Acquiring Company
Centerspace
Acquired Company
IRT
MinotPhiladelphiaReal EstateHospitalityReal EstateHospitalityProperty ManagementCommercial Real EstateReits And FinanceDescription
Centerspace and Independence Realty Trust have announced a merger valued at $8.1 billion. The all-stock transaction aims to create a major player in the middle-market multifamily REIT sector. The combined entity will focus on high-growth, non-gateway markets with a pro forma equity market capitalization of approximately $5.0 billion.
Quick answer
Centerspace is acquiring IRT, announced September 9, 2026. Centerspace is based in Minot, North Dakota, United States.
- How much did Centerspace pay for IRT?
- The deal value was not disclosed.
- What does Centerspace do?
- Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others.
- Where are Centerspace and IRT based?
- Centerspace is based in Minot, North Dakota, United States. IRT is based in Philadelphia, Pennsylvania, United States.
- Who are the decision-makers at Centerspace?
- Fundz holds 1 contact at Centerspace. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Real Estate and Hospitality
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Independence Realty Trust merges with Centerspace (September 9, 2026)
- AKAM acquires Matthew Adam Properties in NYC (October 14, 2026)
- Dwello acquires Thomson Residential for growth (August 19, 2026)
- Newmark acquires L+P Immobilienbewertung in Europe (August 6, 2026)
- Hignell Incorporated acquires RSC Associates Inc. (October 24, 2026)
- EQ to acquire Genesta for EUR 15.5M (October 23, 2026)
Who to call at Centerspace, and when
When Centerspace changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Centerspace raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Centerspace, from your own LinkedIn network
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Related People
Frequently asked
Who acquired IRT?
IRT was acquired by Centerspace, based in Minot. The deal was reported on September 9, 2026. Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Centerspace is publicly traded (CSR) and operates in Real Estate.
When did Centerspace acquire IRT?
Centerspace's acquisition of IRT was reported on September 9, 2026. Centerspace and Independence Realty Trust have announced a merger valued at $8.1 billion. The all-stock transaction aims to create a major player in the middle-market multifamily REIT sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does IRT do?
IRT is an equine transport company focused on delivering safe and efficient transportation solutions for horses. With a commitment to providing high-quality service, IRT has built a reputation for reliability in the industry. It is privately held, operating in Real Estate, and is based in Philadelphia.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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