Apartment Income REIT Corp

Apartment Income REIT Corp. is a real estate investment trust, which engages in the provision of apartment communities. It operates through Same Store and Other Real Estate segments. The Same Store segment includes communities owned and managed by Apartment Income REIT Corp. The Other Real Estate segment consists of five properties that were acquired in 2021 and four communities. The company is headquartered in Denver, CO.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q3 2024

Apartment Income REIT Corp (AIRC) reports strong Q4 performance and strategic focus on buybacks for future growth

AIRC's Q4 performance showcased revenue growth, strong margins, and effective portfolio management. The company's focus on buybacks over share issuance and minimal supply risks in key markets position it well for future growth. Despite challenges in the macroeconomic environment, AIRC remains resilient and focused on strategic opportunities.

Apartment Income REIT Corp (AIRC) excels in Q1, eyes growth opportunities

Apartment Income REIT Corp (AIRC) reported strong first quarter results driven by operational efficiency, high margins, and customer satisfaction.
The company's focus on portfolio repositioning and capital allocation aims to enhance returns and portfolio quality.
While challenges like market rent growth and credit facilities exist, AIRC's strong balance sheet and liquidity position it well for future growth.
Opportunities in optimizing NOI, market performance, and deleveraging plans can further propel AIR's growth and profitability.

Apartment Income REIT Corp (AIRC) excels in Q2 performance, eyes strategic growth opportunities

Apartment Income REIT Corp (AIRC) delivered strong operational performance with a focus on customer satisfaction, revenue growth, and strategic partnerships. While facing challenges related to bad debt reduction and fee sustainability, AIRC remains well-positioned for growth through acquisitions and market-specific strategies.

Apartment Income REIT Corp exceeds Q3 expectations, eyes 2024 growth

AIRC's Q3 earnings call highlighted strong performance, operational efficiencies, and a positive outlook for 2024. The company is focused on enhancing NOI growth rates, controlling expenses, and improving resident quality. Challenges include managing bad debt expenses and navigating market dynamics.

AIRC reports robust Q4 performance and strategic growth initiatives

AIRC's Q4 performance reflects strong revenue growth and operational efficiency, underpinned by strategic acquisitions and portfolio enhancements.
Despite challenges in managing interest expenses and market dynamics, the company's focus on resident quality, financial discipline, and strategic positioning bode well for future growth.
Opportunities in optimizing portfolio quality, leveraging strategic advantages, and capitalizing on market conditions position AIRC for continued success and value creation for shareholders.

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Apartment Income REIT Corp. is a real estate investment trust, which engages in the provision of apartment communities. It operates through Same Store and Other Real Estate segments. The Same Store segment includes communities owned and managed by Apartment Income REIT Corp. The Other Real Estate segment consists of five properties that were acquired in 2021 and four communities. The company was founded on March 15, 2021 and is headquartered in Denver, CO.

2023 marks AIR's second year on the National Top Workplace list. 2023 marks AIR's second year on the National Top Workplace list.

AIR Communities Earns 2023 National Top Workplace Award

Denver, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Apartment Income REIT Corp. (NYSE: AIRC) (“AIR” or “AIR Communities”) announced today its placement on Built In's Best Places to Work lists in Colorado , Los Angeles , Miami , and Washington DC. The annual award program includes companies of all sizes, and honors businesses in large tech markets across the United States.

AIR Communities Named a Built In 2023 Best Places to Work Winner

Apartment Income REIT was created in late 2020 via a spinoff from Aimco. The company is now a competitive publicly traded operator of multifamily apartment communities located in diversified markets across the U.S.

Apartment Income REIT: A Higher Yielding Multifamily Operator

DENVER--( BUSINESS WIRE )--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) reported today the tax status of its 2022 distributions paid to shareholders. Details on the tax classifications of the distributions are included in the table below:

AIR Communities Announces 2022 Dividend Income Tax Allocations

Investors need to pay close attention to Apartment Income REIT (AIRC) stock based on the movements in the options market lately.

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Most investors were thrilled to see 2022 come to an end, as it was one of the worst years for stocks since the turn of the century.

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DENVER--( BUSINESS WIRE )--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) will release Fourth Quarter and Year-End 2022 earnings on Thursday, February 9, 2023, after the market closes. A live conference call to discuss these results will be conducted on Friday, February 10, 2023, at 1:00 p.m. Eastern time.

AIR Communities Announces Dates for Fourth Quarter and Year-End 2022 Earnings Release and Conference Call

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As many of you know, I have been writing on Seeking Alpha for over a decade. While doing so, I have amassed a sizeable portfolio in Real Estate Investment Trusts.

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Many investors will be more than happy to see 2022 come to an end, as it has been one of the worst years for stocks since the turn of the century.

Goldman Sachs Loves 5 REITs for 2023 That Pay Big, Dependable Dividends

DENVER--( BUSINESS WIRE )--Apartment Income REIT Corp. (NYSE: AIRC) (“AIR” or the “Company”) announced that Moody's Investors Service, ("Moody's") assigned a first-time Baa2 issuer rating to AIR in a press release issued on December 5, 2022. In the same rating action, Moody's also assigned a shelf rating of (P)Baa2 to Apartment Income REIT, L.P.'s senior unsecured debt shelf. The rating outlook is stable.

AIR Communities Obtains Baa2 Rating from Moody's Investors Services

Denver, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Hundreds of Apartment Income REIT Corp. (known as AIR Communities or AIR) teammates volunteered their time in November to address local needs through the company's philanthropic program, AIR Gives.

AIR Communities Team Gives Back During National Week of Service

DENVER--( BUSINESS WIRE )--Apartment Income REIT Corp. (NYSE: AIRC) (“AIR” or the “Company”) announced Board action to amend its charter to reduce to a simple majority the shareholder vote required to amend AIR's bylaws. The action taken is subject to the affirmative vote of shareholders, which vote is anticipated to be held at the 2023 annual shareholder meeting.

AIR Communities Continues Its Commitment to Corporate Governance Excellence

DENVER--( BUSINESS WIRE )--Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) announced today the sale last week of its New England portfolio of six communities with 1,314 apartment units for $500 million. The disposition price represents a trailing twelve-month NOI cap rate of approximately 4.4%.

AIR Communities Announces Sale of its New England Multi-Family Portfolio

AIR's inaugural public announcement of its GRESB performance includes a 29% improvement over the prior year's environmental stewardship score, a perfect social responsibility score, and near perfect corporate governance score. AIR's inaugural public announcement of its GRESB performance includes a 29% improvement over the prior year's environmental stewardship score, a perfect social responsibility score, and near perfect corporate governance score.

AIR Communities Announces 2022 GRESB Performance

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Apartment Income REIT Corp. (NYSE:AIRC ) Q3 2022 Results Conference Call November 4, 2022 1:00 PM ET Company Participants Lisa Cohn - President and General Counsel, AIR Communities Terry Considine - CEO Keith Kimmel - President of Property Operations John McGrath - Co-CIO and Chairman of Investment Committee Paul Beldin - Chief Financial Officer Conference Call Participants Chandni Luthra - Goldman Sachs Rich Anderson - SMBC Nick Joseph - Citi Haendel St. Juste - Mizuho John Kim - BMO Capital Markets John Pawlowski - Green Street Operator Hello, and welcome to the AIR Communities Third Quarter 2022 Earnings Conference Call. My name is Alex, and I'll be coordinating the call today.

Apartment Income REIT Corp. (AIRC) Q3 2022 Earnings Call Transcript

Apartment Income REIT Corp. (AIRC) delivered FFO and revenue surprises of 0% and 0.72%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Apartment Income REIT Corp. (AIRC) Matches Q3 FFO Estimates

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) announced today third quarter results for 2022.

AIR Reports Third Quarter 2022 Results Ahead of Plan; Operating Fundamentals Across All Markets Remain Strong, On Track For Full Year Record Same Store NOI Growth

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Many decades ago, dividends were a key part of any investment decision. Investors often prioritized the highest yields with the most consistency. However, after the dot-com bubble, there was a sustained shift towards technology/growth companies that didn't pay a dividend. Even after the bubble burst, many investors turned against dividends, preferring companies to invest the cash in growth instead.

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Denver, Oct. 06, 2022 (GLOBE NEWSWIRE) -- With the help of many longstanding business partners, AIR Communities and Aimco secured $430,000 for beneficiaries of the AIR Gives + Aimco Cares Charity Golf Classic.  The tournament, held at The Sanctuary in Sedalia, CO, is consistently the highest-grossing tournament at the course, raising more than $6.8 million in its 19-year history.

AIR Gives + Aimco Cares Charity Golf Classic Raises $430,000 for Military and Educational Causes

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) will release Third Quarter 2022 earnings on Thursday, November 3, 2022, after the market closes. The Third Quarter 2022 earnings conference call will be conducted on Friday, November 4, 2022, at 1:00 p.m. Eastern time. Live Conference Call Domestic Dial-In Number: +1-844-200-6205 International Dial-In Number: +1-929-526-1599 Access code: 342431 Webcast: investors.aircommunities.com Conference Call Replay Domestic Dial-In

AIR Communities Announces Dates for Third Quarter 2022 Earnings Release and Conference Call

Denver, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Apartment Income REIT Corp. (known as AIR Communities or AIR) today announced the publication of its 2021/2022 Corporate Responsibility Report . The annual report demonstrates AIR's commitment to being an outstanding corporate citizen and reinforces its dedication to ESG goal setting and reporting.

AIR Communities Publishes 2021/2022 Corporate Responsibility Report

Contrary to expectations, the Apartment REIT sector has slightly underperformed the REIT average this year. Despite outstanding earnings, the Apartment sector is trading at historically cheap valuations.

Apartment Income REIT: High Yield With Low Risk

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) today provided an operating update on its change in Same Store Rental Rates and Average Daily Occupancy as of August 31, 2022. The Company remains on track to meet guidance for 2022 as described in its second quarter 2022 earnings release.   Q2 2022 July 2022 August 2022 Transacted Leases       Renewal rent changes 11.1% 10.6% 11.0% New lease rent changes 18.9% 17.9% 17.4% Weighted-average rent changes 14.3% 14.0% 14.0%

AIR Communities Provides Operating Update

Denver, CO, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Apartment Income REIT Corp., known as AIR Communities, today announced the launch of a new corporate responsibility website. The site expands upon AIR's longstanding corporate citizenship efforts, highlighting initiatives and accomplishments related to environmental, social, and governance measures.

News for Apartment Income REIT Corp Stock (AIRC)