Independence Realty Trust, Inc. (IRT) NYSE

Currency In USD

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Independence Realty Trust, Inc.

Address

1835 Market Street

Philadelphia, PA 19103

United States of America (the)

Phone

267-270-4800

Sector

Real Estate

Industry

REIT - Residential

Employees

904

First IPO Date

August 13, 2013

Key Executives

NameTitlePayYear Born
Scott F. SchaefferChief Executive Officer & Chairman2.44M1962
Jason R. DelozierChief Accounting Officer & Controller733,6971984
James J. SebraPresident, Chief Financial Officer, Treasurer & Director1.44M1976
Pete RushingSenior Vice President of Sales & Marketing0N/A
Jason LynchSenior Vice President of Acquisitions & Dispositions0N/A
John J. ReyleGeneral Counsel01979
Michael KernanExecutive Vice President of Redevelopment0N/A
Alex JorgensenInvestor Relations Officer0N/A
Josh KulickExecutive Vice President of Technology & Innovation0N/A
Gregory MarksSenior Vice President of Business Development0N/A
Ted McHughInvestor Relation Officer of Edelman Smithfield0N/A
Janice RichardsExecutive Vice President of Operations0N/A
Stephanie Krewson-KellySenior Vice President of Investor Relations & Capital Markets0N/A
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Description

Independence Realty Trust (IRT), publicly traded as NYSE: IRT, operates as a real estate investment trust specializing in owning and managing multifamily apartment communities. Their portfolio is concentrated in non-gateway U.S. markets such as Atlanta, Louisville, Memphis, and Raleigh. The company's strategy involves establishing a strong presence in select, amenity-rich submarkets, which are identified by features like excellent school systems, quality retail establishments, and significant employment hubs. Ultimately, IRT seeks to deliver appealing risk-adjusted returns to its shareholders. This is accomplished through meticulous portfolio oversight, robust operational execution, and a reliable return on capital, generated via both dividend distributions and asset value appreciation.

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