James J. Sebra
On September 3, 2024, the Board of Directors of Independence Realty Trust, Inc. (the “Company”) appointed James J. Sebra, its Chief Financial Officer, to the additional position of President of the Company.
Highest-materiality recent filing
IRT Q1 2026 EPS $0.00, CFFO $0.26/sh, same-store NOI +1.0%, guidance affirmed
Q1 net loss available to common shares of $0.1M vs net income of $8.4M in prior year; EPS $0.00 vs $0.04.
IRT reports FY2025 EPS $0.24, CFFO $1.17; new $350M term loan refinances 2026 maturities
FY2025 net income $56.6M, EPS $0.24; CFFO $279.8M ($1.17/share) vs. $1.16 in 2024.
IRT Q3 2025 EPS $0.03, CFFO $0.29/sh, same-store NOI up 2.7%
Net income available to common shares of $6.9M ($0.03 EPS) vs $12.4M ($0.05) YoY.
IRT Q2 CFFO $0.28 in line; same-store NOI +2.0%; $155M Orlando acquisitions under contract
Q2 EPS of $0.03 (down from $0.05 YoY); CFFO per share flat at $0.28.
IRT Q1 EPS $0.04, same-store NOI up 2.7%, CFFO flat; affirms 2025 guidance
Net income of $8.4M ($0.04 diluted EPS) vs $17.6M ($0.08) in Q1 2024.
IRT Q4 CFFO $0.32, FY net income $39.3M; guides 2025 CFFO $1.16-$1.19
Q4 net loss $1.0M vs loss $40.5M YoY; full-year net income $39.3M vs loss $17.2M.
IRT expands revolver to $750M, extends maturity to 2029, cuts interest margins 34 bps
Revolving credit facility increased from $500M to $750M; maturity extended from Jan 2026 to Jan 2029.
IRT reports Q3 net income $12.4M; receives 'BBB' S&P rating; plans $184M acquisitions
Net income $12.4M ($0.05 EPS) vs $3.9M ($0.02 EPS) YoY; same-store NOI grew 2.2%.
IRT reports Q2 2024 same-store NOI down 2.1% YoY; core FFO $0.20/share
Same-store revenue flat at $168.2M; NOI fell to $99.9M from $102.1M YoY.
IRT closes public offering of 11.5M shares at $19.75 via forward sale agreements
11,500,000 shares sold at $19.75 per share, including full exercise of the underwriters' 1.5M share option.
IRT Q2 EPS flat at $0.05, same-store NOI +2.8%, raises full-year guidance midpoint
Q2 net income $10.4M, EPS $0.05 (flat YoY); Core FFO $63.6M ($0.28/share).
IRT Q1 net income doubles to $17.6M; same-store NOI up 2.4%
Net income available to common shares $17.6M ($0.08 diluted EPS) vs $8.6M ($0.04) YoY.
On September 3, 2024, the Board of Directors of Independence Realty Trust, Inc. (the “Company”) appointed James J. Sebra, its Chief Financial Officer, to the additional position of President of the Company.
Scott F. Schaeffer, who previously held the positions of Chairman of the Board of Directors, President and Chief Executive Officer of the Company, will continue as Chairman of the Board of Directors and Chief Executive Officer of the Company.
Max materiality 0.80 · Median 0.32 · Most common event other_material