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Rex Carlson
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Roger Domres
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Darla Iverson
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Jackie Duke
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Peter J. Winger
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Brent Grosche
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| The Company |
INREIT was officially formed on November 1, 2002. At that point, the Golden Estate independent living facility in Williston, ND, was purchased with funds from the original ten shareholders. We first sold shares to the public in January, 2003, as part of our $2 million offering. That offering was expanded to $5 million later in the year.
INREIT Properties, LLLP, was formed during 2003 to act as our operating partnership and to allow the Company to acquire appreciated real property and to provide recognition of gain by the owners. All of our properties are held by INREIT Properties, LLLP, for which INREIT acts as the General Partner. |
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