(212) 728−8000

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CUSIP No. 89255N203

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CUSIP No. 89255N203

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CUSIP No. 89255N203

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CUSIP No. 89255N203

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CUSIP No. 89255N203

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CUSIP No. 89255N203

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This Amendment No. 2 to Schedule 13D (“Amendment No. 2”) amends the Schedule 13D originally filed on January 16, 2014 and amended pursuant to Amendment No. 1 to Schedule 13D filed on May 13, 2015 (the “Schedule 13D”) and relates to the common stock, par value $0.01 per share (the “Common Stock”) of Trade Street Residential, Inc., a Maryland corporation (the “Company”).  This Amendment No. 2 is being filed on behalf of Monarch Alternative Capital LP (“MAC”), MDRA GP LP (“MDRA GP”), Monarch GP LLC (“GP LLC”), Monarch Debt Recovery Master Fund Ltd (“MDRF”), Monarch Opportunities Master Fund Ltd (“MOF”), MCP Holdings Master LP (“MCPA”), MCP Holdings GP LLC (“MAC GP”) and Monarch GP Investor LLC (“Investor LLC”, and together with MAC, MDRA GP, GP LLC, MDRF, MOF, MCPA and MAC GP, the “Monarch Filers”).  MCPA was formerly known as Monarch Capital Master Partners II-A LP and its general partner was formerly Monarch Alternative Capital GP LLC.

Item 4. Purpose of the Transaction

Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following after the final paragraph thereof:

On September 17, 2015, pursuant to the Merger Agreement, Trade Street Residential, Inc. merged with and into IRT Limited Partner, LLC, with IRT Limited Partner, LLC surviving the Merger.  IRT Limited Partner, LLC is a wholly owned subsidiary of Independence Realty Trust, Inc. (“IRT”).  The Monarch Filers received consideration per share of Common Stock in an amount equal to $3.80 plus .4108 shares of common stock, par value $0.01 per share of IRT (the “Merger Consideration”).  As a result of the Merger the Common Stock ceased to exist and the holders of the Common Stock became entitled to receive the Merger Consideration.

Item 5.  Interest in Securities of the Issuer

The response set forth in Item 5(a) of the Schedule 13D is hereby amended and restated in its entirety as follows:

(a)  As a result of the consummation of the Merger, the Monarch Filers no longer beneficially own any Common Stock.

The response set forth in Item 5(b) of the Schedule 13D is hereby amended and restated in its entirety as follows:

(b)  As a result of the consummation of the Merger, the Monarch Filers no longer beneficially own any Common Stock.  As such, the Monarch Filers no longer have any voting or dispositive power over any Common Stock.

The response set forth in Item 5(c) of the Schedule 13D is hereby amended and restated in its entirety as follows:

(c)  None of the Reporting Persons has engaged in any transactions during the past 60 days in any shares of Common Stock, except as described in this Schedule 13D.

The response set forth in Item 5(e) of the Schedule 13D is hereby amended and restated in its entirety as follows:

(e)  As a result of the consummation of the Merger, the Monarch Filers ceased to beneficially own 5% or more of the outstanding Common Stock, and accordingly, this statement on Schedule 13D is hereby terminated and this Amendment No. 2 constitutes the final amendment thereto.

[Signatures on following page]

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SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.