The Yield Hunter Let's make some money and sleep well at night
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Inland Real Estate
A Residential REIT
Financials for Period Ending 6/30/2008
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Copyrights 2006-2007 SGM Publishing
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Inland Real Estate Corporation, a real estate investment trust (REIT),
engages in the ownership, operation, and development of retail shopping
centers located in Florida, Illinois, Indiana, Michigan, Minnesota, Missouri,
Nebraska, Ohio, Tennessee, and Wisconsin, the United States. As of
December 31, 2006, it owned interests in 146 investment properties,
comprising 91 neighborhood retail centers with approximately 6,156,000
gross leasable square feet; 28 community centers with approximately
6,643,000 gross leasable square feet; and 27 single user retail properties
with approximately 1,321,000 gross leasable square feet. Inland Real Estate
has elected to be taxed as a REIT under the Internal Revenue Code and
would not be subject to federal income tax to the extent it distributes at least
90% of its REIT taxable income to stockholders. The company was formed in
1994 and is based in Oak Brook, Illinois.