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Home > Company Index > Real Estate > REIT - Diversified & Misc. > Investors Real Estate Trust

Investors Real Estate Trust
Nasdaq (SC): IRETS
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 PROFILE
Investors Real Estate Trust is -- surprise! -- a real estate investment trust (REIT) that buys, builds, owns, and operates residential and commercial properties through limited partnerships. Apartments make up about 75% of the REIT's investment portfolio, which includes more than 50 complexes containing more than 7,000 units. Investors Real Estate Trust also owns retail properties, assisted-living facilities, and other properties. Investors Real Estate Trust operates primarily in North Dakota, with additional holdings in eight more states.

 COMPETITION
Apartment Investment and Management Company (AIV)
Archstone Communities Trust (ASN)
Crescent Real Estate Equities Company (CEI)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: April
2000 Sales (mil.): 55.90
1-Yr. Sales Growth: 33.7%
Employees: 1
Revenue per employee: $55,900,000.00

 KEY PEOPLE

• Michael J. Hale
    CFO

 CONTACT INFO
12 S. Main St.
Minot, ND 58701
US
Phone: 701-837-4738
Fax: 701-838-7785
Online: Web Site

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