| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
145 |
| Employees |
58 |
| Revenues (TTM) (Millions $) |
804 |
| Net Income (TTM) (Millions $) |
695 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
416 |
Business Description
Apartment Income REIT Corp (AIR) is a real estate investment trust (REIT) that primarily invests in multifamily apartment properties across the United States. The companyes primary objective is to provide investors with consistent returns through the ownership of high-quality apartment buildings, located in growing markets with solid job growth, low unemployment rates, and high occupancy rates.
AIR was founded in 2011 as a private company focused on acquiring, renovating, and managing multifamily properties. In 2014, the company went public, and it now operates as a publicly traded REIT on the NYSE. The company is headquartered in Denver, Colorado.
The companyes real estate portfolio consists of over 98 multifamily assets, totaling over 30,000 apartment units, located across the United States. The companyes properties are primarily located in growing markets with strong economic fundamentals, such as the Sun Belt region (Arizona, Nevada, and Texas, among others).
AIRes properties are aimed at the value-add segment of the market, where the company targets undervalued properties that can be improved through renovations and better management practices. AIRes management team is actively involved in the day-to-day operations of its properties, and is constantly on the lookout for opportunities to add value.
The companyes property management team is responsible for maintaining the properties and ensuring that they remain attractive to tenants. AIRes team also seeks to establish strong relationships with local communities to enhance the tenant experience and improve property values.
AIRes investment strategy is focused on acquiring high-quality, cash-flowing properties that offer significant upside potential through renovations and better management. The companyes goal is to provide investors with consistent, long-term returns through the ownership of multifamily assets.
In summary, AIR is a publicly traded REIT that invests in high-quality multifamily apartment properties across the United States. The companyes investment strategy is focused on the value-add segment of the market, where they target undervalued properties that can be improved through renovations and better management practices. The companyes goal is to provide investors with consistent, long-term returns through the ownership of multifamily assets in growing markets with strong economic fundamentals.
Company Address: 4582 South Ulster Street Denver 80237 CO
Company Phone Number: 757-8101 Stock Exchange / Ticker: NYSE AIRC
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