Portfolio

 

 

Inland Real Estate Income Trust, Inc.

 

 

 

 

 

All data as of March 30, 2020

Portfolio Summary

Total Assets
$1,202,143,000
Debt to Total Assets*
53.9%
Total Number of Properties
44
Total Square Feet
6,470,347
Economic Occupancy1
94.0%
Physical Occupancy
93.6%
Distributions Paid YTD
$10,841,000
Annualized Distribution Rate2
0.0%
*Excludes mortgage premium and unamortized debt issuance costs

Property Diversification (Based on ABR)

 

Top 5 Tenants

Tenant Name % of Annualized Base Rent Credit Rating3
Kroger 3.6 BBB
T.J.Maxx/Home Goods/Marshalls 3.3 NR
Ross Dress for Less 2.6 A+
Albertsons/Jewel/Shaws 2.5 NR
Ulta 2.3 A-
Total 14.3%  

Debt Maturity & Principal Payments

  Mortgages and Credit Facility Payable
2020 $859,000
2021 $84,272,000
2022 $183,152,000
2023 $241,556,000
2024 $341,000
Thereafter $137,678,000
Total 647,858,000

Lease Maturity (Percent of Leases Expiring)

 

1 Economic occupancy is defined as the percentage of total gross leasable area for which a tenant is obligated to pay rent under the terms of its lease agreement, regardless of the actual use or occupation by that tenant of the area being leased.

2For the three months ended March 31, 2020, distributions paid were funded by cash flow from operations and cash on hand.

3Distributions have historically been payable quarterly and are generally based on the then-current estimated per share net asset value (NAV). The annualized rate for December 31, 2020 is based on the estimated per share NAV as of December 31, 2019 of $18.15. Distributions are not guaranteed and may be modified at any time. Due to the effects of the COVID-19 pandemic, the distribution originally payable to stockholders of record as of March 31, 2020, at an annualized rate of 5.0% has been rescinded. Please see Form 8-K dated May 27, 2020 for more information.

4These Standard & Poor’s (S&P) credit ratings express the agency’s opinion about the ability and willingness of a company to meet its financial obligations in full and on time. Credit-quality ratings are measured on a scale that generally ranges fromAAA (highest) to D (lowest).“NR”is used to classify securities for which a rating is not available.

 

This material is neither an offer to sell nor a solicitation of an offer to buy any security, which can be made only by a prospectus filed or registered with appropriate state and federal regulatory agencies, and sold only by broker dealers and registered investment advisors authorized to do so.

Important Risk Factors to Consider

An investment in Inland Income Trust’s shares involves significant risk, and this website contains forward-looking statements that are subject to risks and uncertainties. Please see the "Risk Factors” page on this website for additional information.

The Inland name and logo are registered trademarks being used under license.

This website is neither an offer to sell nor a solicitation of an offer to buy any security which can be made only by a prospectus, or offering memorandum, which has been filed or registered with appropriate state and federal regulatory agencies, and sold only by broker dealers and registered investment advisors authorized to do so.

The Inland name and logo are registered trademarks being used under license. "Inland" refers to The Inland Real Estate Group of Companies, Inc. which is comprised of a group of independent legal entities some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof including the Inland Real Estate Investment Corporation (Inland Investments) and Inland Securities Corporation. Inland Securities Corporation, member FINRA/SIPC, is dealer manager and placement agent for programs sponsored by Inland Investments and Inland Private Capital, respectively. For more information on Inland Securities Corporation, visit FINRA BrokerCheck.