---
schema_version: "secwatch.filing_event.v1"
accession: "0001466085-23-000090"
form_type: "8-K"
ticker: "IRT"
cik: "0001466085"
company_name: "INDEPENDENCE REALTY TRUST, INC."
filed_at: "2023-06-05T23:59:59+00:00"
generated_at: "2026-06-14T07:17:06.573856+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IRT updates 2023 guidance: same-store NOI growth 6.5%, Core FFO per share $1.12-$1.16

## Summary
- Q1 2023 same-store NOI growth 8.2% YoY; revenue +7.5%; NOI margin 63.3% (+40 bps).
- Value-add pipeline of ~19,000 units; historical interior ROI of 20.9% and 20.3% avg rent increase.
- Net Debt to Adjusted EBITDA targeting mid-6's by end-2023 (was 6.9x at Q4 2022).
- QTD Q2 2023 same-store occupancy 94.2%; value-add occupancy 92.0%.
- FY 2023 Core FFO per share guided $1.12-$1.16 (midpoint $1.14); EPS $0.23-$0.27.

## SEC filing metadata
- accession: 0001466085-23-000090
- form_type: 8-K
- ticker: IRT
- cik: 0001466085
- company_name: INDEPENDENCE REALTY TRUST, INC.
- filed_at: 2023-06-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466085/000146608523000090/0001466085-23-000090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466085/000146608523000090/irt-20230605.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466085-23-000090
- JSON: https://secwatch.observer/filing/0001466085-23-000090.json
- Plain text: https://secwatch.observer/filing/0001466085-23-000090.txt

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