{"id":836930,"date":"2022-11-22T18:20:16","date_gmt":"2022-11-22T17:20:16","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/air-communities-announces-sale-of-its-new-england-multi-family-portfolio\/"},"modified":"2022-11-22T18:20:16","modified_gmt":"2022-11-22T17:20:16","slug":"air-communities-announces-sale-of-its-new-england-multi-family-portfolio","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/air-communities-announces-sale-of-its-new-england-multi-family-portfolio\/","title":{"rendered":"AIR Communities Announces Sale of its New England Multi-Family Portfolio"},"content":{"rendered":"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%.\n\n\n\nJohn McGrath, Chairman of the AIR Investment Committee, noted: \u201cSince the end of 2020, AIR has completed $2.2 billion of property sales and joint venture transactions at prices averaging 17% above internal estimates of gross asset value as of Q1 2020, which were substantially identical to those prepared and published at that time by Green Street Advisors. Consistent with our paired trade philosophy and focus on accretive growth, we have enhanced <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. (&#8220;AIR&#8221;) (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%. John McGrath, Chairman of the AIR Investment Committee, noted: \u201cSince the end of [&hellip;]<\/p>\n","protected":false},"author":0,"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-836930","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 Communities Announces Sale of its New England Multi-Family Portfolio - 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-communities-announces-sale-of-its-new-england-multi-family-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIR Communities Announces Sale of its New England Multi-Family Portfolio - BeBeez\" \/>\n<meta property=\"og:description\" content=\"DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (&quot;AIR&quot;) (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%. 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