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Stock Market & Financial Investment News

News Breaks
April 10, 2014
07:15 EDTIRTIndependence Realty Trust initiated with a Buy at Wunderlich
Target $9.75.
News For IRT From The Last 14 Days
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July 15, 2014
18:43 EDTIRTIndependence Realty Trust 7M share Secondary priced at $9.50
The size of the deal was raised to 7M shares from 6M shares. Deutsche Bank acted as lead book running manager for the offering.
July 14, 2014
17:15 EDTIRTIndependence Realty Trust says RAIT may buy up to $5M in shares
Earlier, Independence Realty Trust (IRT) announced that it has commenced an underwritten public offering of 6M shares of common stock. The company expects to grant the underwriters a 30-day option to purchase up to 900,000 additional shares of common stock. Independence Realty Trust noted that, "RAIT Financial Trust (IRT) may purchase up to $5M in shares of common stock in the proposed offering at the public offering price; however, RAIT is under no obligation to purchase any shares in the offering." Shares of RAIT Financial Trust are lower by 1.1% in after hours trading.
16:14 EDTIRTIndependence Realty Trust files to sell 6M shares of common stock
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