Investors Real Estate Trust, doing business as Centerspace, is a real estate development company. The Company is focused on the ownership, management, acquisitions, redevelopment and development of apartment communities. It owns approximately 67 apartment communities consisting of 11,910 apartment homes. Its properties are located across Colorado, Minnesota, Montana, Nebraska, North Dakota and South Dakota. Its properties include Parkhouse Apartment Homes, Westend Apartments, Dylan RiNo Apartments, Lugano at Cherry Creek, FreightYard Townhomes and Flats, Olympik Village Apartments, Cypress Court Apartments, The Ponds at Heritage Place, West Stonehill Apartments, Grand Gateway Apartment Homes, Rimrock West Apartments, Olympic Village Apartments, Castlerock Apartment Homes, Greenfield Apartments, Cimarron Hills Apartments, Plaza Apartments, South Pointe Apartment Homes, The Gardens Apartments, The Meadows Apartments, Canyon Lake Apartments and Pointe West Apartments.