Apartment Income REIT Corp.

Denver, Colorado

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Apartment Income REIT Corp., commonly known as AIR Communities, is a U.S.-based real estate investment trust (REIT) focused on owning and operating multifamily apartment communities across major metropolitan markets in the United States. Headquartered in Denver, Colorado, AIR was formed in 2020 as a self-administered and self-managed REIT with a simple and predictable business model centered on delivering exceptional living experiences and best-in-class property operations. In 2024, AIR Communities was acquired by global investment firm Blackstone in a transaction valued at roughly $10 billion, transitioning the company to private ownership while maintaining its core operating platform. Products / Services: 1. Multifamily Apartment Ownership & Leasing - Ownership and leasing of stabilized apartment communities, offering a range of residential units in desirable U.S. metro areas with professional property oversight. 2. Property Management Services - Comprehensive daily property operations including resident services, lease administration, maintenance coordination, and community engagement to support high occupancy and satisfaction. 3. Resident Experience & Support - Services designed to enhance living quality and satisfaction such as responsive customer service, resident portals, community events, and support systems throughout tenancy. 4. Portfolio Optimization & Asset Management - Strategic management of the property portfolio through selective acquisitions, dispositions, and performance enhancements to maximize long-term returns and operational efficiency. 5. Corporate & Stakeholder Reporting - Financial reporting, investor relations, and compliance activities associated with being a publicly traded REIT (before being taken private), including performance disclosures and governance communications. 6. ESG & Corporate Responsibility Initiatives - Implementation of environmental, social, and governance programs, including sustainability efforts for property certifications and community engagement activities.

Keywords

Keywords

Classified

Private