Most of Investors Real Estate Trust's portfolio is located in the Midwest. The REIT has a presence in a wide range of assets but right now it is focusing on multifamily with an eye to recycling some of its assets in retail and industrial.
"As we look forward to the future, the industrial and retail properties are on the lower end of our totem pole, so to speak, so that led to that decision," says Timothy Mihalik, president and CEO of Investors Real Estate Trust.

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