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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