Independence Realty Trust, Centerspace to merge in $8.1B all-stock deal

source: news (news:seeking-alpha)published 2026-09-09 10:37ingested 2026-09-09 11:00

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Independence Realty Trust, Centerspace to merge in $8.1B all-stock deal

Sep 09, 2026, 6:37 AM ETIndependence Realty Trust, Inc. (IRT) Stock, CSR StockBy : Manshi Mamtora, CFA

Independence Realty Trust (IRT) and Centerspace (CSR) have agreed to merge in an all-stock transaction that will create a multifamily real estate investment trust with an enterprise value of about $8.1B and more than 44,000 apartment unit.

Under the terms, Centerspace (

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