Name | Value |
---|---|
Revenues | 697.6M |
Cost of Revenue | 253.6M |
Gross Profit | 444.0M |
Operating Expense | 240.4M |
Operating I/L | 205.8M |
Other Income/Expense | 20.6M |
Interest Income | 48.1M |
Pretax | 176.2M |
Income Tax Expense | 4.4M |
Net Income/Loss | 172.0M |
The Company is an equity REIT specializing in the development, redevelopment, acquisition, and management of apartment communities in 11 states and the District of Columbia. As of December 31, 2020, it owned or held interests in 291 apartment communities with 86,025 apartment homes. The Company's primary revenue stream comes from leasing these apartment homes in leading metropolitan areas across various regions, including New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, Northern and Southern California, Southeast Florida, and Denver, Colorado.