Transforming Homes, Lives & Communities


Supply/demand dynamics have reshaped the way many Americans define home. “Home” used to be a picket fence with a two-car garage and a swing set in the backyard. Today, “home” more often might be a garden apartment with a well-appointed gym, beautiful landscaping, a sizable playground and a helpful front desk. Founded in 1994, Apartment Income Investors (Aii) specializes in Class B multifamily property investments. Our investment mission is to acquire, transform and realize value from income-producing properties with significant capital appreciation potential. Our larger social mission is to transform somewhat neglected properties into vibrant places that tenants are proud and happy to call home.