IRT Independence Realty Trust, Inc.
Sector: Imobiliário · 3 fundos · 4 cartas
Convicção fund × trimestre
Teses por gestor
Baron Real Estate Fund Q3 2025 sair conv. em observação
Apartment REIT — gestora exited position T3 e realocou capital para companhias com expectativa de multi-year shareholder return prospects superiores. #2 top net sale ($12,5M).
Baron Real Estate Fund Q2 2025 manter conv. core
Apartment REIT com 33.000 units catering a lower-income demographic. Terceiro detrator T2 (-0,20bps) por tariff impact concerns em lower income consumer, softer new-lease pricing power e mixed reception a select acquisitions. Gestora mantém posição com tese de return prospects attractive: discounted public valuation vs private market transactions e overlapping-market peers, value-add program com superior growth vs peers, abating supply deliveries que deve enhance pricing power, superior management team.
Baron Real Estate Income Fund Q2 2025 reduzir conv. core
Apartment REIT com 33.000 unidades a cater a more affordable income demographic. Maior detrator T2 com tariff concerns sobre lower-income consumers, softer-than-expected pricing power em new leases, e mixed investor reception de acquisitions. Return prospects continuam attractive dado discount vs private market transactions e peers, "value-add" program com enhanced growth, abating supply deliveries e superior management.