InvenTrust Properties (IVT) risk factors, FY2025 10-K

Other

1. 01Economic, political and market conditions could negatively impact our business, results of operations and financial condition
2. 02An economic downturn could result in defaults by retail tenants, which could have an adverse impact on our business, financial condition, results of operations, and ability to make distributions to our stockholders
3. 03A consumer shift in retail shopping from brick-and-mortar stores to e-commerce may have an adverse impact on our revenues and cash flow
4. 04Our retail portfolio is subject to geographic concentration, which exposes us to changing economic and retail market conditions that may reduce our revenues and cash flows37% rewritten
5. 05Our success depends on the success and continued presence of our anchor tenants
6. 06If our small shop tenants (tenants occupying less than 10,000 square feet) are not successful and, consequently, terminate their leases, our cash flow, financial condition and results of operations could be adversely affected
7. 07Our financial condition may be impacted by our ability to timely re-lease our space22% rewritten
8. 08Many of our costs and expenses associated with operating our properties may remain constant or increase, even if our lease income decreases
9. 09Our business, and the businesses of our tenants, could be materially and adversely affected by the risks, or the public perception of the risks, related to a pandemic, epidemic, or other health crisis, especially if there is a negative impact to customers' willingness or ability to frequent our tenants' businesses
10. 10There are inherent risks with investments in retail real estate
11. 11We face risks with the expansion, development, and re-development of properties
12. 12Our ongoing strategy depends, in part, upon completing future acquisitions and dispositions, and we may not be successful in identifying attractive acquisition opportunities and consummating these transactions
13. 13We may obtain only limited warranties when we purchase a property and would have only limited recourse if our due diligence did not identify issues that could decrease the value of our property after the purchase
14. 14Our assets may be subject to impairment charges that may materially and adversely affect our financial results
15. 15Geographic concentration makes our business more vulnerable to natural disasters, severe weather, and climate change
16. 16Our debt financing may adversely affect our business and financial condition
17. 17Covenants in our debt agreements may restrict our operating activities and adversely affect our financial condition
18. 18Increases in interest rates would cause our borrowing costs to rise and negatively impact our results of operations
19. 19Hedging activity may expose us to risks, including the risks that a counterparty will not perform and that the hedge will not yield the economic benefits we anticipate, which may adversely affect us
20. 20We may issue additional equity or debt securities in the future in order to raise capital. Additional issuances of equity securities would dilute the investment of our current stockholders and could decrease the market price of our common stock
21. 21Changes in economic and market conditions may adversely affect the market price of our securities
22. 22There is no assurance that we will continue to pay dividends
23. 23If our cash flow from operating activities is not sufficient to fully fund the payment of distributions, the level of our distributions may not be sustainable
24. 24Our charter permits our Board to issue preferred stock on terms that may subordinate the rights of the holders of our current common stock or discourage a third party from acquiring us
25. 25Our Board or a committee of our Board may change our investment policies without stockholder approval, which could alter the nature of our stockholders' investment
26. 26We are subject to litigation that could negatively impact our cash flow, financial condition and results of operations
27. 27Uninsured losses or premiums for insurance coverage may adversely affect a stockholder's returns87% rewritten
28. 28We could incur material costs related to government regulation and litigation with respect to environmental matters, which could materially and adversely affect our revenues and profitability20% rewritten
29. 29The discovery of material environmental liabilities at our assets could subject us to unanticipated significant costs, which could significantly reduce or eliminate our profitability and the cash available for distribution to our stockholders
30. 30If we lose or are unable to obtain and retain key personnel, our ability to implement our business strategies could be delayed or hindered
31. 31Corporate responsibility related to environmental, social and governance factors, may impose additional costs and expose us to new risks30% rewritten
32. 32Any actual or perceived failure to comply with new or existing laws, regulations and other requirements relating to the privacy, security and processing of personal information or AI Technologies could adversely affect our business, results of operations, or financial condition28% rewritten
33. 33Our failure to qualify as a REIT would have serious adverse consequences to our stockholders
34. 34We have a share ownership limit for REIT tax purposes