Earnings ·
InvenTrust Properties Corp. reported second quarter 2026 results with Net Income of $1.4 million ($0.02 per diluted…
IVTInvenTrust Properties Corp.
InvenTrust Properties Corp. reported second quarter 2026 results with Net Income of $1.4 million ($0.02 per diluted share), a significant decline from $95.9 million in the prior year period driven by a $90.9 million gain on property sales recorded in Q2 2025 but not in 2026. Nareit FFO was $0.50 per diluted share and Core FFO was $0.48 per diluted share, both showing sequential growth. Same Property NOI increased 4.1% year-over-year to $48.5 million, while leased occupancy stood at 96.2%. The company executed 76 leases totaling approximately 464,000 square feet with a blended comparable lease spread of 8.5% and acquired three properties for $132.6 million. Additionally, InvenTrust completed a private placement of $250.0 million in senior notes due between 2029 and 2033 at interest rates ranging from 5.09% to 5.60%. The Board declared a quarterly cash distribution of $0.25 per share, payable on July 15, 2026. InvenTrust Properties Corp. is a Sun Belt-focused retail real estate investment trust that owns and manages grocery-anchored neighborhood centers and power centers.