Independence Realty Trust Stock News

Independence Realty Trust and Steadfast Apartment REIT are about to become one.

Independence Realty Trust and Steadfast Apartment REIT are about to become one.

The private-equity giant pushes further into residential housing.

Shares of Independence Realty Trust, Inc. (NYSE:IRT) gapped down prior to trading on Thursday . The stock had previously closed at $24.45, but opened at $23.16. Independence Realty Trust shares last traded at $23.65, with a volume of 8,037 shares traded. IRT has been the subject of several recent research reports. Citigroup lifted their price []

Independence Realty Trust, Inc. (NYSE: IRT) (IRT) and Steadfast Apartment REIT, Inc. (STAR) today announced the completion of the merger transaction between the two companies, forming a combined company with an equity market capitalization of approximately $5.6 billion and a total enterprise value of approximately $8.3 billion, as of market close on December 15, 2021. The transaction

AHH vs. IRT: Which Stock Is the Better Value Option?

AHH vs. IRT: Which Stock Is the Better Value Option?

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (IRT) today announced that its operating partnership, Independence Realty Operating Partnership, LP, entered into an amended and restated unsecured credit facility. The new facility increases the borrowing capacity under IRTs existing revolving credit facility from $350 million to $500 million and extends the maturity date of the revolving credit facility from May 2023 to January 2026. Proceeds from the expanded revol

IRVINE, Calif., Dec. 13, 2021 /PRNewswire/ -- Steadfast Apartment REIT, Inc. ("STAR") announced that at its special meeting of stockholders held today, its stockholders approved the previously announced merger transaction (the "Merger") with Independence Realty Trust, Inc. ("IRT"). STAR…

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT) announced that at its special meeting of stockholders held today, its stockholders approved the issuance of shares of IRT common stock to the stockholders of Steadfast Apartment REIT, Inc. (“STAR”) in connection with IRT’s previously announced merger transaction with STAR (the “Merger”). The share issuance proposal is described in detail in IRT’s and STAR’s definitive joint proxy statement/prospectus, which was f

Industrial REITs outperformed all other REIT sectors by over double in 2021 -- will this trend continue in 2022?

Industrial REITs outperformed all other REIT sectors by over double in 2021 -- will this trend continue in 2022?

(PR-inside.com) NEW YORK, NY / ACCESSWIRE / December 4, 2021 / Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities class action firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Steadfast Apartment REIT, Inc. ("STFR" or the "Company") (STFR) relating to its proposed acquisition by Independence Realty Trust, Inc. (IRT). The investigation focuses on whether Steadfast Apartment REIT, Inc. and its Board of Directors violated securities laws and/or breached their ..

Wells Fargo & Company MN decreased its stake in shares of Independence Realty Trust, Inc. (NYSE:IRT) by 8.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 506,709 shares of the real estate investment trusts stock after selling 45,282 shares during the period. Wells Fargo & []