Independence Realty Trust filings document a NYSE-listed multifamily apartment REIT with common stock trading under IRT. The company’s 8-K reports furnish operating results, supplemental financial information, Regulation FD slide presentations, dividend-related disclosures, and material agreements tied to its financing structure.
IRT’s filings also describe its operating partnership structure through Independence Realty Operating Partnership, LP, including unsecured revolving credit and term-loan arrangements for which IRT acts as parent guarantor. Proxy materials cover board and shareholder voting matters, executive compensation, equity-award disclosures, and governance items, while officer-transition filings record related compensatory arrangements.
Independence Realty Trust, Inc. (IRT) stockholders approved the issuance of IRT common stock for its merger with Centerspace, with 182,074,892 votes for, 24,519,307 against and 185,757 abstentions. Centerspace shareholders also approved the merger: approximately 99.6% of votes cast were in favor, representing 80.4% of its outstanding common shares. Final results are subject to certification by the companies’ independent inspectors of election.
At closing, each Centerspace common share will receive 3.800 IRT common shares, and each Centerspace operating-partnership common unit will receive 3.800 IRT operating-partnership common units, subject to certain adjustments; cash will be paid in lieu of fractional shares. Completion remains subject to satisfaction or waiver of remaining closing conditions. IRT may, in its sole discretion and by written notice to Centerspace, defer closing until the earliest of the tenth business day after the required lender consent is granted or is ready to be granted for each designated Centerspace subsidiary mortgage loan not repaid, refinanced or defeased, and the tenth business day before June 30, 2027.
Independence Realty Trust, Inc. (IRT) reported third-quarter 2026 revenue of $172.1 million and net income of $25.7 million, versus $167.1 million and $7.0 million a year earlier. Diluted earnings per share were $0.11, compared with $0.03. Results included a $26.5 million gain on a real estate sale and $6.2 million of merger and integration costs.
IRT’s proposed merger with Centerspace would convert each outstanding Centerspace common share into 3.800 newly issued IRT shares, with cash in lieu of fractional shares. The transaction is subject to customary closing conditions, including approval by IRT stockholders and Centerspace shareholders; IRT currently expects closing as early as the end of the fourth quarter of 2026. IRT will be the accounting acquiror under the acquisition method.
As of September 30, 2026, IRT owned and operated 115 multifamily properties with 33,398 units, and portfolio occupancy was 94.9%. During the first nine months of 2026, it repurchased and retired 1,839,460 shares at a weighted-average price of $16.24. The board declared a $0.18-per-share dividend, a 5.9% increase over the prior quarterly rate of $0.17, paid October 23, 2026.
Independence Realty Trust, Inc. director Richard D. Gebert reported a direct sale of 500 common shares on November 2, 2026, at $14.77 per share. His reported direct common-stock position after the transaction was 40,569 shares, a separate remaining-holdings figure from the shares sold.
Independence Realty Trust, Inc. (IRT) reported third-quarter 2026 net income available to common shares of $25.146 million, versus $6.893 million a year earlier, and diluted EPS of $0.11 versus $0.03. Results included a $26.474 million net gain on sale of real estate assets. CFFO was $0.29 per share, unchanged year over year. Same-store NOI grew 1.6%; rental revenue rose 2.0%, property operating expenses rose 2.5%, and average occupancy was 95.0%, down 40 basis points year over year.
IRT lowered 2026 EPS guidance to $0.18-$0.20 from $0.22-$0.27, while CFFO per-share guidance remained $1.13-$1.15. Under the proposed Centerspace merger, Centerspace shareholders would receive 3.800 IRT shares for each Centerspace common share; the transaction is expected to close as early as the end of Q4 2026, subject to approval by IRT stockholders and Centerspace shareholders on November 10, 2026, and other customary conditions. IRT expects $24 million in annual synergies and says the merger should be 5% accretive to CFFO. As of September 30, 2026, net debt to Adjusted EBITDA was 6.2x and liquidity was approximately $491.6 million. IRT paid a quarterly dividend of $0.18 per share on October 23, 2026.
Independence Realty Trust, Inc. (IRT) expects to issue up to approximately 64,164,225 shares of common stock in its proposed merger with Centerspace. Each Centerspace common share would convert into 3.800 IRT shares, with cash paid for fractional shares. The exchange ratio does not change with market prices but may adjust for specified stock changes and REIT dividends.
The combined company is expected to own 163 apartment communities and over 44,000 units across 17 states. Based on shares and units outstanding as of October 2, 2026, legacy IRT stockholders and IROP common unit holders are estimated to own approximately 78% of combined shares and units, while legacy Centerspace shareholders and CSR OP common unit holders are estimated to own approximately 22%. The IRT Board expects the merger to be immediately accretive to IRT’s core funds from operations.
Both companies’ special meetings are scheduled for November 10, 2026, and the required approvals and other conditions must be satisfied or waived. IRT and Centerspace expect to complete the mergers as early as the end of the fourth quarter of 2026. Separately, IRT OP has a commitment for a senior unsecured term loan of up to $716 million, subject to customary conditions, to finance part of the transactions, including refinancing Centerspace debt and related costs.
Independence Realty Trust, Inc. (IRT) and Centerspace (CSR) have agreed to a proposed two-part merger approved by both boards. Each issued and outstanding CSR common share, with specified exceptions, would convert into 3.800 IRT common shares, with cash instead of fractional shares. The exchange ratio will not change with either company’s share price, but may be adjusted for specified stock changes and REIT dividends.
IRT anticipates issuing approximately 64.16 million shares, based on October 2, 2026 share counts and estimated CSR equity awards. The combined portfolio is expected to include 163 apartment communities and over 44,000 units across 17 states. Estimated ownership is 78% for legacy IRT stockholders and IROP unit holders and 22% for legacy CSR shareholders and CSR OP unit holders, based on securities outstanding October 2, 2026.
Approval of IRT’s issuance proposal and CSR’s merger proposal is required; both special meetings are scheduled for November 10, 2026. The parties expect completion as early as the end of the fourth quarter of 2026, subject to conditions. CSR OP common units would convert into IRT OP common units at the exchange ratio, while its Series D and E preferred units would convert into IRT OP Series A and B preferred units.
Independence Realty Trust, Inc. (IRT) director Richard D. Gebert sold 500 shares of common stock on October 1, 2026, at $14.4700 per share. His reported direct holdings after the sale were 41,069 shares.
Independence Realty Trust, Inc. (IRT) furnished a slide presentation that it may use in investor presentations beginning September 24, 2026. The presentation information is not deemed filed for Section 18 purposes and is not incorporated by reference into registration statements or other documents under the Securities Act.
Independence Realty Trust, Inc. (IRT) proposes a merger with Centerspace through two linked mergers. At the Company Merger Effective Time, each eligible Centerspace common share would convert into the right to receive 3.800 IRT common shares, with cash paid in lieu of fractional shares. The exchange ratio will not change with market-price movements, although the merger agreement provides adjustments for specified stock changes and REIT dividends.
Completion requires IRT stockholder approval of the share issuance, Centerspace shareholder approval of the merger and satisfaction or waiver of other conditions. The companies expect to complete the mergers as early as the end of the fourth quarter of 2026. The proposed combined company would own 163 apartment communities with over 44,000 units across 17 states. Centerspace operating-partnership common units would convert at the same ratio, rounded up to whole units per holder; its Series D and Series E preferred units would convert to IRT operating-partnership preferred units. Royal Bank of Canada committed to provide IRT's operating partnership a senior unsecured term loan of up to $716,000,000, subject to customary conditions, to finance part of the transactions, including refinancing Centerspace indebtedness.