Independence Realty Trust to buy Centerspace in all-stock merger
Independence Realty Trust agreed to acquire Centerspace in an all-stock merger, offering 3.800 IRT shares for each Centerspace share. Both boards unanimously approved; deal expected to close in Q4 2026.
800 shares of Independence Realty Trust common stock for each Centerspace share. The transaction was unanimously approved by both boards and is expected to close in the fourth quarter of 2026, subject to shareholder approval and other customary closing conditions.