InvenTrust Properties Corp. Announces Senior Management Appointments

InvenTrust Properties Corp. today announced a series of appointments to its senior management team. The new appointments, effective immediately, are as follows:

• James Christensen has been named Senior Vice President of Asset Management. Mr. Christensen is located in the company’s Oak Brook headquarters and reports to David Collins - EVP, Portfolio Management.
• Chris Dykstra has been named Senior Vice President of Property Management. Mr. Dykstra is also located in the company’s Oak Brook headquarters and reports to Mr. Collins.
• Nicole Horne has been named Vice President of Transactions. Ms. Horne is located in the company’s regional office in Atlanta and reports to Christopher Covey, SVP of Transactions.

“We are excited to welcome James Christensen and Chris Dykstra to the InvenTrust team,” said Mr. Collins. “We continue to build a deep bench of leadership across our footprint as we execute on a focused strategy to grow our retail portfolio in the top Metropolitan Statistical Areas (MSAs) in the country. The talent and experience Messrs. Christensen and Dykstra bring to InvenTrust will strengthen our efforts to promote and maintain the best-in-class properties in the markets where we operate.”

Mr. Covey concluded, “Nicole is a great addition to our transaction team. She brings more than a decade of experience in real estate portfolio development, management and transactions. Her contributions will bolster our efforts to continue executing on our strategic priorities and creating shareholder value.”

About James Christensen

Mr. Christensen brings to InvenTrust nearly two decades of experience executing real estate portfolio strategies in retail asset classes. Previously, Mr. Christensen was a Senior Vice President of Portfolio and Asset Management at Heitman, where he oversaw a $2.2 billion retail portfolio. Prior to that, he was a Senior Vice President at Macquarie Capital Funds where he was the Portfolio Manager of Macquarie-DDR Trust (MDT), a $1.5 billion Australian REIT investing in community shopping centers across the U.S. Mr. Christensen has also served in analyst positions at Nationwide Insurance, Equity Office Property Trust and ProLogis Trust. Mr. Christensen is a graduate of the University of Akron, with a Bachelor of Science in Business Administration and Finance.

About Chris Dykstra

Mr. Dykstra brings more than 15 years of experience managing large asset portfolios spread across geographies. Previously, Mr. Dykstra was Assistant Vice President of Property Management – Western Region (Commercial-Retail) at DDR Corp, where he oversaw a portfolio of 60 assets in eight states, totaling more than 10 million square feet. Prior to that, he was a Property Manager for Regency Centers Corporation and had responsibilities for over 49 shopping centers in five states, totaling over 4.7 million square feet. Mr. Dykstra is a graduate of Lincoln Christian University, where he received a Bachelor of Arts degree.

About Nicole Horne

Ms. Horne was previously a Vice President, Commercial Real Estate in the REIT Banking Group of Suntrust Bank, where she managed REIT credit portfolios. Prior to that, Ms. Horne was a Director of Portfolio Management at Brixmor Property Group, where she developed and executed the individual business plans for Brixmor’s 522-property portfolio. Her preceding role at Brixmor was as Director of Acquisitions and Dispositions. She has also served as an Acquisitions Associate at Centro Properties Group and an Acquisitions Analyst at Heritage Property Investment Trust. Ms. Horne earned a Bachelor of Science from Ohio University and is a past Board Member of NYCREW and current member of International Council of Shopping Centers.

ABOUT INVENTRUST PROPERTIES CORPORATION

InvenTrust became a self-managed real estate investment trust in 2014; it owns 108 multi-tenant retail properties, comprising 15.5 million square feet of retail space in 24 states. In addition, its student housing business, University House Communities, has 14 properties with 7,989 beds and five additional properties in development. InvenTrust also owns 6.4 million square feet of non-core, office and industrial buildings.

Forward-Looking Statements Disclaimer

Forward-looking statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, representation, plans or predictions of the future and are typically identified by words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, our ability to execute on our strategy and our ability to build our core multi-tenant retail and position our Company for growth. For further discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see the Risk Factors included in our most recent Annual Report on Form 10-K, as updated by any subsequent Quarterly Report on Form 10-Q, in each case as filed with the Securities and Exchange Commission. We intend that such forward-looking statements be subject to the safe harbors created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, except as may be required by applicable law. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

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