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PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its board of directors approved a quarterly dividend of $0.18 per share of IRT common stock, which represents a 5.9% increase over the prior quarterly rate of $0.17 per share. The second quarter 2026 dividend is payable on July 17, 2026, to shareholders of record at the close of business on June 26...
Independence Realty Trust is navigating a shift from high supply/low demand to low supply/high demand in Sunbelt and Midwest multifamily markets. Q1 2026 results showed a 2.8% increase in asking rents, but CFFO and NOI margins declined year-over-year; full-year CFFO guidance remains unchanged. IRT's value-add renovation program continues to drive NOI growth and is fully funded by excess free ca...
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, announces its first quarter 2026 financial results. First Quarter 2026 EPS of $0.00 First Quarter 2026 CFFO Per Share of $0.26 In Line with Expectations Same-Store Portfolio NOI Growth of 1.0% for the First Quarter 2026 1.4% Increase in Rental Revenue and 2.0% Increase in Property O...
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), announces the release date and conference call details related to its first quarter 2026 financial results. Details: Results Release Date: Wednesday, April 29, 2026, after the market closes Conference Call Date and Time: Thursday, April 30, 2026, at 9:00 a.m. Eastern Time Telephone Number (within the U...
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announces that its Board of Directors approved a quarterly dividend of $0.17 per share of IRT common stock. The first quarter 2026 dividend is payable on April 17, 2026, to shareholders of record at the close of business on March 27, 2026. About IRT Independence Realty Trust, Inc. (NYSE: IRT), an S&P 400 MidCap C...
Independence Realty Trust is a Sun Belt-focused real estate investment trust. The REIT owns and operates well-occupied Class B apartments in high-growth submarkets. IRT released its Q4 results this week. While positive, the same-store target was relatively mundane, in my view.
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