Independence Realty Trust, Inc. (IRT) NYSE

Currency In USD

Independence Realty Trust, Inc.

Address

1835 Market Street

Philadelphia, PA 19103

United States of America (the)

Phone

267-270-4800

Website

https://www.irtliving.com

Sector

Real Estate

Industry

REIT - Residential

Employees

917

First IPO Date

August 13, 2013

Key Executives

Name	Title	Pay	Year Born
Scott F. Schaeffer	Chief Executive Officer & Chairman	2.44M	1962
Jason R. Delozier	Chief Accounting Officer & Controller	733,697	1984
James J. Sebra	President, Chief Financial Officer, Treasurer & Director	1.44M	1976
Pete Rushing	Senior Vice President of Sales & Marketing	0	N/A
Jason Lynch	Senior Vice President of Acquisitions & Dispositions	0	N/A
John J. Reyle	General Counsel	0	1979
Michael Kernan	Executive Vice President of Redevelopment	0	N/A
Alex Jorgensen	Investor Relations Officer	0	N/A
Josh Kulick	Executive Vice President of Technology & Innovation	0	N/A
Gregory Marks	Senior Vice President of Business Development	0	N/A
Ted McHugh	Investor Relation Officer of Edelman Smithfield	0	N/A
Janice Richards	Executive Vice President of Operations	0	N/A
Stephanie Krewson-Kelly	Senior Vice President of Investor Relations & Capital Markets	0	N/A

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.