<SEC-DOCUMENT>0000798359-12-000051.txt : 20120628
<SEC-HEADER>0000798359-12-000051.hdr.sgml : 20120628
<ACCEPTANCE-DATETIME>20120628164933
ACCESSION NUMBER:		0000798359-12-000051
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120628
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20120628
DATE AS OF CHANGE:		20120628

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INVESTORS REAL ESTATE TRUST
		CENTRAL INDEX KEY:			0000798359
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				450311232
		STATE OF INCORPORATION:			ND
		FISCAL YEAR END:			0408

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14851
		FILM NUMBER:		12933087

	BUSINESS ADDRESS:	
		STREET 1:		1400 31ST AVENUE SW, SUITE 60
		STREET 2:		PO BOX 1988
		CITY:			MINOT
		STATE:			ND
		ZIP:			58702-1988
		BUSINESS PHONE:		701-837-4738

	MAIL ADDRESS:	
		STREET 1:		1400 31ST AVENUE SW, SUITE 60
		STREET 2:		PO BOX 1988
		CITY:			MINOT
		STATE:			ND
		ZIP:			58702-1988
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
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<FILENAME>iret8kexcutive06292012.htm
<DESCRIPTION>IRET CURRENT REPORT
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">June 26, 2012</font></font></div>

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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Investors Real Estate Trust (IRET) announced a management reorganization that includes a new executive appointment, effective June 27, 2012.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Thomas A. Wentz, Jr., formerly Senior Vice President and Chief Operating Officer, was appointed Executive Vice President and Chief Operating Officer, with his job duties revised to include responsibility for capital markets, asset acquisitions and dispositions and property development. Mr. Wentz&#8217;s previous direct responsibility for property operations and asset management has been transferred to a newly-appointed executive officer, Mark W. Reiling.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Mr. Reiling, 54, who was associated with the Towle Real Estate Company and its successors (now Cassidy Turley) in Minneapolis for approximately 30 years, 18 as its president, joined IRET on June 27, 2012 as Executive Vice President of Asset Management.&#160;&#160;Mr. Reiling will oversee the operations of the Company&#8217;s entire real estate portfolio of 265 properties with over 12 million square feet of office, industrial, retail and medical space, and <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">approximately </font>9,000 apartment units.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Diane Bryantt, formerly Senior Vice President and Chief Financial Officer, was appointed Executive Vice President and Chief Financial Officer.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Michael Bosh, formerly Senior Vice President and General Counsel, was appointed Executive Vice President and General Counsel.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Item 7.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Regulation FD Disclosure.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Investors Real Estate Trust issued a press release announcing the management reorganization, which is attached as Exhibit 99.1 to this Current Report on Form 8-K. The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed to be &#8220;filed&#8221; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any filing under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.</font></div>

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<DESCRIPTION>NEW EXECUTIVE HIRE AND MANAGEMENT REORGANIZATION
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Investors Real Estate Trust Announces New Executive Hire and Management Reorganization</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Investors Real Estate Trust (IRET) announced the hiring of Mark W. Reiling as Executive Vice President of Asset Management.&#160;&#160;In this role Mr. Reiling will oversee the operations of IRET&#8217;s entire real estate portfolio of 265 properties encompassing over 12 million sq. ft. of office, industrial, retail and medical space, and over 9,000 apartment units in 12 states.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Mr. Reiling brings 33 years of diversified real estate experience in real estate finance, brokerage, asset and property management, development, investment and consulting.&#160;&#160;He was associated with the Towle Real Estate Company and its successors (now Cassidy Turley) for 30 years, 18 as president.&#160;&#160;During that period he formed real estate partnerships which have acquired or developed over $250 million of property.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#8220;I am very excited to be bringing my business and investment management expertise to IRET,&#8221; Mr. Reiling said.&#160;&#160;IRET&#8217;s Chief Executive Officer and President, Timothy Mihalick, commented: &#8220;We are pleased to welcome Mark to IRET. His extensive experience in all aspects of real estate operations and finance, and the depth and breadth of his knowledge of the Minneapolis/St. Paul real estate market in particular, where IRET has a significant presence, will be of great value to us as we manage and expand our portfolio.&#8221;</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">IRET is a real estate investment trust headquartered in Minot, ND.&#160;&#160;Mr. Reiling will be based in its Eden Prairie, Minnesota office.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">With the addition of Mr. Reiling, IRET reorganized its senior management team by promoting to Executive Vice President three senior vice presidents of the Company: Diane Bryantt, formerly Senior Vice President and Chief Financial Officer, was appointed Executive Vice President and Chief Financial Officer; Michael Bosh, formerly Senior Vice President and General Counsel, was appointed Executive Vice President and General Counsel; and Thomas Wentz, Jr., formerly Senior Vice President and Chief Operating Officer, was appointed Executive Vice President and Chief Operating Officer.&#160;&#160;Formerly, all property operations reported directly to the Chief Operating Officer. Property operations will now be the
responsibility of Mr. Reiling as Executive Vice President of Asset Management; Mr. Reiling will report to the Executive Vice President and Chief Operating Officer. Mr. Wentz will assume responsibility for Capital Markets as well as asset acquisitions, dispositions and property development.</font></div>

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