PHILADELPHIA, September 30, 2024--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") announced today the Company’s apartment communities did not incur any significant damage as a result of Hurricane Helene.
Mid-America Apartment is poised to gain from healthy operating fundamentals, redevelopment moves and technology efforts. However, elevated supply is a concern.
AVB benefits from a solid demand for its high-quality assets, technological improvements and a healthy balance sheet despite an elevated supply of rental units.