Independence Realty (IRT) closes merger with Steadfast Apartment.
Independence Realty Trust, Inc. (IRT) said today that it has closed the merger with Steadfast Apartment REIT, Inc., "forming a combined company with an equity market capitalization of approximately $5.6 billion and a total enterprise value of approximately $8.3 billion."
Established in 2011, Independence Realty Trust (IRT) is a small-cap equity REIT specializing in the acquisition and management of Class-B apartment properties in non-gateway markets.
![](https://www.sec.gov/Archives/edgar/data/1466085/000156459021037985/gl1h5zqlgmhu000002.jpg)
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Established in 2011, Independence Realty Trust (IRT) is a small-cap equity REIT specializing in the acquisition and management of Class-B apartment properties in non-gateway markets.
![](https://www.sec.gov/Archives/edgar/data/1466085/000156459021037985/gl1h5zqlgmhu000002.jpg)
12/16/2021