We had the pleasure of hosting an investor call with IRT’s CFO, James Sebra and their CAO, Jason Delozier. IRT is a REIT that operates multifamily apartment properties – nearly 33K units in 110 communities. They’re growing, too, recently announcing three acquisitions that will add another 776 units to their portfolio.
We covered a number of topics:
- Strength of Balance Sheet
- Approach to Portfolio Development (it’s a science!)
- Renovations – Solid ROI
- Investment Grade Ratings: S&P Global and Fitch Ratings
- Progress on Deleveraging
- Long-term View of Benefit to Shareholders – Focus on Performance
“Thank You” to Jim, Jason, and the entire IRT team for your support. We appreciate the opportunity to connect you with investors and I know they appreciated hearing your story firsthand!