Independence Realty Trust Merger with Steadfast Apartment REIT
December 15, 2021
Independence Realty Trust, Inc. (IRT) and Steadfast Apartment REIT, Inc. (STAR) completed their strategic merger, combining into a single public multifamily REIT. The merged company is headquartered in Philadelphia, Pennsylvania and retains the IRT name and NYSE ticker symbol “IRT.”
- Buyers
- Independence Realty Trust, Inc. (IRT)
- Targets
- Steadfast Apartment REIT, Inc. (STAR)
- Industry
- Real Estate
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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