Investors Real Estate Trust is a real estate investment trust, which is focused on ownership, management, acquisition, redevelopment and development of apartment communities. The Company conducts its business operations through its operating partnership, IRET Properties, which is principally engaged in acquiring, owning, operating and leasing real estate. As of April 30, 2018, the Company owned interests in 90 multifamily communities, containing 14,176 apartment homes. The Company's multifamily properties include 71 France-Edina, Minnesota; 11th Street 3 Plex-Minot, North Dakota; Ashland-Grand Forks, North Dakota and Avalon Cove-Rochester. The Company's healthcare properties include 2800 Medical Building-Minneapolis, Minnesota; 2828 Chicago Avenue-Minneapolis, Minnesota; Billings 2300 Grant Road-Billings, Montana and Edina 6517 Drew Avenue-Edina, Minnesota.