The facts are sourced from an 8-K filed with the SEC via EDGAR, published on September 9, 2026. The deal's current status is pending regulatory review.
Financial advisory roles are disclosed for both sides, without a lead designation specified for any individual advisor. BMO Capital Markets Corp. is acting as financial advisor to Centerspace, the target, per the statement "BMO Capital Markets Corp. is acting as financial advisor, and Wachtell, Lipton, Rosen & Katz is acting as legal advisor to Centerspace." On the acquirer side, RBC Capital Markets and Rothschild & Co. are both acting as financial advisors to IRT, consistent with the language "RBC Capital Markets and Rothschild & Co. are acting as financial advisors and Troutman Pepper Locke LLP is acting as legal advisor to IRT."
Legal advisors are disclosed for both sides: Wachtell, Lipton, Rosen & Katz is acting as legal advisor to Centerspace, the target, while Troutman Pepper Locke LLP is acting as legal advisor to IRT, the acquirer.
Beyond the classification of this transaction as an all-stock merger with a disclosed value of $8,100,000,000, no further detail on the specific exchange ratio or other consideration terms is included in the facts provided.
Several items are not disclosed in this record: the specific stock exchange ratio is not given, and no expected closing date is given beyond the pending-regulatory status.