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IRT| Name | Value |
|---|---|
| Revenues | 161.4M |
| Cost of Revenue | 65.6M |
| Gross Profit | 95.7M |
| Operating Expense | 61.7M |
| Operating I/L | 33.4M |
| Other Income/Expense | -25.2M |
| Interest Income | 22.1M |
| Pretax | 8.9M |
| Income Tax Expense | 2.6M |
| Net Income/Loss | 6.3M |
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust specializing in multifamily apartment properties in non-gateway U.S. markets. The company's investment strategy focuses on acquiring properties in amenity-rich submarkets with strong school districts, high-quality retail, and major employment centers. IRT aims to provide stockholders with attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and consistent return on capital through distributions and capital appreciation.
