Watch List (March 16) IRET Doubling Down on Multifamily in Oil-Shocked Upper Midwest
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Perhaps proving that investors can make money in any real estate market no matter how tough the conditions, Investors Real Estate Trust (IRET), a North Dakota-based publicly traded REIT, reported increased growth and profits for its nine-month period ended Jan. 31, 2016. Despite its strong recent run, the REIT said it is initiating a capital recycling and portfolio repositioning program with the goal of building a stronger operating platform with…
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