Apartment Income REIT Corp. (AIRC) Tops Q1 EPS by 60c

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Go back to Apartment Income REIT Corp. (AIRC) Tops Q1 EPS by 60c

AIR Reports First Quarter 2021 Results

April 29, 2021 4:20 PM EDT

DENVER--(BUSINESS WIRE)-- Apartment Income REIT Corp (AIR) (NYSE: AIRC) announced today first quarter results for 2021.

Chief Executive Officer Terry Considine comments: 2021 is off to a solid start with first quarter operating results coming in ahead of expectations. The combination of AIRs best-in-class operating platform and a recovering economy allowed us to rebuild occupancy and raise rents while maintaining our focus on customer selection and customer quality.

Our five healthiest markets, representing half of AIRs revenue, have fully recovered from the disruptions of 2020, as evidenced by almost 97% occupancy and asking rents that... More