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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 1, 2020
INVESTORS REAL ESTATE TRUST
(Exact name of Registrant as specified in its charter)

North Dakota |  | 001-35624 |  | 45-0311232
(State or Other Jurisdiction of Incorporation or Organization) |  | (Commission File Number) |  | (I.R.S. Employer Identification No.)

1400 31st Avenue SW, Suite 60, Post Office Box 1988, Minot, ND 58702-1988
(Address of principal executive offices) (Zip code)
(701) 837-4738
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed from last report)
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

Title of each class | Trading Symbol(s) | Name of each exchange on which registered
Common Shares of Beneficial Interest, no par value | IRET | New York Stock Exchange
Series C Cumulative Redeemable Preferred Shares | IRET-PC | New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ | Written communications pursuant to Rule 425 under the Securities Act

☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act

☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01. Regulation FD Disclosure.
On September 1, 2020, IRET issued a press release announcing the sale of select multifamily assets, providing an August 2020 operating performance update, and announcing IRET's participation in BMO's Real Assets Virtual Conference on September 2-3, 2020. The press release is attached hereto as Exhibit 99.1, and the investor presentation is attached hereto as Exhibit 99.2. The investor presentation also has been posted on the Company's website.
The information set forth in this Item 7.01, including Exhibits 99.1 and 99.2, is being furnished pursuant to Item 7.01 and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, and it shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or under the Exchange Act, except as expressly provided by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
Exhibits

Exhibit |
Number | Description
99.1* | Press Release dated September 1, 2020.
99.2* | Investor Presentation.
101 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL Document.

* | Filed herewith

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

| INVESTORS REAL ESTATE TRUST
| By | /s/ Mark O. Decker, Jr.
|  | Mark O. Decker, Jr.
Date: September 1, 2020 |  | President and Chief Executive Officer