InvenTrust Properties reports Q2 core FFO 44c, consensus 45c

Reports same property net operating income growth of 4.8%. The company said, “This quarter marks a significant milestone in the execution of our portfolio strategy, as we successfully completed the disposition of the majority of our California assets. At the same time, we efficiently redeployed a significant portion of that capital into growing Sun Belt markets. These transactions underscore our continued commitment to portfolio simplification, operational excellence, and disciplined capital allocation. Importantly, we achieved this milestone while maintaining strong full year Same Property NOI and FFO growth guidance. We believe this repositioning enhances the long-term value of our portfolio and further strengthens InvenTrust’s foundation for sustainable cash flow growth.”