---
schema_version: "secwatch.filing_event.v1"
accession: "0001466085-24-000116"
form_type: "8-K"
ticker: "IRT"
cik: "0001466085"
company_name: "INDEPENDENCE REALTY TRUST, INC."
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:45:17.323241+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IRT reports Q2 2024 same-store NOI down 2.1% YoY; core FFO $0.20/share

## Summary
- Same-store revenue flat at $168.2M; NOI fell to $99.9M from $102.1M YoY.
- Net income dropped to $4.5M from $22.9M; core FFO declined 12.6% to $45.0M.
- Full-year 2024 same-store NOI guidance: -0.5% at midpoint; occupancy 94.6%.
- Disposed of 7 non-core assets (1,700 units) for $305.6M YTD; repurchased $5.2M stock in Q2.
- Debt at $2.3B; net debt/EBITDAre 6.4x; weighted avg interest rate 4.7%.

## SEC filing metadata
- accession: 0001466085-24-000116
- form_type: 8-K
- ticker: IRT
- cik: 0001466085
- company_name: INDEPENDENCE REALTY TRUST, INC.
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- 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/1466085/000146608524000116/0001466085-24-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466085/000146608524000116/irt-20240930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466085-24-000116
- JSON: https://secwatch.observer/filing/0001466085-24-000116.json
- Plain text: https://secwatch.observer/filing/0001466085-24-000116.txt

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