IRET

4/A - INVESTORS REAL ESTATE TRUST (0000798359) (Issuer)

4/A - INVESTORS REAL ESTATE TRUST (0000798359) (Issuer)

4/A - INVESTORS REAL ESTATE TRUST (0000798359) (Issuer)

4 - INVESTORS REAL ESTATE TRUST (0000798359) (Issuer)

4 - INVESTORS REAL ESTATE TRUST (0000798359) (Issuer)

4 - INVESTORS REAL ESTATE TRUST (0000798359) (Issuer)

MINNEAPOLIS, Nov. 2, 2020 /PRNewswire/ -- IRET (NYSE: IRET) announced today its financial and operating results for the quarter ended September 30, 2020. The tables below show Net Income, Funds from Operations ("FFO"), and Core FFO, all on a per share basis, for the three and nine months ended September 30, 2020; Same-Store Revenues, Expenses, and Net Operating Income ("NOI") over comparable periods; and Same-Store Weighted-Average Occupancy for the three months ended September 30, 2020, June 30, 2020, and September 30, 2019. Three Months Ended September 30, Nine Months Ended September 30, Per Share 2020 2019 2020 2019 Net Income - diluted $ 1.38 $ 2.54

MINNEAPOLIS, Sept. 22, 2020 /PRNewswire/ -- IRET (NYSE: IRET) announced today it has acquired Parkhouse Apartment Homes in Thornton, Colorado, for an aggregate purchase price of $144,750,000. Parkhouse, constructed in 2016, consists of 465 homes on 24.2 acres of land. Located in north metro Denver, Parkhouse provides convenient access to major employment centers and robust retail offerings. This announcement comes on the heels of IRET's sale of four assets in Grand Forks, ND consisting of 690 homes for an aggregate sale price of $42.5 million. "We are excited to continue our growth in Denver and advance improvements in the quality of our portfolio. This acquisition balances our existing