estate. The company became self-managed last year, spun off its lodging platform in February and adopted a new name in April. InvenTrust was formerly known as Inland American Real Estate Trust, Inc.

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InvenTrust Focusing on Retail and Student Housing Real Estate

With a new name and a pared-down portfolio, InvenTrust Properties Corp. plans to continue to shed assets as it narrows its focus down to its two primary sectors of open air retail and student housing real estate.

InvenTrust announced in April that it was changing its name from Inland American Real Estate Trust, Inc., after becoming self-managed in 2014. The name change also followed the spin-off of its Xenia Hotels & Resorts, Inc. (NYSE: XHR) lodging platform in February.

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