)

Independence Realty Trust (IRT) investor relations material
Independence Realty Trust Investor Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Strategic approach and market positioning
Focuses on Class B apartments in high-growth Sunbelt and Midwest markets, with 73% of NOI from the Sunbelt and 22% from the Midwest.
Portfolio benefits from strong demand fundamentals, population and employment growth, and limited new supply.
Rent vs. buy differential and lower rents compared to new construction support robust rental demand.
Resident demographics skew young, single, and value-driven, with an average age of 38 and average rent-to-income ratio of 22%.
Operational performance and recent results
Q2 2025 same-store revenue grew 1.0% year-over-year, with NOI up 2.0% and operating expenses rising 0.6%.
Occupancy remains stable at around 95%, with positive blended rental rate growth and bad debt trending better than expected.
454 value-add renovations completed in Q2 2025, delivering an average ROI of 16.5%.
Q3 2025 is trending in line with expectations for occupancy, rental rates, and NOI growth.
Growth drivers and capital allocation
Growth driven by high-growth markets, disciplined capital allocation, and operational excellence.
Value-add renovations boost NOI by ~30%, with a future pipeline of 13,000 units representing $40–$42M incremental NOI.
Recent acquisitions in Orlando and Indianapolis total $214.5M, with cap rates around 5.7–5.9%.
Capital recycling includes exiting lower-growth markets and redeploying proceeds into higher-growth assets.
Next Independence Realty Trust earnings date

Next Independence Realty Trust earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage