AGREEMENT AND PLAN of mergerAgreement and Plan of Merger • July 26th, 2021 • Independence Realty Trust, Inc. • Real estate investment trusts • Delaware
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of July 26, 2021, is made by and among Independence Realty Trust, Inc., a Maryland corporation (“Parent”), Independence Realty Operating Partnership, LP, a Delaware limited partnership (“Parent OP”), IRSTAR Sub, LLC, a Maryland limited liability company and direct wholly owned Subsidiary of Parent (“Merger Sub”), Steadfast Apartment REIT, Inc., a Maryland corporation (the “Company”), and Steadfast Apartment REIT Operating Partnership, L.P., a Delaware limited partnership (the “Company OP”).
ACKNOWLEDGEMENTIndependence Realty Trust, Inc. • July 26th, 2021 • Real estate investment trusts
Independence Realty Trust, Inc. (the “Company”) expects to enter into an Agreement and Plan of Merger with Steadfast Apartment REIT, Inc. (“Steadfast”), and certain other parties named therein, whereby (1) Steadfast will be merged with and into IRSTAR Sub, LLC, wholly-owned subsidiary of the Company (“IRT Merger Sub”), with IRT Merger Sub surviving as a wholly-owned subsidiary of the Company (the “Company Merger”), and (2) immediately following the Company Merger, Steadfast Apartment REIT Operating Partnership, L.P. will be merged with and into Independence Realty Operating Partnership, LP (“IRT OP”), with IRT OP surviving (the “Partnership Merger” and, together with the Company Merger, the “Mergers”).
