Independence Realty Trust and Centerspace agree $8.1B all-stock merger
Independence Realty Trust (IRT) and Centerspace (CSR) have agreed to merge in an all-stock deal creating a multifamily REIT with enterprise value about $8.1B and more than 44,000 apartment units.
Independence Realty Trust NYSE:IRT and Centerspace NYSE: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 NYSE:CSR shareholders wil…