The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock List
ChartZero.com
ChartZero

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Thu., Nov. 27, 5:54 PM

Slide #13. Independence Realty Trust, Inc. Secondary Offering

Company: Independence Realty Trust, Inc. (AMEX:IRT)
Date announced: 11/19/2014
Shares Offered: 6,000,000
Date of Pricing: 11/20/2014
Price Per Share: $9.60
Secondary Offering Details: Independence Realty Trust, Inc. (NYSE MKT:IRT) (the "Company") today announced that it has commenced an underwritten public offering of 6,000,000 shares of common stock. The Company expects to grant the underwriter a 30-day option to purchase up to 900,000 additional shares of common stock. - updated 9/20 -Independence Realty Trust, Inc. (NYSE MKT:IRT) (the "Company") today announced the pricing of its public offering of 6,000,000 shares of common stock at a public offering price of $9.60 per share for total gross proceeds of $57.6 million. The offering is expected to close on November 25, 2014, subject to the satisfaction of customary closing conditions. The Company has granted the underwriter a 30-day option to purchase up to 900,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions.

Independence Realty Trust is a real estate investment trust. Co. owns and operates a portfolio of apartment properties located throughout the U.S. Co. is externally advised by a wholly-owned subsidiary of RAIT Financial Trust, a multi-strategy commercial real estate company. Co. conducts its operations through its operating partnership, Independence Realty Operating Partnership, LP, of which Co. is the sole general partner. As of Dec 31 2013, Co. owned 10 apartment properties with 2,790 units located in seven states.
Open the IRT Page at The Online Investor »

Company Name:  Independence Realty Trust Inc
Sector:  REITs
Number of ETFs Holding IRT:  3
Total Market Value Held by ETFs:  $498009
Total Market Capitalization:  $244.00M
% of Market Cap. Held by ETFs:  0.20%
 

Open the IRT Page at The Online Investor (in a new window) »

November 27, 2014    5:54 PM Eastern
Quotes delayed 20 minutes



Strong Buy (4.00 out of 4)
96th percentile
(ranked higher than approx. 96% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | www.TheOnlineInvestor.com | Copyright © 1998 - 2014, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.