Velarion · Company Intelligence
Compensation Brief
Fiscal year 2022 · Filings through 2026-04-22

Apartment Income Reit (AIRC)

Fiscal year 2022 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,416,020
Terry Considine total, FY2022
CEO pay percentile vs peers
CEO-to-median pay ratio
96.71%
Say-on-pay support, latest vote
Companies that benchmark against AIRC
3 companies name AIRC as a compensation peer

Each company listed discloses AIRC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AIRC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2022

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Terry Considine$400,000$0$3,400,008$0$1,611,720$0$4,300$5,416,020
Chief Executive Officer
John McGrath600,0000001,548,7700392,2502,539,770
Executive Vice President, Co-Chief Investment Officer, Chairman of the Investment Committee
Lisa Cohn450,00001,194,6580719,02904,3002,367,987
President, General Counsel and Secretary
Keith Kimmel450,0000814,5760666,16304,3001,935,039
President of Property Operations
Paul Beldin450,0000401,9130314,33104,3001,170,544
Executive Vice President and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2022 totalFY2021 totalFY2020 totalΔ FY20212022
Terry Considine$5,416,020
John McGrath2,539,770
Lisa Cohn2,367,987
Keith Kimmel1,935,039
Paul Beldin1,170,544

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2022

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Paul BeldinPSU2022-02-012,3694,7379,474$277,446
Lisa CohnPSU2022-02-017,04114,08128,162824,724
Keith KimmelRSU2022-02-014,801252,245
Paul BeldinRSU2022-02-012,369124,467
Lisa CohnRSU2022-02-017,041369,934
Keith KimmelPSU2022-02-014,8019,60119,202562,331
Terry ConsidinePSU2022-02-01146,679293,357586,7143,400,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Paul Beldin$124,467$277,446$069.0%
Lisa Cohn369,934824,724069.0%
Keith Kimmel252,245562,331069.0%
Terry Considine03,400,0000100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2022

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Keith KimmelPSU9,601$329,410
Lisa CohnRSU7,026241,062
Paul BeldinRSU1,15239,525
Lisa CohnRSU3,424117,477
Paul BeldinRSU64021,958
Terry ConsidineOption127,21739
Lisa CohnPSU18,737642,866
Lisa CohnPSU14,081483,119
Keith KimmelPSU12,775438,310
Lisa CohnRSU9,018309,408
Keith KimmelRSU7,686263,707
Paul BeldinPSU6,303216,256
Keith KimmelRSU4,801164,722
Paul BeldinPSU4,737162,526
Lisa CohnRSU3,655125,403
Paul BeldinRSU2,84597,612
Lisa CohnRSU1,90465,326
Keith KimmelRSU1,25543,059
Keith KimmelRSU2,33580,114
Keith KimmelOption14,58834.28
Lisa CohnOption14,80847.14
Terry ConsidineOption384,80934.28
Terry ConsidineOption238,53034.56
Lisa CohnRSU7,014241,577
Paul BeldinRSU2,36481,109
Paul BeldinRSU1,22942,167
05

Incentive-plan design — the Compensation Discussion & Analysis

AIR is a pay-for-performance organization. AIR starts by setting target total compensation near the median of target total compensation for its peers as identified below, both as a measure of fairness and also to provide an economic incentive to remain with the Company. Actual compensation varies from target compensation based on the Company's results.

CEO STI target (% of salary)300%
CEO LTI target (% of salary)
Independent consultantFPL Associates, L.P.
Clawback policytrue
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-09-15123,686,7104,202,651135,57996.71%Passed
20222022-12-07127,810,3132,351,113109,34298.19%Passed
20212021-12-07130,453,9334,010,24386,67797.02%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20232023-09-1596.71%a
20222022-12-0798.19%b
20212021-12-0797.02%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not considered votes cast and will have no effect on the outcome of the vote.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not considered votes cast and will have no effect on the outcome of the vote.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not considered votes cast and will have no effect on the outcome of the vote.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2022

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Ann SperlingIndependent · Audit · Compensation and Human Resources · Governance and Corporate Responsibility (Chair)$90,000$158,340$0$0$0$248,340
John Dinha RayisIndependent · Audit · Compensation and Human Resources (Chair) · Governance and Corporate Responsibility · AIR-AIV Transactions90,000158,340000248,340
Thomas N. BohjalianIndependent · Audit · Compensation and Human Resources · Governance and Corporate Responsibility90,000158,340000248,340
Kristin Finney-CookeIndependent · Audit · Compensation and Human Resources · Governance and Corporate Responsibility90,000158,340000248,340
Devin I. MurphyIndependent · Audit · Compensation and Human Resources · Governance and Corporate Responsibility90,000158,340000248,340
Thomas L. KeltnerIndependent · Audit · Compensation and Human Resources · Governance and Corporate Responsibility · AIR-AIV Transactions (Chair)90,000158,340000248,340
Nina A. TranIndependent · Audit (Chair) · Compensation and Human Resources · Governance and Corporate Responsibility · AIR-AIV Transactions90,000158,340000248,340
Margarita Palau-HernándezIndependent · Audit · Compensation and Human Resources · Governance and Corporate Responsibility90,000158,340000248,340
Terry ConsidineEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$90,000
Annual equity retainer$158,340
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline27,500 shares or $550,000
09b

Total cost of the board

ComponentFY2022
Cash retainers and fees$720,000
Equity awards (grant-date value)$1,266,720
All other compensation$0
Total cost of the board$1,986,720

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2022

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Apartment Income Reit names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Apartment Income Reit.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Rexford Industrial Realty, Inc.2025Howard Schwimmer$1,000,000$24,856,439$0$0$25,892,687
2SL Green Realty Corp.2025Marc Holliday1,400,00014,271,65601,639,39017,356,826
3Omega Healthcare Investors, Inc.2025C. Taylor Pickett967,00011,248,49801,297,59314,020,475
4Healthcare Realty Trust Incorporated2025Peter Scott534,09110,336,83101,984,50012,855,422
5Spirit Realty Capital, Inc.2022Jackson Hsieh901,2508,972,07802,793,87512,721,068
6Agree Realty Corporation2025Joel Agree921,8086,923,60803,053,25310,957,876
7Federal Realty Investment Trust2025Donald Wood1,000,0007,554,43401,350,0009,929,147
8Park Hotels & Resorts, Inc.2025Thomas Baltimore Jr.1,100,0005,967,30702,661,5059,729,412
9EastGroup Properties, Inc.2025Marshall Loeb885,0005,896,73802,340,0299,437,394
10CubeSmart2025Christopher Marr920,0003,679,9651,839,9972,523,6579,177,452
11Douglas Emmett, Inc.2025Jordan Kaplan800,0008,170,000009,012,069
12Lamar Advertising Company2025Sean Reilly900,0005,838,0000720,0008,463,353
13First Industrial Realty Trust, Inc.2025Peter Baccile935,0005,212,1992,113,0008,288,366
14Kilroy Realty Corp.2025Angela Aman820,0004,433,57701,801,8507,072,527
15STAG Industrial, Inc.2025William Crooker800,0003,599,97001,427,9155,881,152
16Life Storage, Inc.2022Joseph Saffire740,0003,645,43301,332,0005,722,466
17Apartment Income Reit2022Terry Considine400,0003,400,00801,611,7205,416,020
18National Storage Affiliates Trust2024David Cramer675,0003,620,0060491,1504,799,956
19Brixmor Property Group, Inc.2025Brian T. Finnegan650,0001,777,1340830,9443,735,474
20Americold Realty Trust2025Robert Chambers708,0681,907,2270694,0733,524,308

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Apartment Income Reit134.31%LTIP Units 100NoFPL Associates, L.P.
Agree Realty Corporation329%PSU 70 · RSU 30NoMeridian
Americold Realty Trustnot disclosedPSU 60 · RSU 40Yes — relative TSRMeridian Compensation Partners, LLC
Brixmor Property Group, Inc.111%PSU 60 · RSU 40YesPay Governance
CubeSmart157%PSU 33 · RSU 33 · Options 33NoFerguson Partners
Douglas Emmett, Inc.not disclosedLTIP Units 100not disclosedFTI Consulting, Inc.
EastGroup Properties, Inc.137%PSU 70 · RSU 30Yes — TSR Compared to Nareit Equity Index ConstituentsFerguson Partners Consulting L.P.
Federal Realty Investment Trust120%not disclosedNoSemler Brossy Consulting Group
First Industrial Realty Trust, Inc.113%PSU 65 · LTIP Units 35YesFerguson Partners Consulting, L.P.
Healthcare Realty Trust Incorporated147%PSU 60 · RSU 40Yes — Relative TSR compared to the TSR peer groupFerguson Partners
Kilroy Realty Corp.125.6%PSU 75 · RSU 25Yes — TSR Percentile RankingKorn Ferry
Lamar Advertising Company80%LTIP Units 100Nonot disclosed
Life Storage, Inc.180%PSU 50 · RSU 50Yes — Relative TSRNFP
National Storage Affiliates Trust61%LTIP Units 100Yes — 3-Year TSR versus MSCI US REIT IndexFPC
Omega Healthcare Investors, Inc.149.0%PSU 60 · RSU 40Yes — Relative TSR vs. FTSE Nareit Equity Health Care IndexFerguson Partners Consulting L.P.
Park Hotels & Resorts, Inc.138%PSU 65 · RSU 35Yes — Relative Total Stockholder Return (TSR) vs. FTSE Nareit Lodging/Resorts IndexFerguson Partners Consulting L.P.
Rexford Industrial Realty, Inc.227%PSU 60 · RSU 40Yes — Relative TSR vs. Dow Jones U.S. Equity REIT IndexFPC
SL Green Realty Corp.not disclosedPSU 67 · RSU 33Yes — Office REIT Peers TSRFerguson Partners
Spirit Realty Capital, Inc.310%PSU 100Yes — Relative TSRFerguson Partners Consulting (FPC)
STAG Industrial, Inc.178%PSU 65 · LTIP Units 35Yes — Relative TSR vs Industry Peer GroupFerguson Partners Consulting

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Terry ConsidineDEF 14A2023-08-020001387131-23-009204Section “Summary Compensation Table”. As printed: 5,416,020. Filing ↗machine: r2 · c8 · span 1283249–1283258
2Section 01, John McGrathDEF 14A2023-08-020001387131-23-009204Section “Summary Compensation Table”. As printed: 2,539,770. Filing ↗machine: t61 · r18 · c8 · span 1327085–1327094
3Section 01, Lisa CohnDEF 14A2023-08-020001387131-23-009204Section “Summary Compensation Table”. As printed: 2,367,987. Filing ↗machine: r10 · c8 · span 1305293–1305302
4Section 01, Keith KimmelDEF 14A2023-08-020001387131-23-009204Section “Summary Compensation Table”. As printed: 1,935,039. Filing ↗machine: r14 · c8 · span 1315877–1315886
5Section 01, Paul BeldinDEF 14A2023-08-020001387131-23-009204Section “Executive Compensation”. As printed: 1,170,544. Filing ↗
6Section 03, Paul Beldin PSUDEF 14A2023-08-020001387131-23-009204Section “Grants of Plan-Based Awards in 2022” · grants of plan-based awards table. Filing ↗machine: t63 · r27 · c15 · span 1382990–1382997
7Section 03, Lisa Cohn PSUDEF 14A2023-08-020001387131-23-009204Section “Grants of Plan-Based Awards in 2022” · grants of plan-based awards table. Filing ↗machine: t63 · r30 · c15 · span 1395224–1395231
8Section 03, Keith Kimmel RSUDEF 14A2023-08-020001387131-23-009204Section “Grants of Plan-Based Awards in 2022” · grants of plan-based awards table. Filing ↗machine: t63 · r32 · c15 · span 1404300–1404307
9Section 03, Paul Beldin RSUDEF 14A2023-08-020001387131-23-009204Section “Grants of Plan-Based Awards in 2022” · grants of plan-based awards table. Filing ↗machine: t63 · r26 · c15 · span 1378509–1378516
10Section 03, Lisa Cohn RSUDEF 14A2023-08-020001387131-23-009204Section “Grants of Plan-Based Awards in 2022” · grants of plan-based awards table. Filing ↗machine: t63 · r29 · c15 · span 1391172–1391179
11Section 03, Keith Kimmel PSUDEF 14A2023-08-020001387131-23-009204Section “Grants of Plan-Based Awards in 2022” · grants of plan-based awards table. Filing ↗machine: t63 · r33 · c15 · span 1408783–1408790
12Section 03, Terry Considine PSUDEF 14A2023-08-020001387131-23-009204Section “Grants of Plan-Based Awards in 2022” · grants of plan-based awards table. Filing ↗machine: t63 · r24 · c6 · span 1367366–1367373
13Section 08, Ann SperlingDEF 14A2023-08-020001387131-23-009204Section “Director Compensation”. As printed: 248,340. Filing ↗machine: span 815835–815842
14Section 08, John Dinha RayisDEF 14A2023-08-020001387131-23-009204Section “Director Compensation”. As printed: 248,340. Filing ↗machine: span 812753–812760
15Section 08, Thomas N. BohjalianDEF 14A2023-08-020001387131-23-009204Section “Director Compensation”. As printed: 248,340. Filing ↗machine: span 798029–798036
16Section 08, Kristin Finney-CookeDEF 14A2023-08-020001387131-23-009204Section “Director Compensation”. As printed: 248,340. Filing ↗machine: span 800876–800883
17Section 08, Devin I. MurphyDEF 14A2023-08-020001387131-23-009204Section “Director Compensation”. As printed: 248,340. Filing ↗machine: span 806805–806812
18Section 08, Thomas L. KeltnerDEF 14A2023-08-020001387131-23-009204Section “Director Compensation”. As printed: 248,340. Filing ↗machine: span 803963–803970
19Section 08, Nina A. TranDEF 14A2023-08-020001387131-23-009204Section “Director Compensation”. As printed: 248,340. Filing ↗machine: span 818674–818681
20Section 08, Margarita Palau-HernándezDEF 14A2023-08-020001387131-23-009204Section “Director Compensation”. As printed: 248,340. Filing ↗
21Section 08, Terry ConsidineDEF 14A2023-08-020001387131-23-009204Section “Director Compensation”. As printed: 0. Filing ↗
22Section 06, 2023 voteForm 8-K2023-09-180001628280-23-032477Item 5.07 · say-on-pay result. As reported: 96.71% (votes for as printed: 123,686,710). Filing ↗
23Section 06, 2022 voteForm 8-K2022-12-090000950170-22-026247Item 5.07 · say-on-pay result. As reported: 98.19% (votes for as printed: 127,810,313). Filing ↗machine: span 98090–105036
24Section 06, 2021 voteForm 8-K2021-12-090000950170-21-005124Item 5.07 · say-on-pay result. As reported: 97.02% (votes for as printed: 130,453,933). Filing ↗machine: span 69176–75569
25Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
26Section 09b board cost (computed)ComputedcomputedCash 720,000 + equity 1,266,720 + all other 0 = 1,986,720, summed across the director compensation table rows.machine: formula: Σ = 1,986,720
27Rexford Industrial Realty, Inc., Section 10b CEO totalDEF 14A2026-04-080001571283-26-000012CEO total compensation as printed in Rexford Industrial Realty, Inc.'s own proxy. As printed: 25,892,687. Filing ↗machine: span 956405–956415
28SL Green Realty Corp., Section 10b CEO totalDEF 14A2026-04-220001104659-26-046866CEO total compensation as printed in SL Green Realty Corp.'s own proxy. As printed: 17,356,826. Filing ↗machine: span 1592570–1592580
29Omega Healthcare Investors, Inc., Section 10b CEO totalDEF 14A2026-04-210001104659-26-045753CEO total compensation as printed in Omega Healthcare Investors, Inc.'s own proxy. As printed: 14,020,475. Filing ↗machine: t146 · r7 · c16 · span 1713701–1713711
30Healthcare Realty Trust Incorporated, Section 10b CEO totalDEF 14A2026-04-070001360604-26-000032CEO total compensation as printed in Healthcare Realty Trust Incorporated's own proxy. As printed: 12,855,422. Filing ↗machine: r2 · c21 · span 598192–598203
31Spirit Realty Capital, Inc., Section 10b CEO totalDEF 14A2023-03-230001193125-23-077255CEO total compensation as printed in Spirit Realty Capital, Inc.'s own proxy. As printed: 12,721,068. Filing ↗machine: r4 · c22 · span 697594–697604
32Agree Realty Corporation, Section 10b CEO totalDEF 14A2026-04-020000917251-26-000031CEO total compensation as printed in Agree Realty Corporation's own proxy. As printed: 10,957,876. Filing ↗machine: t90 · r2 · c21 · span 720296–720306
33Federal Realty Investment Trust, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127642CEO total compensation as printed in Federal Realty Investment Trust's own proxy. As printed: 9,929,147. Filing ↗machine: t136 · r3 · c27 · span 657645–657654
34Park Hotels & Resorts, Inc., Section 10b CEO totalDEF 14A2026-03-120001617406-26-000021CEO total compensation as printed in Park Hotels & Resorts, Inc.'s own proxy. As printed: 9,729,412. Filing ↗machine: r4 · c17 · span 2212468–2212477
35EastGroup Properties, Inc., Section 10b CEO totalDEF 14A2026-04-100000049600-26-000019CEO total compensation as printed in EastGroup Properties, Inc.'s own proxy. As printed: 9,437,394. Filing ↗machine: r2 · c21 · span 1059338–1059347
36CubeSmart, Section 10b CEO totalDEF 14A2026-04-030001104659-26-039457CEO total compensation as printed in CubeSmart's own proxy. As printed: 9,177,452. Filing ↗
37Douglas Emmett, Inc., Section 10b CEO totalDEF 14A2026-04-170001364250-26-000020CEO total compensation as printed in Douglas Emmett, Inc.'s own proxy. As printed: 9,012,069. Filing ↗machine: span 506518–506527
38Lamar Advertising Company, Section 10b CEO totalDEF 14A2026-04-020001193125-26-140058CEO total compensation as printed in Lamar Advertising Company's own proxy. As printed: 8,463,353. Filing ↗machine: r5 · c22 · span 310159–310168
39First Industrial Realty Trust, Inc., Section 10b CEO totalDEF 14A2026-03-300000921825-26-000041CEO total compensation as printed in First Industrial Realty Trust, Inc.'s own proxy. As printed: 8,288,366. Filing ↗machine: r2 · c36 · span 508347–508356
40Kilroy Realty Corp., Section 10b CEO totalDEF 14A2026-04-090001193125-26-149727CEO total compensation as printed in Kilroy Realty Corp.'s own proxy. As printed: 7,072,527. Filing ↗machine: r4 · c27 · span 996331–996340
41STAG Industrial, Inc., Section 10b CEO totalDEF 14A2026-03-180001104659-26-031046CEO total compensation as printed in STAG Industrial, Inc.'s own proxy. As printed: 5,881,152. Filing ↗machine: span 1074440–1074449
42Life Storage, Inc., Section 10b CEO totalDEF 14A2023-04-130001193125-23-100620CEO total compensation as printed in Life Storage, Inc.'s own proxy. As printed: 5,722,466. Filing ↗machine: t297 · r2 · c25 · span 776189–776198
43Apartment Income Reit (subject), Section 10b CEO totalDEF 14A2023-08-020001387131-23-009204CEO total compensation as printed in Apartment Income Reit's own proxy. As printed: 5,416,020. Filing ↗machine: r2 · c8 · span 1283249–1283258
44National Storage Affiliates Trust, Section 10b CEO totalDEF 14A2025-03-280001628280-25-015431CEO total compensation as printed in National Storage Affiliates Trust's own proxy. As printed: 4,799,956. Filing ↗machine: t95 · r5 · c18 · span 799334–799343
45Brixmor Property Group, Inc., Section 10b CEO totalDEF 14A2026-03-110001104659-26-026381CEO total compensation as printed in Brixmor Property Group, Inc.'s own proxy. As printed: 3,735,474. Filing ↗machine: r4 · c27 · span 957466–957475
46Americold Realty Trust, Section 10b CEO totalDEF 14A2026-04-080001628280-26-024250CEO total compensation as printed in Americold Realty Trust's own proxy. As printed: 3,524,308. Filing ↗machine: r2 · c24 · span 788554–788563
47Section 10a, Life Storage, Inc. reciprocityDEF 14A0001193125-23-100620Life Storage, Inc.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
48Section 10a, Americold Realty Trust reciprocityDEF 14A0001628280-26-024250Americold Realty Trust's most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
49Section 10a, Brixmor Property Group, Inc. reciprocityDEF 14A0001104659-26-026381Brixmor Property Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
50Section 10a, Agree Realty Corporation reciprocityDEF 14A0000917251-26-000031Agree Realty Corporation's most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
51Section 10a, Omega Healthcare Investors, Inc. reciprocityDEF 14A0001104659-26-045753Omega Healthcare Investors, Inc.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
52Section 10a, Spirit Realty Capital, Inc. reciprocityDEF 14A0001193125-23-077255Spirit Realty Capital, Inc.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
53Section 10a, Federal Realty Investment Trust reciprocityDEF 14A0001193125-25-066328Federal Realty Investment Trust's most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
54Section 10a, CubeSmart reciprocityDEF 14A0001104659-26-039457CubeSmart names Apartment Income Reit in its own disclosed peer group (read from its most recent proxy). Filing ↗
55Section 10a, Rexford Industrial Realty, Inc. reciprocityDEF 14A0001571283-26-000012Rexford Industrial Realty, Inc.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
56Section 10a, National Storage Affiliates Trust reciprocityDEF 14A0001628280-25-015431National Storage Affiliates Trust names Apartment Income Reit in its own disclosed peer group (read from its most recent proxy). Filing ↗
57Section 10a, Douglas Emmett, Inc. reciprocityDEF 14A0001364250-26-000020Douglas Emmett, Inc.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
58Section 10a, Lamar Advertising Company reciprocityDEF 14A0001193125-25-073398Lamar Advertising Company's most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
59Section 10a, Kilroy Realty Corp. reciprocityDEF 14A0001193125-26-149727Kilroy Realty Corp.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
60Section 10a, STAG Industrial, Inc. reciprocityDEF 14A0001104659-26-031046STAG Industrial, Inc.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
61Section 10a, EastGroup Properties, Inc. reciprocityDEF 14A0000049600-26-000019EastGroup Properties, Inc.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
62Section 10a, SL Green Realty Corp. reciprocityDEF 14A0001104659-26-046866SL Green Realty Corp.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
63Section 10a, First Industrial Realty Trust, Inc. reciprocityDEF 14A0000921825-26-000041First Industrial Realty Trust, Inc.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
64Section 10a, Park Hotels & Resorts, Inc. reciprocityDEF 14A0001617406-26-000021Park Hotels & Resorts, Inc.'s most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗
65Section 10a, Healthcare Realty Trust Incorporated reciprocityDEF 14A0001360604-26-000032Healthcare Realty Trust Incorporated's most recent proxy was read; its disclosed peer group does not include Apartment Income Reit. Filing ↗