Class B multifamily apartment homes increasingly appeal to a broad U.S. demographic including immigrant households, workers seeking quality, affordable housing and people of all ages desiring the amenities and flexibility of apartment housing. The future for Class B multifamily is bright based on the growing recognition—among property owners, policymakers and the larger population—that what’s good for renters is good for everyone. Diverse housing creates a foundation for a diverse population, which in turn supports a vibrant local economy.
Aii has achieved an excellent track record investing in value-add properties, and we have never incurred a loss on any multifamily investment. Since our founding, Aii has invested in 79 properties with a total capitalized investment cost of $483 million, including 27 multifamily properties with a total cost of $220 million.Investment Principles