---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-029903"
form_type: "8-K"
ticker: "IRT"
cik: "0001466085"
company_name: "INDEPENDENCE REALTY TRUST, INC."
filed_at: "2026-09-09T10:48:00+00:00"
generated_at: "2026-09-09T10:50:12.714272+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# IRT to acquire Centerspace in all-stock deal at 3.8x exchange ratio; close expected Q4 2026

## Summary
- IRT to acquire CSR via merger; each CSR share converts to 3.800 IRT shares, cash for fractional shares; close expected Q4 2026.
- IRT OP secured $716M senior unsecured term loan commitment from Royal Bank of Canada to finance deal, assumption/repayment of CSR debt.
- CSR may pay up to $0.77/share quarterly dividend; IRT up to $0.18/share. Termination fees: $45M (CSR) or $60M (IRT).
- CSR RSUs/PSUs/options convert to IRT equity at 3.8x ratio; two CSR independent trustees to join IRT board post-close.
- Deal requires IRT/CSR shareholder approvals, NYSE listing, S-4 effectiveness; outside date June 30, 2027.

## SEC filing metadata
- accession: 0001437749-26-029903
- form_type: 8-K
- ticker: IRT
- cik: 0001466085
- company_name: INDEPENDENCE REALTY TRUST, INC.
- filed_at: 2026-09-09T10:48:00+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466085/000143774926029903/0001437749-26-029903-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466085/000143774926029903/irt20260909c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-029903
- JSON: https://secwatch.observer/filing/0001437749-26-029903.json
- Plain text: https://secwatch.observer/filing/0001437749-26-029903.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.