About Investors Real Estate Trust

IRET is a multifamily real estate investment trust (REIT) focused on the ownership, management, acquisition, redevelopment, and development of multifamily apartment communities. As of January 31, 2018, IRET owned interests in 89 multifamily properties consisting of 13,786 apartment homes. IRET's common shares and Series C preferred shares are publicly traded on the New York Stock Exchange (NYSE symbols: IRET and IRET PRC, respectively). Additional information may be obtained through the Investors section of IRET’s website at www.iretapartments.com or by contacting Investor Relations at 701-837-7104.