Independence Realty Trust, Inc.IRT
What Independence Realty Trust, Inc. does.
IRT, a Maryland corporation, is a self-administered and self-managed real estate investment trust (“REIT”) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. As of December 31, 2025, we owned and operated 114 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,462 units in the following Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. In addition, as of December 31, 2025, we owned one investment in real estate under development in Denver, Colorado that will, upon completion, contain 296 units. As of December 31, 2025, we also owned interests in four unconsolidated joint ventures, two of which own and operate multifamily apartment properties that contain an aggregate of 653 units and two that are developing multifamily apartment properties that will, upon completion, contain an aggregate of 642 units. We do not have any foreign operations and our business is not seasonal. Our principal executive offices are located at 1835 Market Street, Suite 2601, Philadelphia, PA 19103 and our telephone number is (267) 270-4800.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $211.9M | $250.3M | $628.5M | $661.0M | $640.0M | $657.7M |
| Net income | $14.8M | $44.6M | $117.2M | -$17.2M | $39.3M | $56.6M |
| Free cash flow | $74.9M | $52.1M | — | — | — | — |
More on IRT.
- Independence Realty Trust, Inc. summary
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- Independence Realty Trust, Inc. health scores and style box
- Independence Realty Trust, Inc. earnings
- Independence Realty Trust, Inc. dividends
- Independence Realty Trust, Inc. valuation
- Independence Realty Trust, Inc. ownership and insiders
- Independence Realty Trust, Inc. peers
Figures from Independence Realty Trust, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.