What Does IRES Do?

Total employees4
HeadquartersPhiladelphia
Founded1991

Independence Realty Trust (NYSE: IRT) is a publicly traded real estate investment trust (REIT) that owns, operates, acquires, and modestly develops multifamily apartment properties located in non-gateway U.S. markets. These markets include cities like Atlanta, Dallas, Denver, Columbus, Indianapolis, Oklahoma City, Raleigh, Memphis, and Tampa. IRT's primary strategy focuses on Class B and B+ apartment communities, aiming to deliver attractive risk-adjusted returns to its stockholders through consistent current income and long-term net asset value appreciation. The company emphasizes operational excellence, resident satisfaction, and strategic capital allocation to enhance property performance and drive growth.

Where Is IRES's Headquarters?

HQ Function

The Philadelphia headquarters serves as the central command for all corporate functions, including executive leadership, strategic planning, financial reporting, investor relations, legal affairs, acquisitions, capital markets activities, and oversight of national property operations.

Notable Features:

Located in One Liberty Place, one of Philadelphia's most iconic skyscrapers, offering Class A office space with panoramic city views and access to prime business amenities.

Work Culture:

The headquarters fosters a professional, collaborative, and results-oriented work environment. The culture emphasizes data-driven decision-making, real estate expertise, operational efficiency, and a commitment to shareholder value within the dynamic multifamily real estate sector.

HQ Significance:

As the nerve center of IRT's operations, the headquarters is pivotal for managing its geographically diverse portfolio, executing its investment strategy, and communicating with the investment community and stakeholders.

Values Reflected in HQ: The choice of a prestigious address in a prominent Class A office building reflects IRT's commitment to professionalism, stability, a strong corporate image, and operational excellence.

Location:

Independence Realty Trust's property portfolio and direct operations are concentrated exclusively within the United States. The company focuses on acquiring, owning, and operating multifamily apartment communities in targeted non-gateway U.S. markets. While its physical assets are domestic, IRT attracts investment from a global base of stockholders due to its listing on the New York Stock Exchange (NYSE: IRT).

Street Address:

1650 Market Street, Suite 3650

City:

Philadelphia

State/Province:

PA

Country:

USA

Where Else Does IRES Operate Around the World?

Dallas, TX/USA

Address: Regional operational presence; specific administrative office address not centrally published. Operations are often coordinated from flagship properties or by remote regional leadership.

To provide localized operational support and market expertise for a key growth region within IRT's Sunbelt-focused portfolio, ensuring alignment with corporate objectives and maximizing asset value.

Atlanta, GA/USA

Address: Regional operational presence; specific administrative office address not centrally published.

To drive operational efficiency and market penetration in the strategically important Atlanta market, supporting on-site teams and executing regional growth initiatives.

Buying Intent Signals for IRES

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading IRES? Meet the Executive Team

As of April 2025, IRES' leadership includes:

Scott F. Schaeffer - Chairman and Chief Executive Officer
James J. Sebra - Chief Financial Officer
Farrell Ender - President
Jessica B. Norman - Chief Legal Officer and Secretary
Brian E. Harris - Chief Investment Officer

Who's Investing in IRES?

IRES has been backed by several prominent investors over the years, including:

BlackRock Inc.
The Vanguard Group, Inc.
Principal Financial Group, Inc.
State Street Corporation
Cohen & Steers Capital Management, Inc.

What Leadership Changes Has IRES Seen Recently?

Hire0
Exits0

Independence Realty Trust has maintained stability within its core C-suite executive team over the past 12 months, with no major publicly announced external hires or departures. Key recent changes primarily involved internal promotions, such as Brian E. Harris's appointment to Chief Investment Officer in early 2023, strengthening the existing leadership structure.

New Appointments:

Brian E. Harris, Brian E. Harris was appointed Chief Investment Officer, taking on expanded responsibilities for overseeing the company's investment activities and portfolio growth.

What Technology (Tech Stack) Is Used byIRES?

Discover the tools IRES uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

IRES Email Formats and Examples

Independence Realty Trust (IRT) likely uses standard corporate email address formats. While not publicly disclosed, common patterns for companies of its size and structure include [first_initial][last]@[domain] or [first].[last]@[domain]. The company domain is 'irtliving.com'.

Likely formats include [first_initial][last]@irtliving.com (e.g., jsmith@irtliving.com) or [first].[last]@irtliving.com (e.g., jane.smith@irtliving.com).

Format

sschaeffer@irtliving.com

Example

75%

Success rate

What's the Latest News About IRES?

GlobeNewswireApril 30, 2024

Independence Realty Trust, Inc. Reports First Quarter 2024 Financial Results

IRT announced its financial and operating results for the three months ended March 31, 2024. Highlights included total revenues of $155.9 million, net income attributable to common stockholders of $2.0 million, and Core Funds From Operations (FFO) per share of $0.27....more

GlobeNewswireMay 15, 2024

Independence Realty Trust, Inc. Announces Monthly Common Stock Dividend

Independence Realty Trust's Board of Directors declared a monthly cash dividend of $0.05333 per share of common stock, payable on June 17, 2024, to stockholders of record as of June 3, 2024. This monthly dividend is equivalent to a quarterly rate of $0.16 per share....more

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