Independence Realty Trust delivered solid full year 2025 results, in line with expectations, driven by stable occupancy and stronger leasing rates. The company completed 2,003 renovations in its Value Add program, achieving an average ROI of 15.3% for the year. The balance sheet remains strong with conservative leverage, and recent refinancing activities have extended debt maturities through 2027.

Independence Realty Trust delivered a solid third quarter in 2025, meeting expectations with a 2.7% increase in same-store Net Operating Income (NOI) and Core Funds from Operations (CFFO) per share of $0.29. The company's focus on stable occupancy and value-add renovations contributed to its performance, alongside strategic acquisitions in Orlando, Florida, and a strong balance sheet.

Independence Realty Trust delivered a solid second quarter, with same-store NOI growth of 2.0% and CFFO of $0.28 per share, meeting management's expectations despite a challenging macroeconomic environment. The company successfully completed 454 renovations in its value-add program, achieving a 16.2% ROI, and is actively pursuing strategic acquisitions and dispositions to optimize its portfolio and deploy capital accretively.

Independence Realty Trust delivered a solid start to 2025 with Q1 CFFO per share of $0.27 and same-store NOI growth of 2.7%, meeting expectations. The company saw solid occupancy gains and rental rate growth, continued its value-add program with strong ROI, and strategically expanded its presence in Indianapolis while exiting Birmingham. They also strengthened their balance sheet and liquidity, affirming their full-year 2025 Core FFO per share guidance.

IRT reported strong same-store NOI growth of 5.3% in Q4, driven by rental rate increases and improved occupancy. CFFO per share rose 6.7% year-over-year. The company strengthened its balance sheet with a lower net debt-to-EBITDA ratio and an expanded credit facility.

Independence Realty Trust reported a net income of $12.4 million, representing an EPS of $0.05. The company's same-store portfolio NOI grew by 2.2%. They also received a 'BBB' investment grade credit rating from S&P Global Ratings.

Independence Realty Trust reported a net income of $10.4 million and EPS of $0.05 for Q2 2024. They experienced same-store NOI growth of 2.8%. The company also raised the midpoint of its full year 2024 same store NOI, EPS, and Core FFO guidance ranges.

Independence Realty Trust reported a net income of $17.6 million, or $0.08 per diluted share, for Q1 2024, compared to $8.6 million, or $0.04 per diluted share, for Q1 2023. The company achieved same-store NOI growth of 2.4% and improved average occupancy by 120 basis points to 94.4%. IRT also made significant progress in its Portfolio Optimization and Deleveraging Strategy, selling nine properties for $496.8 million and repaying $488.9 million of debt.

Independence Realty Trust reported a net loss of $40.5 million for Q4 2023, compared to a net income of $33.6 million in Q4 2022. Same-store NOI increased by 3.3%.

Independence Realty Trust reported a net income of $3.9 million and a same-store NOI growth of 4.8% for the third quarter of 2023. The company has initiated a portfolio optimization and deleveraging strategy to sell non-core assets and reduce debt.

Independence Realty Trust reported a net income of $10.7 million, a same-store NOI growth of 6.3%, and a Core FFO of $63.7 million for the second quarter of 2023. The company also completed renovations at 625 units during the quarter, achieving a weighted average return on investment of 16.2%.

Independence Realty Trust reported a net income of $8.6 million and an EPS of $0.04 for Q1 2023. The company achieved an 8.2% increase in same-store NOI, driven by a 4.0% blended lease over lease rental growth. They renovated 635 units in their value add program with a 17.8% return on investment.

Independence Realty Trust reported a net income of $33.6 million for Q4 2022, compared to $28.6 million for Q4 2021. The company's combined same-store portfolio net operating income (NOI) grew by 13.0%. Core Funds from Operations (CFFO) reached $66.8 million, or $0.29 per share.

Independence Realty Trust (IRT) announced strong Q3 2022 results with double-digit revenue and NOI growth. The company's same-store portfolio NOI increased by 11.5%, driven by blended lease over lease rental growth of 12.7%. IRT is maintaining its full year NOI and increasing its Core FFO per share growth guidance.

Independence Realty Trust reported strong second-quarter results, driven by its high-quality portfolio in non-gateway markets. The company delivered 14.4% same-store NOI growth and blended lease over lease rental growth of 12.7%.

Independence Realty Trust reported a strong first quarter in 2022, marked by a significant increase in net income, earnings per share, and combined same-store NOI growth. The company also completed its merger integration and secured $31 million in annual synergies.

Independence Realty Trust reported strong fourth-quarter results, marked by significant growth in net income and same-store NOI. The completion of the STAR merger has doubled the property and unit count, positioning the company for continued growth in the U.S. Sunbelt region.

Independence Realty Trust reported a net income of $11.5 million, representing an EPS of $0.11. Same store NOI grew by 14.7% and the company updated its full year 2021 same store NOI guidance to a midpoint of 10.25% and full year 2021 CFFO guidance to a midpoint of $0.81 per share.

Independence Realty Trust reported a net income of $3.4 million for the second quarter of 2021, with same-store NOI growth of 9.6% and core FFO of $20.2 million. The company also announced a strategic merger with Steadfast Apartment REIT.

Independence Realty Trust reported a net income available to common shares of $1.1 million, a significant improvement from the net loss of $0.4 million in the same quarter of the previous year. Same-store NOI increased by 5.3%, driven by occupancy and rental rate growth. The company is raising its 2021 guidance due to an improving outlook.

Independence Realty Trust reported a net income available to common shares of $13.3 million for Q4 2020, with Core Funds from Operations (CFFO) at $20.8 million, or $0.22 per share, and Adjusted EBITDA of $28.5 million.

Independence Realty Trust (IRT) reported a resilient performance in Q3 2020, characterized by a strong portfolio of assets in non-gateway markets and a focus on middle-market communities. The company maintained a solid occupancy rate and average effective rent, while also making progress in its value-add program. IRT's strategic initiatives and strong balance sheet have positioned it well to navigate the current environment.

Independence Realty Trust reported a net income of $0.8 million, with diluted earnings per share of $0.01. Core Funds from Operations (CFFO) was $18.0 million, with CFFO per share at $0.19. The company's same-store net operating income (NOI) grew by 1.2%.

Independence Realty Trust reported a net loss allocable to common shares of $0.4 million, with earnings per diluted share of $0.00. However, the company demonstrated strong performance with same-store NOI growth of 7.0%.

Independence Realty Trust reported a strong Q4 2019, driven by same-store NOI growth of 9.6%. The company covered its dividend on an AFFO basis as of year-end and is focusing on non-gateway markets and value-add initiatives.