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IRET Executes Over $200 Million Worth of Deals in Quick Succession

Multifamily Investment Trust Buys Into Denver, Minneapolis, Bows Out of Topeka, Kansas

FreightYard Townhomes & Flats was one of the earliest apartment conversions in Minneapolis' chic North Loop neighborhood (CoStar)
FreightYard Townhomes & Flats was one of the earliest apartment conversions in Minneapolis' chic North Loop neighborhood (CoStar)

As Dorothy Gale once famously said, "We're not in Kansas anymore." As it happens, neither is Minneapolis-based commercial real estate firm Investors Real Estate Trust, which recently sold off all its holdings in Topeka, Kansas, to fund big-buck acquisitions in its hometown and suburban Denver.

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