<SEC-DOCUMENT>0001144204-15-032858.txt : 20150521
<SEC-HEADER>0001144204-15-032858.hdr.sgml : 20150521
<ACCEPTANCE-DATETIME>20150521135312
ACCESSION NUMBER:		0001144204-15-032858
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20150521
DATE AS OF CHANGE:		20150521

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INDEPENDENCE REALTY TRUST, INC
		CENTRAL INDEX KEY:			0001466085
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				264567130
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-87595
		FILM NUMBER:		15882220

	BUSINESS ADDRESS:	
		STREET 1:		CIRA CENTRE
		STREET 2:		2929 ARCH ST. 17TH FLOOR
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19104
		BUSINESS PHONE:		2152439000

	MAIL ADDRESS:	
		STREET 1:		CIRA CENTRE
		STREET 2:		2929 ARCH ST. 17TH FLOOR
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INDEPENDENCE REALTY TRUST INC
		DATE OF NAME CHANGE:	20110211

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EMPIRE AMERICAN REALTY TRUST INC
		DATE OF NAME CHANGE:	20090610

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Trade Street Residential, Inc.
		CENTRAL INDEX KEY:			0001299901
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				134284187
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		19950 W. COUNTRY CLUB DRIVE
		STREET 2:		SUITE 800
		CITY:			AVENTURA
		STATE:			FL
		ZIP:			33180
		BUSINESS PHONE:		786-248-5200

	MAIL ADDRESS:	
		STREET 1:		19950 W. COUNTRY CLUB DRIVE
		STREET 2:		SUITE 800
		CITY:			AVENTURA
		STATE:			FL
		ZIP:			33180

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Feldman Mall Properties, Inc.
		DATE OF NAME CHANGE:	20040806
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>v411406_sc13d.htm
<DESCRIPTION>SCHEDULE 13D
<TEXT>
<HTML>
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<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="vertical-align: top; width: 23%; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt">&nbsp;</td>
    <td style="vertical-align: top; width: 55%; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt"><b>UNITED STATES</b></td>
    <td style="vertical-align: bottom; width: 22%; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 0.7pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt">&nbsp;</td>
    <td style="padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt"><b>SECURITIES AND EXCHANGE COMMISSION</b></td>
    <td style="padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 0.7pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt">&nbsp;</td>
    <td style="vertical-align: top; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt"><font style="font-size: 10pt"><b>Washington, D.C. 20549</b></font></td>
    <td style="vertical-align: bottom; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 0.7pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt">&nbsp;</td>
    <td style="vertical-align: top; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt">&nbsp;</td>
    <td style="vertical-align: bottom; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 0.7pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt">&nbsp;</td>
    <td style="vertical-align: top; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt"><b>SCHEDULE 13D</b></td>
    <td style="vertical-align: bottom; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 0.7pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt">&nbsp;</td>
    <td style="vertical-align: top; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 10pt; text-align: center; text-indent: -10pt"><font style="font-size: 10pt"><b>(Rule&nbsp;13d-101)</b></font></td>
    <td style="vertical-align: bottom; padding-right: 0.7pt; padding-bottom: 0.7pt; padding-left: 0.7pt">&nbsp;</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION TO BE INCLUDED IN STATEMENTS
FILED</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PURSUANT TO RULE 13d-1(a)&nbsp;AND AMENDMENTS
THERETO FILED</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PURSUANT TO RULE 13d-2(a)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Under the Securities Exchange Act of
1934 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Amendment No.&nbsp;&nbsp;&nbsp;&nbsp;
)</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>Independence
Realty Trust, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name of Issuer)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>Common
Stock, par value $0.01 per share</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Title of Class of Securities)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>45378A106</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(CUSIP Number)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Richard H. Ross</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Chief Executive Officer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Trade Street Residential, Inc.<BR>
19950 West Country Club Drive<BR>
Aventura, Florida 33180</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(786) 248-5200</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name, Address and Telephone Number of Person<BR>
Authorized to Receive Notices and Communications)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>May 11,
2015</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Date of Event Which Requires Filing of
this Statement)<BR>
<BR>
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in">If the filing person has previously filed a statement on
Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of &sect;&sect;
240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. <FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in">* The remainder of this cover page shall be filled out for
a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided in a prior cover page.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in">The information required on the remainder of this cover
page shall not be deemed to be &quot;filed&quot; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&quot;Act&quot;)
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>


<HR SIZE="3" NOSHADE ALIGN="LEFT" STYLE="width: 100%; color: #010101">


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<tr>
    <td style="width: 100%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">CUSIP No. <b>45378A106</b></font></td></tr>
<tr>
    <td style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">1</font></td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Name of Reporting Persons</font><br>
<font style="font-size: 10pt"><b>Trade Street Residential, Inc.</b></font></td></tr>
<tr>
    <td colspan="4" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">2</font></td>
    <td colspan="2" style="padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Check the Appropriate Box if a Member of a Group</font></td></tr>
<tr>
    <td style="width: 3%; padding: 4pt 3pt 3pt">&nbsp;</td>
    <td style="vertical-align: top; width: 5%; padding: 4pt 3pt 3pt">&nbsp;</td>
    <td style="width: 8%; padding: 4pt 3pt 3pt"><font style="font-size: 10pt">(a)</font></td>
    <td style="width: 84%; border-bottom: black 1pt solid; padding: 4pt 3pt 3pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></td></tr>
<tr>
    <td style="padding: 4pt 3pt 3pt">&nbsp;</td>
    <td style="vertical-align: top; padding: 4pt 3pt 3pt">&nbsp;</td>
    <td style="padding: 4pt 3pt 3pt"><font style="font-size: 10pt">(b)</font></td>
    <td style="border-bottom: black 1pt solid; padding: 4pt 3pt 3pt"><font style="font: 10pt Wingdings">x</font></td></tr>
<tr style="vertical-align: top">
    <td colspan="4" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">3</font></td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">SEC Use Only </font></td></tr>
<tr style="vertical-align: top">
    <td colspan="4" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">4</font></td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Source of Funds </font><br>
<font style="font-size: 10pt"><b>OO</b></font></td></tr>
<tr style="vertical-align: top">
    <td colspan="4" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">5</font></td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)&nbsp; &nbsp;&nbsp;&nbsp;<font style="font-family: Wingdings">o</font></font></td></tr>
<tr style="vertical-align: top">
    <td colspan="4" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">6</font></td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Citizenship or Place of Organization</font><br>
<font style="font-size: 10pt">Maryland</font></td></tr>
<tr>
    <td colspan="4" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td rowspan="7" style="width: 12%; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Number of</font><br>
<font style="font-size: 10pt">Shares</font><br>
<font style="font-size: 10pt">Beneficially</font><br>
<font style="font-size: 10pt">Owned by</font><br>
<font style="font-size: 10pt">Each</font><br>
<font style="font-size: 10pt">Reporting</font><br>
<font style="font-size: 10pt">Person With</font></td>
    <td style="vertical-align: top; width: 4%; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">7</font></td>
    <td style="width: 84%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Sole Voting Power </font><br>
<font style="font-size: 10pt">0</font></td></tr>
<tr style="vertical-align: top">
    <td colspan="2" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">8</font></td>
    <td style="border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Shared Voting Power </font><br>
<font style="font-size: 10pt"><b>7,269,719 Shares (1)</b></font></td></tr>
<tr style="vertical-align: top">
    <td colspan="2" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">9</font></td>
    <td style="border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Sole Dispositive Power </font><br>
<font style="font-size: 10pt">0</font></td></tr>
<tr style="vertical-align: top">
    <td colspan="2" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">10</font></td>
    <td style="border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Shared Dispositive Power </font><br>
<font style="font-size: 10pt">0</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td colspan="3" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="width: 3%; padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td>
    <td style="vertical-align: top; width: 5%; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">11</font></td>
    <td style="width: 92%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Aggregate Amount Beneficially Owned by Each Reporting Person </font><br>
<font style="font-size: 10pt"><b>7,269,719 Shares (1)</b></font></td></tr>
<tr style="vertical-align: top">
    <td colspan="3" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">12</font></td>
    <td style="border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares&nbsp;&nbsp; <font style="font-family: Wingdings">o</font></font></td></tr>
<tr style="vertical-align: top">
    <td colspan="3" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">13</font></td>
    <td style="border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Percent of Class Represented by Amount in Row (11) </font><br>
<font style="font-size: 10pt"><b>21.9% (2)</b></font></td></tr>
<tr style="vertical-align: top">
    <td colspan="3" style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td></tr>
<tr>
    <td style="padding-top: 4pt; padding-bottom: 4pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">14</font></td>
    <td style="border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">Type of Reporting Person </font><br>
<font style="font-size: 10pt"><b>CO</b></font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(1) Pursuant to the Voting Agreement described in Item 4, Trade
Street Residential, Inc. (&ldquo;<U>Trade Street</U>&rdquo;) may be deemed to have beneficial ownership of 7,269,719 shares common
shares of Independence Realty Trust, Inc. (&ldquo;<U>IRT</U>&rdquo;). Neither the filing of this statement on Schedule 13D nor
any of its contents shall be deemed to constitute an admission by Trade Street that it is the beneficial owner of any such common
shares for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial
ownership is hereby expressly disclaimed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(2) Based on 33,150,734 shares of common stock of IRT outstanding
on May 8, 2015, in reliance on the representation made by IRT in the Agreement and Plan of Merger, dated May 11, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="width: 100%; border-bottom: black 1pt solid; padding-top: 4pt; padding-bottom: 4pt"><font style="font-size: 10pt">CUSIP No. <b>45378A106</b></font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Security and Issuer.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This Statement on Schedule 13D relates to the common stock,
par value $0.01 per share (&ldquo;<U>Common Stock</U>&rdquo;), of Independence Realty Trust, Inc., a Maryland corporation (&ldquo;<U>IRT</U>&rdquo;).&nbsp;
The principal executive offices of IRT are located at Cira Centre, 2929 Arch Street, 17th Floor, Philadelphia, PA 19104.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Identity and Background.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(a) - (c) and (f). This Schedule 13D is being filed by Trade
Street Residential, Inc., a Maryland corporation (&ldquo;<U>Trade Street</U>&rdquo;). Trade Street is engaged in the business of
acquiring, owning, operating and managing high quality, conveniently located apartment communities in mid-sized cities and suburban
submarkets of larger cities primarily in the southeastern United States, including Texas. The address of its principal place of
business and of its principal office is 19950 West Country Club Drive, Suite 800, Aventura, Florida 33180. The name, residence
or business address, citizenship and present principal occupation of each executive officer and director of Trade Street is set
forth in <U>Annex A</U> hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(d) - (e). During the last five years, neither Trade Street
nor, to the best of its knowledge, any person listed in Annex A hereto, has been (i) convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations
of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to
such laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Source and Amount of Funds. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As described in response to Item 4, the Voting Agreement Shares
(as defined below) to which this Statement relates have not been purchased by Trade Street, and thus no funds were used for such
purpose. Trade Street did not pay additional consideration to IRT in connection with the execution and delivery of the Voting Agreement.
To the knowledge of Trade Street, no person named in Annex A hereto has expended, nor expects to expend, funds in connection with
Trade Street&rsquo;s acquired interest in the Voting Agreement Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For a description of the Voting Agreement, see Item 4 below,
which description is incorporated herein by reference in response to this Item 3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purpose of Transaction.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On May 11, 2015, Trade Street and Trade Street Operating Partnership,
L.P. entered into an Agreement and Plan of Merger (the &ldquo;<U>Merger Agreement</U>&rdquo;) with IRT, Independence Realty Operating
Partnership, LP, a Delaware limited partnership and a subsidiary of IRT (&ldquo;<U>IRT OP</U>&rdquo;), IRT Limited Partner, LLC,
a Delaware limited liability company and a wholly-owned subsidiary of IRT, and Adventure Merger Sub LLC, a Delaware limited liability
company and a wholly-owned subsidiary of IRT OP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The foregoing description of the Merger Agreement does not purport
to be complete and is qualified in its entirety by reference to the Merger Agreement, a copy of which is attached as Exhibit 99.1
hereto and is incorporated herein in its entirety by reference thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Concurrently with the execution of the Merger Agreement, on
May 11, 2015, RAIT Financial Trust (the &ldquo;<U>Stockholder</U>&rdquo;) and Trade Street entered into a Voting Agreement (the
&ldquo;<U>Voting Agreement</U>&rdquo;), pursuant to which the Stockholder agreed to (i) appear at every stockholders&rsquo; meeting
of IRT called with respect to any of the following matters (a &ldquo;<U>Stockholder Meeting</U>&rdquo;) or otherwise cause its
shares of the Common Stock of IRT now owned or hereafter acquired (the &ldquo;<U>Voting Agreement Shares</U>&rdquo;) to be counted
as present thereat, for purposes of calculating a quorum, (ii) vote, or cause to be voted, the Voting Agreement Shares (a) in favor
of the issuance of IRT Common Stock in connection with the Merger, (b) in favor of any other matter that is reasonably required
to facilitate the consummation of the Merger (as defined in the Voting Agreement), (c) in favor of any proposal to adjourn a Stockholder
Meeting to solicit additional proxies in favor of the approval of the issuance of IRT Common Stock in connection with the Merger,
and (d) against (I) any action or agreement that would reasonably be expected to result in any condition to the consummation of
the Merger as set forth in the Merger Agreement not being fulfilled, and (II) any action which would reasonably be expected to
materially impede, interfere with, materially delay, materially postpone or adversely affect consummation of the Merger, in each
case to the extent that the stockholders of IRT are entitled to consider and vote on such matters(s) at a Stockholder Meeting,
and (ii) not transfer or deposit into a voting trust any of the Voting Agreement Shares unless the transferee thereof executes
a joinder to the Voting Agreement&rsquo; subject to the terms and conditions contained therein. In accordance with the Voting Agreement,
the Stockholder is not required to vote the Voting Agreement Shares in accordance with clause (i) of the preceding sentence if
the Board of Directors of IRT changes its recommendation that the stockholders of IRT approve the Merger prior to obtaining such
stockholder approval, or the Merger Agreement or any of the transactions contemplated thereby is amended in a manner that is materially
adverse to the Stockholder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Voting Agreement provides that, on the terms and subject
to the conditions therein, the Stockholder grants a proxy appointing Trade Street and its designees as its attorney-in-fact and
proxy with respect to the Voting Agreement Shares, with full power of substitution or resubstitution, to vote solely in the manner
described in the immediately preceding paragraph hereof. The Voting Agreement provides that such proxy is irrevocable, but will
be automatically revoked upon termination of the Voting Agreement, as described in the immediately following paragraph.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Voting Agreement terminates upon the earlier to occur of
(i) the Effective Time (as defined in the Merger Agreement); (ii) such date and time as the Merger Agreement shall terminate in
accordance with the terms thereof; (iii) the date of any modification, waiver, change or amendment to the Merger Agreement that
is materially adverse to the Stockholder; or (iv) the End Date (as defined in the Merger Agreement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The foregoing description of the Voting Agreement does not purport
to be complete and is qualified in its entirety by reference to the Voting Agreement, a copy of which is attached as Exhibit 99.2
hereto and is incorporated herein in its entirety by reference thereto. This statement on Schedule 13D does not purport to amend,
qualify or in any way modify such Voting Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest in Securities of the Issuer.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">(a) As a result of the Voting
Agreement, Trade Street may be deemed to beneficially own the 7,269,719 shares of IRT Common Stock currently owned of record by
the Stockholder. Such IRT Common Stock represents approximately 21.9% of the outstanding IRT Common Stock (based upon the 33,150,734
shares reported by IRT to be issued and outstanding as of May&nbsp;8, 2015, as set forth in the Merger Agreement).</FONT> T<FONT STYLE="font-size: 10pt">o
the knowledge of Trade Street, none of the persons listed in Annex A hereto beneficially owns any IRT Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(b) Pursuant to the Voting Agreement, Trade Street may be deemed
to share voting power with respect to the 7,269,719 shares of IRT Common Stock held by the Stockholder. To the knowledge of Trade
Street, this Item 5(b) does not apply to any person named in Annex A hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(c) Except as described above in Item&nbsp;4, neither Trade
Street nor, to the knowledge of Trade Street, any of the persons listed in Annex A hereto has effected any transactions in the
securities of IRT during the past sixty days.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(d) Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(e) Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Other than as described in Items 3, 4 and 5 and the agreements
incorporated by reference and set forth as exhibits hereto, neither Trade Street nor, to the knowledge of Trade Street, any of
the persons named in Annex A hereto is a party to any contract, arrangement, understanding or relationship with respect to any
securities of IRT.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Material to be Filed as Exhibits.</B></P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10%">&nbsp;</td>
    <td style="width: 1%">&nbsp;</td>
    <td style="width: 89%">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Exhibit</font><br>
<font style="font-size: 10pt">No.</font></td>
    <td style="vertical-align: top">&nbsp;</td>
    <td style="vertical-align: bottom; border-bottom: black 1pt solid"><font style="font-size: 10pt">Description</font></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center"><font style="font-size: 10pt">99.1</font></td>
    <td>&nbsp;</td>
    <td><FONT STYLE="font-size: 10pt">Agreement and Plan of Merger, dated as of May 11, 2015, by and among Independence Realty
Trust, Inc., Independence Realty Operating Partnership, LP, IRT Limited Partner, LLC, Adventure Merger Sub LLC, Trade Street Residential,
Inc. and Trade Street Operating Partnership, L.P.</FONT> <FONT STYLE="font-size: 10pt">(incorporated herein by reference to Exhibit
2.1 of the Current Report on Form 8-K filed by Trade Street Residential, Inc. on May 11, 2015 (SEC File No. 001-32365)).</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<tr style="vertical-align: top">
    <td style="text-align: center"><font style="font-size: 10pt">99.2</font></td>
    <td>&nbsp;</td>
    <td><font style="font-size: 10pt">Voting Agreement, dated May 11, 2015, by and between Trade Street Residential, Inc. and RAIT Financial Trust (incorporated herein by reference to Exhibit 10.1 of the Current Report on Form 8-K filed by Trade Street Residential, Inc. on May 11, 2015 (SEC File No. 001-32365)).</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>[Signature Page Follows]</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><BR CLEAR="ALL"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">After reasonable inquiry and to the best
of my knowledge and belief,&nbsp;the undersigned certifies that the information set forth in this statement is true, complete and
correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dated:&nbsp; May&nbsp;21, 2015</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td colspan="2"><b>Trade Street Residential, Inc.</b></td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="width: 48%">&nbsp;</td>
    <td style="width: 2%">&nbsp;</td>
    <td style="width: 4%"><font style="font-size: 10pt">By:</font></td>
    <td style="width: 46%; border-bottom: black 1pt solid"><font style="font-size: 10pt">/s/ Richard H. Ross</font></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: justify">&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font style="font-size: 10pt">Richard H. Ross</font></td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font style="font-size: 10pt">&nbsp;Chief Executive Officer</font></td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td></tr>
</table>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>ANNEX A </U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXECUTIVE OFFICERS AND DIRECTORS OF TRADE
STREET RESIDENTIAL, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">The name, present principal occupation
or employment, and the name, principal business and address of any corporation or other organization in which such employment is
conducted, of each of the executive officers and directors of Trade Street Residential, Inc. (&ldquo;Trade Street&rdquo;) is set
forth below. The principal business address of each of the executive officers and directors is 19950 West Country Club Drive, Suite
800, Aventura, Florida 33180. Each executive officer and each director of Trade Street is a citizen of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Executive Officers: </U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="width: 26%">&nbsp;</td>
    <td style="vertical-align: bottom; width: 1%">&nbsp;</td>
    <td style="width: 73%">&nbsp;</td></tr>
<tr style="vertical-align: bottom">
    <td nowrap>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: black 1pt solid"><b>Name</b></P></td>
    <td>&nbsp;</td>
    <td nowrap>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: black 1pt solid"><b>Position/Present Principal
        Occupation or Employment Name and Business Address</b></P></td></tr>
<tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 10pt">Richard H. Ross</font></td>
    <td style="vertical-align: bottom">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">Chief Executive Officer and President</font></td></tr>
<tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 10pt">Randall C. Eberline</font></td>
    <td style="vertical-align: bottom">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">Chief Accounting Officer</font></td></tr>
<tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Directors: </U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="width: 26%">&nbsp;</td>
    <td style="vertical-align: bottom; width: 1%">&nbsp;</td>
    <td style="width: 73%">&nbsp;</td></tr>
<tr style="vertical-align: bottom">
    <td nowrap>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: black 1pt solid"><b>Name</b></P></td>
    <td>&nbsp;</td>
    <td nowrap>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: black 1pt solid"><b>Position/Present Principal
        Occupation or Employment and Business Address</b></P></td></tr>
<tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 10pt">Randolph C. Coley</font></td>
    <td style="vertical-align: bottom">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">Director of Trade Street</font></td></tr>
<tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 10pt">Mack D. Pridgen III</font></td>
    <td style="vertical-align: bottom">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">Chairman of the Board of Trade Street</font></td></tr>
<tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 10pt">Nirmal Roy</font></td>
    <td style="vertical-align: bottom">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">Director of Trade Street and Investment Professional for BHR Capital LLC, 545 Madison Ave, New York, NY 10022</font></td></tr>
<tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 10pt">Michael Simanovsky</font></td>
    <td style="vertical-align: bottom">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">Director of Trade Street and Senior Investment Professional at Senator Investment Group LP, 510 Madison Avenue, 28th Floor, New York, NY 10022</font></td></tr>
<tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 10pt">Adam Sklar</font></td>
    <td style="vertical-align: bottom">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">Director of Trade Street and Senior Investment Professional at Monarch Alternative Capital L.P., 535 Madison Avenue, New York, NY 10022</font></td></tr>
<tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
</table>
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