| Apartment Income REIT is a self-administered and self-managed real estate investment trust. Co. owns, through its wholly-owned subsidiaries, all of the common equity, the general partner interest, and special limited partner interest in its operating partnership, Apartment Income REIT, L.P. (AIR Operating Partnership). AIR Operating Partnership conducts all of the business of Co., which is focused on the ownership of stabilized multi-family properties located in primary markets including the following geographic concentrations: Boston; Philadelphia; Greater Washington, D.C.; Miami; Denver; the San Francisco Bay Area; Los Angeles; and San Diego. The AIRC average annual return since 2020 is shown above.
The Average Annual Return on the AIRC average annual return since 2020 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether AIRC average annual return since 2020 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AIRC average annual return calculation with any dividends reinvested as applicable (on ex-dates).