Independence Realty Trust, Inc. (IRT) is a residential real estate investment trust with large investments in multifamily apartment communities in economically vibrant markets. The REIT has grown cash flow at a fast clip in the last five years and has the potential to reap considerable rewards from its development pipeline. Independence Realty Trust covers its dividend with funds from operations. The REIT's shares are moderately valued and offer investors a decent 6.7 percent yield.
Independence Realty Trust - Business Overview
Independence Realty Trust is an apartment-focused real estate investment trust with an equity