Independence Realty ( ($IRT) ) has shared an announcement.
Independence Realty Trust, Inc. (IRT) showcases a strong performance in the Sunbelt region with a 95.4% occupancy rate in Q3 2024, bolstered by strategic investments and value-add renovations. IRT’s recent credit ratings upgrade to ‘BBB’ by S&P Global and Fitch Ratings signifies its solid financial footing. The company raised $250 million in Q3 2024 through common equity to fuel future acquisitions, reflecting its commitment to sustainable growth and profitable opportunities in attractive markets.
See more insights into IRT stock on TipRanks’ Stock Analysis page.
