secwatch.observer — SEC 8-K summary
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Issuer:     INDEPENDENCE REALTY TRUST, INC. (IRT)
CIK:        0001466085
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001437749-25-013845
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IRT Q1 EPS $0.04, same-store NOI up 2.7%, CFFO flat; affirms 2025 guidance
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- Net income of $8.4M ($0.04 diluted EPS) vs $17.6M ($0.08) in Q1 2024.
- Same-store NOI grew 2.7% YoY; occupancy up 100 bps to 95.4%.
- CFFO per share flat at $0.27; full-year 2025 Core FFO guidance reaffirmed.
- Completed 275 value-add renovations (16.2% avg ROI); exited Birmingham, expanded in Indianapolis.
- Two acquisitions under contract for ~$154.8M; forward sale of $56M equity under ATM executed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1466085/000143774925013845/0001437749-25-013845-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1466085/000143774925013845/irt20250307_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-013845

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer