InvenTrust Properties Corp. Announces California Portfolio Sale and Strategic Reinvestment into Sun Belt Markets
DOWNERS GROVE, III.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced the successful disposition of a portfolio comprising five California assets for approximately $306 million. “This transaction is a testament to our team's unwavering focus on portfolio optimization and strategic capital allocation,” said DJ Busch, President and CEO of InvenTrust Properties. “Rotating capital from California has been a strategic objective for some time. W