UndisclosedMergerReal Estate
IRT and Centerspace shareholders approve multifamily REIT merger
Stockholders of Independence Realty Trust (NYSE: IRT) and shareholders of Centerspace (NYSE: CSR) approved all proposals needed to close their previously announced merger at special meetings held Tuesday. Both companies are multifamily real estate investment trusts.
Why it matters: The votes clear a key hurdle for consolidation between two listed apartment REITs.
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