Investors Real Estate Trust
12 Main Street South
Minot,
ND 58701
United States - Map
Phone: 701-837-4738
Fax: 701-838-7785
Web Site: http://www.iret.com
| Investors Real Estate Trust, a real estate investment trust (REIT), engages in the ownership and operation of income-producing real estate properties in the United States. It owns multi-family residential properties and commercial office, medical, industrial, and retail properties located primarily in the upper midwest states of Minnesota and North Dakota. As of April 30, 2008, the company operated a real estate portfolio of 72 multi-family residential; 65 office; 48 medical; 17 industrial; and 33 retail properties. Investors Real Estate Trust has elected to be taxed as a REIT under the Internal Revenue Code of 1986. As a REIT, the trust is not subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1970 and is headquartered in Minot, North Dakota with additional offices in Minneapolis, Minnesota, and Omaha, Nebraska; and Kansas City, Kansas, and St. Louis, Missouri. |
|
| Key Statistics |
| |
| | Pay | Exercised | Mr. Timothy P. Mihalick , 50
Chief Exec. Officer, Pres, Trustee, Member of Exec. Committee and Member of Non-Independent Management Trustees Committee |
$
387.00K | N/A | Mr. Thomas A. Wentz Sr., 73
Founder, Chief Investment Officer, Sr. VP, Member of Non-Independent Management Trustees Committee and Member of Investment Committee |
$
308.00K | N/A | Ms. Diane K. Bryantt , 45
Chief Financial Officer, Principal Accounting Officer and Sr. VP |
$
198.00K | N/A | Mr. Thomas A. Wentz Jr., 42
Chief Operating Officer, Sr. VP and Trustee |
$
322.00K | N/A | Mr. Michael A. Bosh , 38
Sr. VP and Gen. Counsel |
$
178.00K | N/A |
|
|
|
Dollar amounts are as of
31-Dec-09
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
| |
|
0.23% Nasdaq 
Profile
