<SEC-DOCUMENT>0001104659-16-148138.txt : 20161102
<SEC-HEADER>0001104659-16-148138.hdr.sgml : 20161102
<ACCEPTANCE-DATETIME>20161003120018
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001104659-16-148138
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20161003

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:			0430

	FILING VALUES:
		FORM TYPE:		CORRESP

	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>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>


<html>
<head>




  </head>
<body link=blue lang="EN-US" style="text-justify-trim:punctuation">
<div style="font-family:Times New Roman;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="180" height="61" src="g193211bci001.jpg"></font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">October&nbsp;3, 2016</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Via Edgar Correspondence<br>  </font></u>Securities and Exchange Commission<u><br>  </u>Washington, D.C. 20549</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mail Stop 3233</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.84%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attention:</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="86%" valign="top" style="padding:0in 0in 0in 0in;width:86.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Sandra   B. Hunter, Staff Attorney</font></p>    </td>   </tr>
<tr>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.84%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="86%" valign="top" style="padding:0in 0in 0in 0in;width:86.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Nicole   Collings, Staff Attorney</font></p>    </td>   </tr>
<tr>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.84%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="86%" valign="top" style="padding:0in 0in 0in 0in;width:86.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Office   of Real Estate and Commodities</font></p>    </td>   </tr>
<tr>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.84%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.92%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="86%" valign="top" style="padding:0in 0in 0in 0in;width:86.26%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>   </tr>
<tr>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.84%;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Re:</font></b></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="86%" valign="top" style="padding:0in 0in 0in 0in;width:86.26%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Investors   Real Estate Trust</font></b></p>    </td>   </tr>
<tr>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.84%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.92%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="86%" valign="top" style="padding:0in 0in 0in 0in;width:86.26%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Registration   Statement on Form&nbsp;S-3</font></b></p>    </td>   </tr>
<tr>
<td width="11%" valign="top" style="padding:0in 0in 0in 0in;width:11.84%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="1%" valign="top" style="padding:0in 0in 0in 0in;width:1.92%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="86%" valign="top" style="padding:0in 0in 0in 0in;width:86.26%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">File   No.&nbsp;333-212203</font></b></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Dear Ms.&nbsp;Hunter and Ms.&nbsp;Nicole:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to Rule&nbsp;461 under the Securities Act of 1933, as amended,&nbsp;Investors Real Estate Trust (the&#160; &#147;Company&#148;) requests acceleration of the effective date of the above-referenced Registration Statement so that the same shall become effective as of 4:00 p.m., Washington, DC time, on October&nbsp;4, 2016, or as soon thereafter as possible.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Company hereby acknowledges that:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>should the Commission or the staff, acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any action with respect to the filing;</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the Company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the Company may not assert staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Sincerely,</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="50%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/   Timothy P. Mihalick</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Timothy   P. Mihalick</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chief Executive Officer</font></p>    </td>   </tr>  </table>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Investors Real Estate Trust </font><font face="Symbol">&#183;</font> 800 LaSalle Ave, Suite 1600 <font face="Symbol">&#183;</font> Minneapolis, MN 55402-2006</p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Phone: 952.401.4831 </font><font face="Symbol">&#183;</font> Fax: 952.401.7058 <font face="Symbol">&#183;</font> Email:info@iret.com <font face="Symbol">&#183;</font> www.iret.com <font face="Symbol">&#183;</font> NYSE Symbol: IRET</p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='',FILE='C:\JMS\108202\16-19321-1\task8119732\19321-1-bc.htm',USER='108202',CD='Oct  1 02:25 2016' -->

</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g193211bci001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g193211bci001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1"  ] +0# 2(  A$! Q$!_\0
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M8_Y M]_U[R?^@FOGT]37?@]F>3F7Q1/5OA5_R+]U_P!?)_\ 05KN*X?X5?\
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#G__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
