Independence Realty Trust reported second quarter 2026 earnings with diluted EPS of $0.01 and Core Funds From Operations (CFFO) per share of $0.28. Same-store portfolio Net Operating Income grew 1.2% year-over-year, driven by a 0.9% increase in rental revenues offset by a 0.5% rise in property operating expenses. The company affirmed its full-year 2026 Core FFO per share guidance midpoint at $1.18 and noted that Fitch Ratings upgraded its outlook to 'Positive'. Additionally, Independence Realty Trust announced the execution of a purchase and sale agreement for the Stonebridge Crossings property, with closing expected in the third quarter of 2026. The company operates as a multifamily apartment REIT owning and operating communities across non-gateway U.S. markets.
