secwatch.observer — SEC 8-K summary
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Issuer:     InvenTrust Properties Corp. (IVT)
CIK:        0001307748
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001307748-24-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InvenTrust Q1 Net Income $2.9M; raises 2024 FFO and SPNOI guidance
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- Net income of $2.9M ($0.04/diluted); Nareit FFO $0.45/diluted, Core FFO $0.44/diluted.
- Same Property NOI grew 4.1% YoY; leased occupancy 96.3% with 290bp spread to economic occupancy.
- Blended comparable lease spreads of 11.2% on 165k sq ft; anchor lease spread 32.5%.
- Acquired The Plant ($29.5M) in Chandler, AZ and Moores Mill ($28.0M) in Atlanta, GA.
- 2024 guidance raised: Nareit FFO $1.71-$1.77, Core FFO $1.67-$1.71, SPNOI growth 2.75%-3.75%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1307748/000130774824000041/0001307748-24-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1307748/000130774824000041/ivtp-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001307748-24-000041

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