Independence Realty Trust, Inc. (NYSE MKT: IRT) (“IRT”) today announced that, on October 16, 2014, IRT’s Board of Directors declared monthly cash dividends for the fourth quarter of 2014 on IRT’s shares of common stock in the amount of $0.06 per share per month. The monthly dividends total $0.18 per share for the fourth quarter. The month for which each dividend was declared is set forth below, with the relevant amount per share, record date and payment date set forth opposite the month:

Month

         

Amount

         

Record Date

         

Payment Date

October 2014 $0.06 10/31/2014 11/17/2014 November 2014 $0.06 11/28/2014 12/15/2014 December 2014 $0.06 12/31/2014 1/15/2015

About Independence Realty Trust, Inc.

Independence Realty Trust, Inc. (NYSE MKT: IRT) is a real estate investment trust that seeks to own well-located apartment properties in geographic submarkets that it believes support strong occupancy and the potential for growth in rental rates. IRT seeks to provide stockholders with attractive risk-adjusted returns, with an emphasis on distributions and capital appreciation. IRT is externally advised by a wholly-owned subsidiary of RAIT Financial Trust (NYSE: RAS).

Independence Realty Trust, Inc. ContactAndres Viroslav, 215-243-9000aviroslav@irtreit.com

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