The estimated Net Worth of Farrell M. Ender is at least $4.98 Million dollars as of 12 February 2019. Mr. Ender owns over 75,000 units of Independence Realty Trust stock worth over $3,443,147 and over the last 10 years he sold IRT stock worth over $0. In addition, he makes $1,539,010 as President at Independence Realty Trust.
Farrell has made over 8 trades of the Independence Realty Trust stock since 2015, according to the Form 4 filled with the SEC. Most recently he exercised 75,000 units of IRT stock worth $701,250 on 12 February 2019.
The largest trade he's ever made was exercising 75,000 units of Independence Realty Trust stock on 12 February 2019 worth over $701,250. On average, Farrell trades about 3,840 units every 27 days since 2015. As of 12 February 2019 he still owns at least 168,699 units of Independence Realty Trust stock.
You can see the complete history of Mr. Ender stock trades at the bottom of the page.
Farrell M. Ender serves as President of the Company. Mr. Ender also served as the President of Independence Realty Advisors, LLC, or IRA, our former external advisor, from April 2013 to December 2016, as Senior Vice President of RAIT, the parent of IRA and our then largest stockholder, from October 2007 through December 2014 and as Vice President of RAIT from October 2002 through October 2007. His experience includes acquisition, property management, construction management and disposition of apartment properties. In his capacity as Senior Vice President of RAIT, Mr. Ender was responsible for investing and structuring both debt and equity financing in commercial real estate properties for RAIT. During that time period, Mr. Ender invested over $1.2 billion on behalf of RAIT of which $833 million was directed into 65 apartment properties containing over 14,000 units. Previously, as a Vice President in RAIT’s underwriting department, Mr. Ender was responsible for performing due diligence and underwriting for approximately $300 million of investments. Before joining RAIT, from 1999 to 2002 Mr. Ender held various real estate positions at Wachovia/Maher Partners, The Staubach Company and Toll Brothers. Mr. Ender received a BBA with a major in finance from James Madison University.
As the President of Independence Realty Trust, the total compensation of Farrell Ender at Independence Realty Trust is $1,539,010. There are 3 executives at Independence Realty Trust getting paid more, with Scott Schaeffer having the highest compensation of $3,901,090.
Farrell Ender is 44, he's been the President of Independence Realty Trust since 2014. There are 10 older and 3 younger executives at Independence Realty Trust. The oldest executive at Independence Realty Trust, Inc. is William Dunkelberg, 77, who is the Independent Director.
Farrell's mailing address filed with the SEC is C/O INDEPENDENCE REALTY TRUST, INC., 1835 MARKET ST., SUITE 2601, PHILADELPHIA, PA, 19103.
Over the last 11 years, insiders at Independence Realty Trust have traded over $65,732,167 worth of Independence Realty Trust stock and bought 1,807,020 units worth $15,479,121 . The most active insiders traders include Financial Trust Belle Creek..., Financial Trust Rait Ntr Ho... und Craig Macnab. On average, Independence Realty Trust executives and independent directors trade stock every 81 days with the average trade being worth of $4,639,173. The most recent stock trade was executed by Scott Schaeffer on 6 December 2022, trading 172,486 units of IRT stock currently worth $2,973,659.
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
Independence Realty Trust executives and other stock owners filed with the SEC include: