Comrit Investments 1 LP made a tender offer to acquire an additional 5.08% stake in InvenTrust Properties Corp. (OTCPK:IARE) for $67.7 million on November 28, 2018. Under the terms of the deal, Comrit will acquire 37 million shares at a price of $1.83 per share. Comrit intends to fund out of its current working capital. There are no conditions to the offer based on a minimum number of Shares tendered, the availability of financing, or the success of the Offer. The offer is open for acceptance until December 27, 2018. As of December 3, 2018, the executive committee of the Board of Directors of InvenTrust unanimously recommended that the stockholders reject the tender offer and not tender their shares of common stock for purchase pursuant to the offer to purchase, as they believe that the offer price is less than the long term share value of InvenTrust. Central Trade and Transfer, LLC, acted on behalf of Comrit and is being paid a fee of 2% of the purchase price. Plotkin Financial Advisors, LLC acted as the financial advisor for Comrit and is being paid a fee of 4.5% of the purchase price. Comrit Investments 1 LP completed the acquisition of additional 0.20% stake in InvenTrust Properties Corp. (OTCPK:IARE) for $2.7 million on December 27, 2018. The shareholders of InvenTrust tendered 1.48 million shares as a part of the offer. Comrit now owns 1.9 million shares (0.3% stake) of InvenTrust. Amos W. Barclay of Holland & Hart LLP acted as legal advisor to Comrit.