Real Estate - Investment
Dakota REIT was formed 22 years ago as a private REIT with the vision of providing shareholders the financial advantages of real estate ownership without the responsibility of property management. Dakota REIT’s founders established the culture of being patient, value-driven investors focused on acquiring stable, institutional grade, private real estate while improving cash-flow through efficient operations. Their Trustees are committed to remaining a private REIT. Dakota REIT’s shareholders have experienced long-term growth with a 12% compounded annual rate of return, when distributions are reinvested, and received quarterly distributions with a greater than 5% annual yield since inception.
Dakota REIT has a diversified portfolio by asset type, with a split of 49% Commercial and 51% Multifamily, and a regional focus on growth cities in the upper Midwest states of North Dakota, South Dakota, Minnesota, and Nebraska. Dakota REIT intends to continue its history of steady and measured growth by optimizing the asset mix and expanding the portfolio in key growth markets, specifically:
o Actively growing multifamily and industrial/flex investments through both acquisitions and development alliances with a take-out option upon stabilization.
o Strategically acquiring grocery-anchored and necessity-based shopping centers in quality suburban markets.
o Solidifying its commercial tenant rent roll to grow rental revenue, increase property values and enhance the long-term viability of the portfolio.