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Debt (Tables)

9 Months Ended

Sep. 30, 2025

Notes and Loans Payable [Abstract]

Schedule of Debt

The following table summarizes the Company's debt as of September 30, 2025 and December 31, 2024:

As of September 30, 2025

As of December 31, 2024

Maturity

Rate Type

Interest Rate

Amount

Interest Rate

Amount

Mortgages Payable

Total mortgages payable

Various

Fixed

4.18% (a)

$

110,424

3.97% (a)

$

93,380

Term Loan

$200.0 million 5 year

Aug-30

Fixed

2.66% (b)

100,000

2.81% (b)

100,000

$200.0 million 5 year

Aug-30

Fixed

2.66% (b)

100,000

2.81% (b)

100,000

$200.0 million 5.5 year

Feb-31

Fixed

2.63% (c)

50,000

2.78% (b)

50,000

$200.0 million 5.5 year

Feb-31

Fixed

2.69% (c)

50,000

2.84% (b)

50,000

$200.0 million 5.5 year

Feb-31

Fixed

4.84% (c)

100,000

4.99% (b)

100,000

Total

400,000

400,000

Senior Notes

$150.0 million Series A Notes

Aug-29

Fixed

5.07%

150,000

5.07%

150,000

$100.0 million Series B Notes

Aug-32

Fixed

5.20%

100,000

5.20%

100,000

Total

250,000

250,000

Revolving Line of Credit

$500.0 million total capacity

Jan-29

Variable

1M SOFR +  1.05% (d)(e)

—

1M SOFR + 1.15% (d)(e)

—

Total secured and unsecured debt

3.98%

760,424

4.03%

743,380

Finance Lease Liability

West Ashley Station Ground Lease

Jan-92

N/A

N/A

11,033

N/A

N/A

Debt discounts and financing costs, net

(6,885)

(2,965)

Debt, net

$

764,572

$

740,415

(a)Interest rates reflect the weighted average of the Company's mortgages payable.

(b)Interest rates reflect the fixed rates achieved through the Company's effective interest rate swaps terminating on September 22, 2026, at which point the fixed interest rate will become 4.50%.

(c)Interest rates reflect the fixed rates achieved through the Company's effective interest rate swaps terminating on March 22, 2027, at which point the weighted average fixed interest rate will become 4.58%.

(d)As of September 30, 2025 and December 31, 2024, 1-Month Term SOFR was 4.13% and 4.33%, respectively.

(e)Interest rate applies to drawn balance only. An additional annual facility fee of 0.15% applies to entire line of credit capacity.

Schedule of Payments And Maturities of the Debt

The following table summarizes the scheduled payments and maturities of the Company's debt as of September 30, 2025:

Scheduled maturities by year:			Mortgage Payments						Mortgage Maturities						Term Loan & Senior Notes						Total
Remaining 2025			$	189					$	22,880					$	—					$	23,069
2026			773						—						—						773
2027			810						26,000						—						26,810
2028			495						21,321						—						21,816
2029			449						31,500						150,000						181,949
Thereafter			154						5,853						500,000						506,007
Total			$	2,870					$	107,554					$	650,000					$	760,424
Finance lease liability																					11,033
Debt discounts and financing costs, net																					(6,885)
Total Debt, net																					$	764,572

Schedule of Interest Rate Swaps

The following table summarizes the Company's effective interest rate swaps as of September 30, 2025:

Effective Interest Rate Swaps						Effective Date						Termination Date						InvenTrust Receives						InvenTrust Pays Fixed Rate of						Fixed Rate Achieved (a)						Notional Amount
5.5 year Term Loan						4/3/23						3/22/27						1-Month SOFR						3.69%						4.84%						$	100,000
5 year Term Loan						12/21/23						9/22/26						1-Month SOFR						1.51%						2.66%						100,000
5 year Term Loan						12/21/23						9/22/26						1-Month SOFR						1.51%						2.66%						100,000
5.5 year Term Loan						6/21/24						3/22/27						1-Month SOFR						1.54%						2.69%						50,000
5.5 year Term Loan						6/21/24						3/22/27						1-Month SOFR						1.48%						2.63%						50,000
																																				$	400,000

(a)Interest rates reflect the Company's current credit spread of 1.15%.

The following table summarizes the Company's forward-starting interest rate swaps as of September 30, 2025:

Forward-Starting Interest Rate Swaps

Effective Date

Termination Date

InvenTrust Receives

InvenTrust Pays Fixed Rate of

Fixed Rate Achieved (a)

Notional Amount

5 year Term Loan

9/22/26

8/26/30

Daily SOFR

3.35%

4.50%

$

100,000

5 year Term Loan

9/22/26

8/26/30

Daily SOFR

3.35%

4.50%

100,000

5.5 year Term Loan

3/22/27

2/24/31

Daily SOFR

3.42%

4.57%

100,000

5.5 year Term Loan

3/22/27

2/24/31

Daily SOFR

3.43%

4.58%

100,000

$

400,000

(a)Interest rates reflect the Company's current credit spread of 1.15%.

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E

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-Name Accounting Standards Codification
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