Independence Realty Trust, Inc. Revises Financial Guidance for 2023
July 26, 2023 at 04:05 pm EDT
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Independence Realty Trust, Inc. revised financial guidance for 2023. For the period, the company expected Earnings per share Low of $0.25 and High of $0.27 against the previous guidance of Low of $0.23 and High of $0.27.
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. 
