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October 06, 2015 7:46 AM ET

Real Estate Investment Trusts (REITs)

Company Overview of Independence Realty Trust, Inc.

Company Overview

Independence Realty Trust, Inc is an equity real estate investment trust launched by RAIT Financial Trust. It is managed by Independence Realty Advisors, LLC. The fund invests in the real estate markets of the United States. It makes investments in apartment properties to create its portfolio. Independence Realty Trust, Inc was formed on March 26, 2009 and is domiciled in the United States.

Cira Centre

17th Floor

2929 Arch Street

Philadelphia, PA 19104

United States

Founded in 2009



Key Executives for Independence Realty Trust, Inc.

Chairman of The Board, Chief Executive Officer and President
Age: 53
Chief Financial Officer, Principal Accounting Officer and Treasurer
Age: 39
Compensation as of Fiscal Year 2015.

Independence Realty Trust, Inc. Key Developments

Independence Realty Trust, Inc. Announces Executive Appointments

Independence Realty Trust, Inc. announced the completion of its previously announced acquisition of Trade Street Residential, Inc. (Trade Street). Richard H. Ross, the former Chief Executive Officer of Trade Street, and Mack D. Pridgen III, the former Chairman of the Board of Directors of Trade Street, have joined IRT's Board of Directors in connection with the merger.

Independence Realty Trust, Inc. Presents at JMP Securities Financial Services & Real Estate Conference, Sep-21-2015 03:00 PM

Independence Realty Trust, Inc. Presents at JMP Securities Financial Services & Real Estate Conference, Sep-21-2015 03:00 PM. Venue: The St. Regis New York, 2 East 55th Street, New York, NY 10022, United States.

Independence Realty Trust, Inc. Announces Division of September 2015 Monthly Dividend into Two Prorated Dividends in Preparation of Expected Merger

Independence Realty Trust, Inc. announced that, on September 4, 2015, IRT’s Board of Directors approved the division of the previously announced September 2015 monthly dividend of $0.06 per share into two prorated dividends in preparation of the expected closing of the merger contemplated by the Agreement and Plan of Merger, dated May 11, 2015, by and among IRT, IRT OP, IRT Limited Partner, LLC, Adventure Merger Sub LLC, Trade Street Residential, Inc., and Trade Street Operating Partnership, L.P. The new September 2015 monthly dividend payments with the relevant amount per share, record date and payment date are as follows: The dividend of $0.034 with record date of September 15, 2015 and payable on October 15, 2015 and other dividend of $0.026 record date of September 30, 2015 and payable on October 15, 2015. The aggregate amount and payment date of the two prorated dividends remain the same as the previously announced September 2015 monthly dividend. The record date of the previously announced September 2015 monthly dividend was September 30, 2015 and the first prorated dividend has a different record date while the second prorated dividend has the same record date. The two prorated dividends replace the previously announced September 2015 monthly dividend.

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