Independence Realty Trust, Inc. Provides Earnings Guidance for Fiscal Year 2022
February 17, 2022 at 09:00 am
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Independence Realty Trust, Inc. provided earnings guidance for fiscal year 2022. For the year, the company expects earnings per diluted share to be in the range of $0.32 per share to $0.36 per share. The company expects 2022 same store net operating income (‘NOI') growth of 11.0% at the mid-point of the company's guidance range.
Independence Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Companyâs investment strategy is focused on gaining scale near major employment centers within submarkets that offer good school districts and retail. The Company acquires, owns, operates, improves, and manages multifamily apartment communities across non-gateway United States markets. The Company owns and operates approximately 113 multifamily apartment properties across non-gateway United States markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa, Florida. The Companyâs portfolio of properties consists primarily of apartment communities geographically concentrated in the Southeastern and Midwest United States. The Company owns all of its assets and conducts all its operations through Independence Realty Operating Partnership, LP (IROP).
INDEPENDENCE REALTY TRUST, INC. 
