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AIR Communities

Multifamily housing REIT and operator

Finance Manager - West Operations

Full-TimeDeadline 10/15/26
$105k - $130k/yr
Mid
Bachelor's
Irvine, CA, USA
In Person
Finance & BankingCorporate Finance & FP&A

About the job

Requirements
  • A bachelor's degree in Finance, Accounting, or equivalent is required.
  • At least 3 to 5 years of experience in Finance and Operations is required.
  • Strong financial acumen is required.
  • Strong data modeling experience is required.
  • Strong business writing skills are required.
Responsibilities
  • Prepare, review, and analyze critical Operations Finance data to increase revenue and minimize costs.
  • Diagnose complex situations and present possible solutions to business leaders.
  • Guide regional leaders on financial performance, providing direction and support for maintaining budget responsibility.
  • Participate in monthly forecasting, annual budgeting, and multi-year strategic planning.
  • Address challenging problems in support of company financial and analytics disciplines, including FP&A, Capital Planning, Revenue Management, Decision Support, and Acquisitions.
  • Assist with analysis related to significant transactions such as property sales, acquisitions, and capital expenditures.
Desired Qualifications
  • Real Estate experience is a plus.
  • Experience with SQL Server and databases is a plus.

About the company

AIR Communities is a real estate investment trust that owns and operates a large, diversified portfolio of multifamily apartment communities across the United States. It earns most of its revenue from rental income by leasing units, with additional activity from buying and selling properties to optimize the portfolio. The company acquires, owns, and manages properties, aims to keep occupancy high, and uses its scale to provide steady cash flow and allow public investment through NYSE shares (AIRC) with relatively low leverage. Its goal is to deliver stable, high-quality housing and reliable returns to investors through prudent portfolio management and efficient operations.

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$1.4B

Headquarters

Baltimore, Maryland

Founded

1994

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Simplify's Take

What believers are saying

  • Blackstone plans over $400 million of portfolio upgrades after the June 2024 closing.
  • Private ownership removes quarterly public-market pressure, enabling longer renovation timelines.
  • AIR's coastal assets in Miami, Los Angeles, Boston, and D.C. attract institutional capital.

What critics are saying

  • Massachusetts tenants sued AIR in 2024 over illegal security-deposit deductions, risking class damages.
  • D.C. settled voucher-discrimination claims in July 2024, forcing policy changes and oversight.
  • As a Blackstone subsidiary, AIR's employer brand now competes with broader portfolio companies.

What makes AIR Communities unique

  • Blackstone completed AIR Communities' $10 billion privatization on June 28, 2024.
  • AIR owns 77 communities and 27,385 apartment homes across 10 states.
  • Its coastal-market concentration and Blackstone capital distinguish AIR from smaller apartment operators.

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Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Remote Work Options
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Hybrid Work Options
  • Stock Options
  • Company Equity
  • Wellness Program
  • Mental Health Support
  • Gym Membership
  • Phone/Internet Stipend

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-4%

2 year growth

1%
Fisher Vista LLC
Jul 24th, 2025
AIR Communities Recognized as a Real Estate Top Workplace by Energage

AIR Communities, a prominent real estate investment trust, has been awarded the Real Estate Top Workplace designation by Energage, a testament to its efforts in creating a supportive and engaging work environment.

The Business Times
Sep 11th, 2024
Blackstone Sells $1.05B CMBS for AIR Buyout

Blackstone is selling $1.05 billion of commercial mortgage bonds to help fund its $10 billion acquisition of AIR Communities, an apartment landlord. The debt consists of six tranches with ratings from AAA to BB-. This follows a previous $2.95 billion CMBS sale in July, also backed by AIR Communities properties. Blackstone plans to invest over $400 million to enhance AIR Communities' portfolio. CMBS issuance has reached $69.7 billion this year, with spreads wider than at the start of the year but below last year's levels.

Blackstone
Jun 28th, 2024
Blackstone Real Estate to Take AIR Communities Private for Approximately $10 Billion - Blackstone

Press releases, portfolio company news, and timely updates on our business.

PR Newswire
Jun 20th, 2024
Ryan Specialty Holdings Joins S&P MidCap 400

Ryan Specialty Holdings Inc. (NYSE:RYAN) will replace Apartment Income REIT Corp. (NYSE:AIRC) in the S&P MidCap 400 effective prior to the opening of trading on June 28, 2024. Blackstone Inc. (NYSE: BX) is acquiring Apartment Income REIT, with the deal expected to close soon. Ryan Specialty Holdings will be added to the index under the Financials sector, while Apartment Income REIT will be removed from the Real Estate sector.

TipRanks
Jun 14th, 2024
Apartment Income REIT's Strategic Merger with Apex-Aries-Astro Entities

Apartment Income REIT Corp. has announced a merger with Apex, Aries, and Astro Purchaser LLCs, with the latter's subsidiary merging into the company.