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Apartment Income REIT reports Q4 FFO 59c, consensus 59c

Reports Q4 revenue $207.87M, consensus $205.34M. Terry Considine, CEO, commented: "2022 was a terrific year! Average rents in our portfolio reached a new high. Same Store NOI growth of 14% surpassed our expectations. NOI in our newly acquired properties grew even faster. We had the highest operating margins in the sector. We were the most efficient in converting rent to Free Cash Flow."

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Published first on TheFly

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