IRT Living is proud to introduce you to our six most senior executive leaders. These
professionals bring extensive knowledge and experience across a variety of disciplines and
offer the strategic direction to the company.
Meet Our Team
Scott F. Schaeffer
Chairman of the Board, Chief Executive Officer and President
Scott has been active in the multi family business for over 35 years. He has served as the chairman of our board of directors since January 2011 and our CEO since February 2013. From February 2009 until December 2016 he served as chief executive officer of RAIT Financial Trust (“RAIT”) and from December 2010 until December 2016 as RAIT’s chairman of the board. Since 2000 Scott has served in numerous executive leadership roles within RAIT including its president and chief operating officer. Scott holds a Bachelor of Science in Commerce from Rider University in Lawrenceville, New Jersey.
Chief Financial Officer
Jim has served as our Chief Financial Officer since May 2012 and our treasurer since January 2011. Jim also served as the chief financial officer and treasurer of RAIT from May 2012 to March 2017 and as the senior vice president-finance and chief accounting officer of RAIT from May 2007 to May 2012. Jim is presently an Adjunct Professor of Finance at Villanova University, a position he has held since 2011. Since January 2018, Jim has also been a board member of Elwyn, a human services nonprofit organization. Jim holds a Bachelor of Science in Accounting from Saint Joseph’s University and a Master of Business Administration from Villanova University. Jim is a certified public accountant.
Jessica K. Norman
Chief Legal Officer
Jessica joined IRT in December 2016 in connection with its management internalization. Prior to that, Jessica served as Managing Director – Corporate Counsel for RAIT Financial Trust, from November 2013 through December 2016. While employed at RAIT, Jessica was primarily responsible for overseeing legal matters affecting IRT. Prior to joining RAIT, Jessica was in private practice from 2006 through 2013 at Drinker Biddle & Reath LLP, Klehr Harrison Harvey Branzburg LLP and Dechert LLP. Jessica holds a Bachelor of Science in Business and Economics from the University of Pittsburgh, as well as a Juris Doctorate and a Master of Business Administration from Temple University.
Chief Accounting Officer
Jason has served as IRT’s Chief Accounting Officer since February 2018 and as our Controller since June 2017. Prior to joining IRT, Jason was the Controller at RAIT Financial Trust, a publicly traded REIT and IRT’s former advisor, from September 2015 to June 2017. Previously, Jason was Director of Financial Reporting at Ascensus, Inc., a private equity owned financial services provider, from May 2013 to September 2015. From 2005 to 2013, he worked for KPMG LLP, a national public accounting firm, serving a variety of public and private financial institution clients. Jason is a Certified Public Accountant in Pennsylvania and holds a Bachelor of Science in Accounting from Widener University.