{"id":802513,"date":"2022-06-22T19:02:03","date_gmt":"2022-06-22T17:02:03","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/air-announces-534-million-note-prepayment-and-200-million-in-lease-cancellation-transactions\/"},"modified":"2023-07-10T17:21:33","modified_gmt":"2023-07-10T15:21:33","slug":"air-announces-534-million-note-prepayment-and-200-million-in-lease-cancellation-transactions","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/air-announces-534-million-note-prepayment-and-200-million-in-lease-cancellation-transactions\/","title":{"rendered":"AIR Announces $534 Million Note Prepayment and $200 Million in Lease Cancellation Transactions"},"content":{"rendered":"DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (\u201cAIR\u201d) (NYSE: AIRC) today announced that it has reached agreement with Apartment Investment and Management Company (\u201cAimco\u201d) to cancel existing leases at four properties owned by AIR and leased to Aimco for the purpose of their development. With the developments largely complete, the two companies negotiated an early termination of the leases for a negotiated payment of $200 million.\n\n\n\nThe four properties include 865 apartment homes with average monthly rents of approximately $3,400 and are the North Tower at Flamingo Point in the South Beach neighborhood of Miami Beach, FL; Prism Apartments in the Kendall Square submarket of Cambridge, MA; Fremont Residences on the Anschutz Med<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>DENVER&#8211;(BUSINESS WIRE)&#8211;Apartment Income REIT Corp. (\u201cAIR\u201d) (NYSE: AIRC) today announced that it has reached agreement with Apartment Investment and Management Company (\u201cAimco\u201d) to cancel existing leases at four properties owned by AIR and leased to Aimco for the purpose of their development. With the developments largely complete, the two companies negotiated an early termination of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-802513","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AIR Announces $534 Million Note Prepayment and $200 Million in Lease Cancellation Transactions - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/air-announces-534-million-note-prepayment-and-200-million-in-lease-cancellation-transactions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIR Announces $534 Million Note Prepayment and $200 Million in Lease Cancellation Transactions - BeBeez\" \/>\n<meta property=\"og:description\" content=\"DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (\u201cAIR\u201d) (NYSE: AIRC) today announced that it has reached agreement with Apartment Investment and Management Company (\u201cAimco\u201d) to cancel existing leases at four properties owned by AIR and leased to Aimco for the purpose of their development. With the developments largely complete, the two companies negotiated an early termination of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/air-announces-534-million-note-prepayment-and-200-million-in-lease-cancellation-transactions\/\" \/>\n<meta property=\"og:site_name\" content=\"BeBeez\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-22T17:02:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-10T15:21:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"683\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"olomaster\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"olomaster\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/air-announces-534-million-note-prepayment-and-200-million-in-lease-cancellation-transactions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/air-announces-534-million-note-prepayment-and-200-million-in-lease-cancellation-transactions\/\"},\"author\":{\"name\":\"olomaster\",\"@id\":\"https:\/\/15.161.165.86\/#\/schema\/person\/f3523ef027b0af56aa28725439cc9518\"},\"headline\":\"AIR Announces $534 Million Note Prepayment and $200 Million in Lease Cancellation Transactions\",\"datePublished\":\"2022-06-22T17:02:03+00:00\",\"dateModified\":\"2023-07-10T15:21:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/air-announces-534-million-note-prepayment-and-200-million-in-lease-cancellation-transactions\/\"},\"wordCount\":713,\"publisher\":{\"@id\":\"https:\/\/15.161.165.86\/#organization\"},\"articleSection\":[\"Real Estate in Asia Pacific\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/air-announces-534-million-note-prepayment-and-200-million-in-lease-cancellation-transactions\/\",\"url\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/air-announces-534-million-note-prepayment-and-200-million-in-lease-cancellation-transactions\/\",\"name\":\"AIR Announces $534 Million Note Prepayment and $200 Million in Lease Cancellation Transactions - 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