Independence Realty Trust, Inc.

Real estate trust owning apartment communities in non-gateway U.S. markets

What Independence Realty Trust does

Independence Realty Trust owns and runs apartment communities in U.S. cities outside the biggest coastal markets. It picks locations close to major employers, with good schools, shopping and other amenities nearby. As a REIT, it aims to give shareholders income through regular dividends plus growth in property value.

How Independence Realty Trust makes money

It earns rental income from residents of the multifamily communities it owns and operates, and pays out a large share of that income to shareholders as distributions. It also seeks capital appreciation by building scale in selected submarkets and managing its portfolio actively.

Products & services

• Multifamily apartment communities
• Residential rental housing
• Property operations and management
• Portfolio management of multifamily assets