Independence Realty Trust, Inc. Announces Loss on Impairment of Real Estate Assets for Three Months Ended September 30, 2023
October 30, 2023 at 04:07 pm EDT
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Independence Realty Trust, Inc. announced Loss on impairment of real estate assets for three months ended September 30, 2023. For the quarter, the company announced Loss on impairment of real estate assets of $11,268,000.
Independence Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Companyâs investment strategy is focused on gaining scale near major employment centers within submarkets that offer good school districts and retail. The Company acquires, owns, operates, improves, and manages multifamily apartment communities across non-gateway United States markets. The Company owns and operates approximately 113 multifamily apartment properties across non-gateway United States markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa, Florida. The Companyâs portfolio of properties consists primarily of apartment communities geographically concentrated in the Southeastern and Midwest United States. The Company owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP (IROP).
INDEPENDENCE REALTY TRUST, INC. 
