AIR Communities

AIR Communities is one of the nation's largest owners and operators of multifamily housing. Founded in 2020, the company owns and manages best-in-class apartment communities across major US markets, among them Boston, Denver, Philadelphia, Los Angeles and Miami. Its portfolio is diversified by geography, location and price point. In 2024 the company was acquired by Blackstone in a transaction valued at approximately $10 billion.

The business spans three main areas: high-quality apartment communities; property management services delivering living experiences to residents; and essential services provided as part of the apartment living experience. Corporate citizenship initiatives form a fourth strand, aimed at building connected communities. The stated focus throughout is the resident experience and the well-being of both residents and teammates.

AIR Communities describes its culture in terms of five core values: integrity, respect, collaboration, customer focus and performance. The company states a mission to prove that great living begins with great people, and frames the work as more than business - a higher calling to serve others. It sets out to create environments in which teammates feel valued, inspired and empowered to do their best work.

Operating across residential real estate, property management and real estate investment, the company employs people in property operations, management and corporate functions throughout its market footprint in the United States.