InvenTrust Properties Corp., a retail REIT based in Downers Grove, IIIinois, announced that Christy David, executive vice president, general counsel and corporate secretary has been promoted to the role of chief investment officer effective immediately. She will be responsible for leading the company’s transactions team, managing all property level acquisitions and dispositions, executing on portfolio strategy and continue to serve as general counsel and corporate secretary.
“Christy has made significant contributions to InvenTrust since joining our team in 2014, and this well-deserved promotion recognizes her passion and dedication to our company,” said Thomas McGuinness, president and CEO of InvenTrust. “We believe Christy’s proven leadership and in-depth knowledge of our properties, markets and portfolio strategy make her a perfect fit for this role as CIO. I look forward to continuing to work with her in this expanded capacity as we execute on our investment strategy and work to maximize value for all InvenTrust shareholders.”
“I am incredibly excited to take on the position of CIO,” said David. “We have a great transactions team here at InvenTrust, and I look forward to the opportunity to continue to build a platform with essential retail in smart locations delivering on our occupancy and rental growth targets.”
David joined InvenTrust in 2014 as managing counsel – transactions; she was subsequently promoted to vice president, deputy general counsel and secretary and promoted again to senior vice president, general counsel and secretary. Prior to that, David served at the Inland Group Inc., managing, reviewing and drafting legal documents and matters for InvenTrust’s acquisitions, dispositions, corporate contracts and spin-offs. Prior to joining the Inland Group, David served as an associate attorney at The Thollander Law Firm and served in various roles at David & Associates. She serves on the Ravinia Associates Board and Nominating Committee. David received a juris doctor from Washington University School of Law and a bachelor of business administration in finance from Loyola University.
InvenTrust Properties Corp. is a multi-tenant retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood centers, and select power centers that often have a grocery component. InvenTrust became a self-managed REIT in 2014 and a Global Real Estate Sustainability Benchmark (GRESB) member in 2018. As of December 31, 2019, the company is an owner and manager of 65 retail properties, representing 10.9 million square feet of retail space.