IRRETIInland Retail Real Estate Trust Inc (Beachwood, OH)
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Developers Diversified views the IRRETI acquisition as an opportunity to purchase a "high-quality portfolio with extremely high demographics," Daniel Hurwitz, senior executive vice president and chief investment officer, told HFN.
Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, achievements or transactions of Developers Diversified, IRRETI and their affiliates or industry results or the benefits of the merger to be materially different from any future results, performance, achievements or transactions expressed or implied by such forward-looking statements.
The ratings do acknowledge that the IRRETI acquisition is a substantial undertaking for the company that contains inherent risks such as generating a cohesive transition.