AIRC(Delisted)
Apartment IncomeยทNYSE
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AIRC Profile
Apartment Income Reit Corp.
A REIT that owns and operates apartment communities across 12 states
4582 South Ulster Street
, Suite 1700
, Denver
, CO 80237
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Apartment Income REIT Corp.'s business: (1) invests only in stable apartment communities; (2) has a high-quality and diversified multi-family stable property portfolio; (3) emphasizes the comparative advantages of property management, high customer satisfaction and retention rate, low growth rate of controllable operating expenses, and high operating profit margin; (4) after deducting cash and accounts receivable and weighted average interest expense (net of interest income), Maintain a sound balance sheet at or below peer levels; reduce execution risk by eliminating development and development activities; (v) indirect costs of operations are estimated to be about 15 basis points of GAV, lower than peers as a percentage of GAV. The company's focus on ownership and active management of stable apartment communities will be easier to understand and valued by investors and will be more predictable due to strong operations and reduced execution risk for redevelopment.
