This distribution will be payable September 30, 2013 to Series A preferred shareholders of record at the close of business on September 16, 2013. Series A preferred share distributions are cumulative and payable quarterly in arrears at an annual rate of $2.0625 per share. Series B preferred share distributions are cumulative and payable quarterly in arrears at an annual rate of $1.9875 per share. About Investors Real Estate Trust Investors Real Estate Trust is an equity real estate investment trust. Its business consists of owning and operating income-producing multi-family residential and commercial properties located primarily in the upper Midwest.
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Real estate investors are optimistic about housing market
I would expect investor activity to stay fairly strong company website in this area but I think demand for rentals will slow a bit as home prices increase. I also think rehabbers and home flippers will face stiff competition and less opportunity. Im already seeing that in my business. Im getting tighter on my budgets and spending more time and money to find viable projects. If interest rates stay low and prices continue to rise, investors will likely move to land development, commercial real estate or possibly other markets.
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