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  "documentTitle": "Independence Realty Trust | Investor Presentation Deck | 45 slides",
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  "authorName": "Independence Realty Trust",
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      "text": "INDEPENDENCE\nREALTY TRUST",
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      "text": "IRT's historical projects have generated an 17.9% return on investment across approximately 7,285 units, resulting in over $227 million of incremental value creation (1)",
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      "text": "Sizeable ~17,000 unit value add pipeline providing ~$600 million of incremental shareholder value",
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      "text": "Value Add Pipeline (2)",
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      "text": "All notations throughout this presentation appear as \"End Notes\" on pages 39-40.",
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      "text": "($ in millions)\nUnits to Renovate\nUnits Renovated-to-Date\nRemaining Units to Renovate\nRemaining Renovation Costs (3)\nIncremental NOI (4)\nIncremental Value Creation (5)\nIn-Place Program\n11,382\n(7,285)\n4,097\n$59 - $64\n$11-$11\n$134 - $143\nIdentified 2024 Starts\n474\n-\n474\n$7-$7\n$1 - $1\n$15 - $17\nFuture Pipeline\n12,727\n-\n12,727\n$185 - $197\n$33 - $35\n$416 - $445\nTotal\n24,583\n(7,285)\n17,298\n$251 - $268\n$45 - $48\n$565 - $604",
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      "kind": "title",
      "text": "Value Add Program: Improving Our Growth Profile",
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