Robust ND property investment roots
It all began with 10 bold investors. INREIT Real Estate Investment Trust (REIT) was formed in November 2002 when the original 10 shareholders of Golden Estates Independent Living in Williston, N.D., re-purchased the property. Shares were first sold to the public in January 2003, as part of an initial $2 million offering. By January 2004, that offering had more than doubled to $5 million.
INREIT continued expanding its properties and now acquires, owns and manages over $350 million of high quality multi-family housing, assisted living facilities, medical office and retail properties. See our investment properties.
Current public real estate investment opportunities
Today, INREIT is guided by its mission, vision and investment objectives, operated by a Board of Trustees and advised by an INREIT Management team (our Advisors).
The mission of INREIT is to consistently increase the value of our diversified investment portfolio through aggressive research and analysis of potential acquisitions.
INREIT will strive to make sound investment decisions while committing to the pursuit of increasing shareholder value. We will continue to focus on property in the Midwest where we currently hold the majority of our portfolio.
Our continued growth and success will be obtained through the loyal support of our shareholders, directors and advisors.
Investment Objectives
INREIT is designed for investors looking for current income, potential long-term growth and portfolio diversification with these objectives:
- Current income - provide quarterly cash distributions to investors.
- Capital appreciation - provide a return resulting from an appreciation in the value of the properties we acquire by balancing cost of capital and shareholder equity to generate funds from operations (FFO) that provides strong dividend coverage.
- Security - establish and maintain a high-quality portfolio managed by a team of experts.